| |
| Pre RTO shares |
|
|
4,300,000 |
| Property Vendors (Escrowed) |
|
|
12,000,000 |
| Brokered Placement |
$0.50 |
$669,750 |
1,399,500 |
| Non-Brokered Placement |
$0.50 |
$4,000,000 |
8,000,000 |
| Flow Through Placement |
$0.60 |
$2,000,000 |
3,333,333 |
| Agents Shares |
|
|
50,000 |
| Total Shares |
|
$6,699,750 |
29,082,833 |
| |
|
|
|
| Warrants ($1.00 until May, 2010) |
|
$7,049,625 |
9,399,500 |
| Warrants ($1.50 until May, 2010) |
|
$3,333,333 |
3,333,333 |
| Stock Options ($0.50/5 yrs) |
|
$1,150,000 |
2,300,000 |
| Fully Diluted Year 1 |
|
$18,232,708 |
44,115,666 |
|