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 Wed Jan 20, 2010
AS AT JANUARY 20, 2010

 AUTHORIZED - UNLIMITED

ISSUED AND OUTSTANDING - 60,877,415

Warrants

  Year 1 Year 2 and 3  
1,222,000 $ 0.15 $ 0.15 May 7, 2011 (1)
4,701,250 * $ 0.2 $ 0.2 June 4, 2011 (2)
1,374,750 $ 0.2 $ 0.2 July 2, 2011 (2)
2,755,000 $ 0.27 $ 0.27 July 8, 2011 (3)
45,000 $ 0.27 $ 0.27 July 17, 2011(3)
3,440,000 $ 0.05 $ 0.1 July 21, 2012 (4)
2,543,000 $ 0.05 $ 0.1 July 29, 2012 (4)
179,300 $ 0.05 $ 0.1 July 29, 2012 (4)
850,000 $ 0.05 $ 0.1 August 11, 2012 (4)
           
17,110,300          
           
* Includes 345,000 agent's warrants

NUMBER          
OF EXERCISE   EXPIRY  
OPTIONS PRICE   DATE  
           
250,000 $ 0.15   14-May-10  
1,300,000 $ 0.2   30-Jul-12  
1,550,000 $ 0.15   14-May-13  
           
3,100,000 $        
           
           
           
Fully diluted 81,087,715          

 
 
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