Share Structure

Shares Outstanding:

  • 54,408,779

Options:

  • 175,000 Exercisable at $0.20 until December 4, 2017
  • 365,000 Exercisable at $0.15 until April 15, 2019
  • 2,300,000 Exercisable at $0.05 until December 28, 2020
  • 1,400,000 Exercisable at $0.10 until April 13, 2022

Warrants:

  • 2,326,665 Exercisable at $0.16 until May 17, 2018
  • 856,666 Exercisable at $0.16 until May 27, 2018
  • 3,860,000 Exercisable at $0.16 until September 21, 2018
  • 3,416,667 Exercisable at $0.16 until September 28, 2018
  • 2,593,667 Exercisable at $0.08 until October 27, 2018
  • 649,000 Exercisable at $0.08 until November 12, 2018
  • 5,840,000 Exercisable at $0.07 until February 29, 2019

Fully Diluted:

  • 78,191,444

Directors and Officers own 46% of the outstanding shares.

Should the 23,782,665 options and warrants be exercised, the Company will receive gross proceeds of $2,686,563.

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