So I guess the MD&A filed on August 29th is incorrect. To me it doesn't look like 5m.
Issued:
44,646,616 common shares with a recorded capital stock value of $12,967,396 and
contributed surplus of $917,981 for a total combined value of $13,885,377.
Warrants:
• 875,000 exercisable at $0.58 in year 2, date of expiry December 13, 2006
• 1,592,500 exercisable at $0.75 for 2 years, date of expiry June 25, 2007
• 2,220,000 exercisable at $0.75 for 2 years, date of expiry July 16, 2007
• 2,009,000 exercisable at $0.40 for 18 months, date of expiry December 22, 2007
• 215,810 exercisable at $0.50 for 1 year, date of expiry June 22, 2007
• 515,000 exercisable at $0.40 for 18 months, date of expiry January 7, 2008
• 21,000 exercisable at $0.50 for 1 year, date of expiry July 7, 2007
7,548,310 total
Stock options:
Number Exercise Price Date of Expiry
• 1,605,000 $0.30 November 21, 2008
• 950,000 $0.52 February 18, 2010
• 100,000 $0.54 April 15, 2010
• 300,000 $0.25 December 21, 2010
• 200,000 $0.25 June 28, 2011
3,155,000 total
fully diluted
44,646,616
7,548,310
3,155,000
55,349,926 + options granted Sept 1 for 1,125,000 = 56,474,926
10,287,951 shares are held by insiders |
