Mad2, The information is in the "Annual Information form" dated May 14, 1999
Link - sedar.com
The relevant part -
Options
On April 15, 1999, the Company had outstanding options to purchase a total of
4,759,200 common shares, 2,689,000 of which options were held by officers and
directors of the Company as a group. The options held by officers and directors
are exercisable at prices ranging from $2.20 to $8.70 per share and have expiry
dates that range from October 17, 1999, to January 11, 2004. Further information
concerning options granted to and held and exercised by certain directors
and officers of the Company is incorporated by reference to "Compensation
of Directors and Executive Officers" on pages 4 through 7, and "Election
of Directors" on pages 15 and 16 of the Company's Information Circular and
Proxy Statement for the Annual General Meeting of Shareholders held on June 16, 1999,
filed herewith as Exhibit 2.2. As of April 15, 1999, other persons employed by the
company held options to purchase a total of 2,070,200 common shares. These options
have exercise prices ranging from $2.40 to $5.60 per share and have expiry dates
that range from October 15, 1999, to February 12, 2004.
Warrants
At April 15, 1999, the Company had warrants outstanding to purchase 2,497,619
shares of common stock of the Company as follows:
Warrants Common Shares Warrant Exercise Per Common Share Expiry Date
547,619 547,619 US$5.25 June 19, 1999
1,950,000 1,950,000 US$1.75 April 13, 2002
Convertible Notes
At April 15, 1999, the Company had convertible notes totalling $500,000 which
can be converted into 133,333 shares of common stock of the Company. The convertible
notes are convertible at the option of the holder into common shares at a price
of $3.75 per share by March 4, 2000.
Regards,
Rajiv |
