Share
Structure
| Unlimited common shares with no par value |
|
Dated: May 1, 2008 |
| Common Shares |
|
|
| May 1, 2008 |
24,004,829 |
|
| Total |
|
24,004,829 |
| Stock Options: 10% Rolling Plan |
|
|
| |
Granted |
Outstanding |
| $0.25 per share expiring October 20, 2010 |
600,000 |
200,000 |
| $0.40 per share expiring May 23, 2011 |
300,000 |
200,000 |
| $0.40 per share expiring September 14, 2011 |
500,000 |
500,000 |
| $0.16 per share expiring February 25, 2013 |
650,000 |
650,000 |
| $0.40 per share expiring April 1, 2013 |
110,000 |
110,000 |
| Total Options |
|
1,660,000 |
| |
|
|
| |
10% of Shares O/S |
Available for Grant |
| |
2,400,483 |
740,483 |
| Purchase Warrants |
|
|
| $0.65 per share expiring September 5, 2008 |
2,136,500 |
|
| $0.25 in Year 1, Year 2 $0.30 February 2010 |
2,088,550 |
4,225,050 |
| $0.25 in Year 1, Year 2 $0.30 April 2010 |
6,026,250 |
10,251,300 |
| Total Warrants |
|
10,251,300 |
|
