Capital Structure
Shares in Issue: 279,153,606
Warrants: 7,500,000 @ US1.20 expiring on 23/12/2008
1,250,000 @ £0.40 expiring on 30/09/2009
71,888,240 @ CDN$1.20 expiring on 11/04/2010
2,000,000 @ CDN$1.00 expiring on 30/11/2010
38,525,000 @ CDN$1.55 expiring on 21/03/2011
8,602,150 @ US$0.93 expiring on 17/10/2011
Total Warrants: 129,765,390
Agents compensation options and warrants: 4,976,016 Expiry dates vary between 11/10/06 and 02/09/07 at strike prices of £0.33 and between Cdn$0.75 - 1.05
Stock Options: 20,815,000 Expiry dates vary between 30/09/06 and 12/11/09 at strike prices of between US$0.37 - 0.86 and between Cdn$0.68 - 1.74
Fully Diluted: 434,710,012