GLH : the wts are at various prices, from 0.025 [yes, two and a half cents, 2353k of them] up to a very few at 5.00 ... most appear to be at .50 and 1.00, but 6570k are at .20 ... plus those two and a half centers, lol
Nowhere is there a clear comprehensive layout of share structure, giving all relevant data such as exercise price and expiry ... which in a minerals junior is a black mark right off, i figure, it's like they're playing smoke and mirrors ...
Somewhere there is a paragraph on Buba Ltd, d/b/a of an individual name of Jack Schwebel, who is described as a 'promoter' ... so i thought, hey no kidding, lol ... he has over 3m shs, five per cent of issued, just guessing i'd expect them to be two-centers
No question it's all promotion at this point,
Category of Option holder Designation and
Number of Securities
under Option
Purchase
Price of
Securities
under Option
Other
Particulars
(a) all executive officers and past
executive officers of the Issuer as a
group and all directors and past
directors of the Issuer who are not also
executive officers as a group
200,000 Options(1)
400,000 Options(1)
CAD$0.20
US$1.00
Vesting over
three years
1,500,000 Warrants(2)
1,000,000 Warrants(1)
742,367 Warrants(1)
1,500,000 Warrants(1
4,600,000 Warrants(1)
CAD$0.025
CAD$0.20
CAD$0.50
US$0.50
US$1.00
Vesting over
three years
(b) all executive officers and past
executive officers of all subsidiaries of
the Issuer as a group and all directors
and past directors of those subsidiaries
who are not also executive officers of
the subsidiary as a group, excluding
individuals referred to in (a) above
450,000 Options(1)
1,850,000 Options(1)
CAD$0.20
US$1.00
Vesting over
three years
853,000 Warrants(2)
2,250,000 Warrants(2)
312,500 Warrants(2)
700,000 Warrants(2
CAD$0.025
CAD$0.20
CAD$0.50
US$1.00
Vesting over
three years
(c) all other employees and past
employees of the Issuer as a group
N/A N/A N/A
FORM 2A – LISTING STATEMENT
October 8, 2015
PAGE 34
Category of Option holder Designation and
Number of Securities
under Option
Purchase
Price of
Securities
under Option
Other
Particulars
(d) all other employees and past
employees of subsidiaries of the Issuer
as a group
1,825,000 Options(1)
770,000 Options(1)
CAD$0.20
US$1.00
Vesting over
three years
26,000 Warrants(2) US$1.00 Three year
exercise
(e) all consultants of the Issuer as a
group
N/A NA NA
2,897,625 Warrants(2)
672,400 Warrants(2)
2,092,840 Warrants(2)
200,000 Warrants(2)
100,000 Options(2)
CAD$0.20
CAD$0.50
US$1.00
US$5.00
US$1.00
Three year
exercise
(1) These Issuer Options were granted pursuant to the terms of the Merger Agreement in exchange for [previously issued GLH Options.
(2) These are GLH Warrants that, in accordance with their terms, are automatically exercisable for Issuer Shares following the completion of
the Transaction on identical terms mutatis mutandi. in accordance with their terms.
AI
