CAPITAL STRUCTURE
Effective February 1, 2010
Shares
| Common Shares Outstanding |
64,432,706 |
All shares admitted to AIM and to TSXV |
| Shares held in Treasury |
None |
|
| AIM Securities "not in public hands" (AIM Rules) |
0.20 % |
|
| Convertible Notes / Warrants |
None |
|
| Restrictions on the transfer of AIM securities |
None |
|
| Stock Options |
4,540,315 |
Convertible at an average price of $C 2.33 per share |
| Fully Diluted |
68,973,021 |
|
Employee Stock Options
The following table summarizes information about the stock options outstanding at Nov 30, 2009:
| Outstanding |
Exercisable |
| Options 000s |
Range of
option price CDN$ |
Weighted
average Exercise Price CDN $ |
Weighted average remaining contractual
life in years |
Options 000s |
Weighted
average
Exercise Price
CDN $ |
| 1,636 |
0.00-3.00 |
0.60 |
4.37 |
804 |
0.60 |
| 1,462 |
3.01-4.00 |
3.58 |
2.44 |
1,165 |
3.63 |
| 433 |
4.01-5.50 |
4.67 |
0.95 |
433 |
4.67 |
| Total 3,531 |
|
2.33 |
3.15 |
Total 2,402 |
2.81 |
|