Investors
(This information has not been subject to an independent audit)
Issued shares:
80,890,468 common shares issued as of January 20, 2012.
Stock options:
The Company has adopted an incentive stock option plan (the “Option Plan”) which provides that the Board of Directors of the Company may from time to time, in its discretion, and in accordance with TSX-V requirements, grant to directors, officers, employees and technical consultants to the Company, non-transferable options to purchase common shares, provided that the number of common shares reserved for issuance will not exceed 20% of the issued and outstanding common shares. Such options will be exercisable for a period of up to 5 years from the date of grant. Option vesting terms are decided by the Board of Directors at the time of grant.
The following incentive stock options were outstanding at 3 August 2012:
|
Number of Options |
Exercise Price |
Expiry Date |
|
1.065m |
$ 0.25 |
September 14, 2014 |
|
250,000 |
$ 0.20 |
September 14, 2014 |
|
600,000 |
$ 0.10 |
September 02, 2014 |
|
1,550,000 |
$ 0.10 |
October 28, 2014 |
|
130,000 |
$ 0.11 |
February 1, 2015 |
|
60,000 |
$ 0.11 |
March 1, 2015 |
|
300,000 |
$ 0.10 |
March 12, 2015 |
|
275,000 |
$ 0.10 |
March 15, 2015 |
|
50,000 |
$ 0.13 |
July 30, 2015 |
|
225,000 |
$ 0.275 |
October 8, 2015 |
|
1.55m |
$ 0.18 |
December 22, 2015 |
|
4.47m |
$ 0.10 |
September 19, 2016 |
Warrants:
The following warrants were outstanding as at 3 August 2012:
-
7 million warrants at an exercise price of $0.35 expiring on Jan 19, 2013, and at $0.50 until Jan 2014
-
2.05 million warrants at an exercise price of $0.15 expiring on Jun 12, 2013
-
1.75 million warrants at an exercise price of $0.35 expiring on Jun 15, 2013
