 | 
 


| | June 11, 2008
|
| |
| Common Shares Issued |
40,030,340 |
| Warrants |
6,221,563 |
• Includes 1,878,499 wts @ $0.95 to Sep 6/08
• Includes 2,842,951 wts @ $0.95 to Sep 6/08
• Includes 25,000 wts @ $0.95 to Sep 6/08
• Includes 175,000 Agt's wts @ $0.80 to Feb 15/09
• Includes 8,750 Agt's wts @ $0.80 to Apr 11/09
• Includes 149,520 Agt's wts @ $0.60 to Dec 21/08
• Includes 321,000 wts @ $0.60 to Jan 23/09
• Includes 35,000 Agt's wts @ $0.60 to Jan 23/09
• Includes 785,843 Agt's wts @ $0.45 to Jun 6/09
| |
| Stock Options |
2,312,500 |
• Includes 1,962,500 @ $0.75 to Oct 11/11
• Includes 150,000 @ $0.92 to May 1/12
• Includes 200,000 @ $0.50 to Feb 8/13
| |
| Arrangement Options: |
607,238 |
• Includes 14,332 @ $0.60 to Oct 6/08
• Includes 33,333 @ $1.021 to Mar 30/09
• Includes 93,330 @ $0.944 to Aug 8/09
• Includes 50,000 @ $0.858 to Oct 18/09
• Includes 8,333 @ $0.858 to Jan 27/10
• Includes 42,083 @ $0.987 to Mar 22/10
• Includes 74,999 @ $0.729 to May 18/10
• Includes 268,328 @ $0.848 to April 11/11
• Includes 22,500 @ $1.02 to Jul 13/11
|
|
| FULLY DILUTED CAPITALIZATION |
49,171,641 |
|
| |
|  |