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Below is a summary of the share structure consisting of warrants and options. The full financial report also includes this information.
 |   Wed Apr 11, 2007
Share Structure
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| | Authorized share capital: 50,000,000 ordinary shares.
Issued Share Capital: 42,015,097
July 31st, 2007: Issue of 250,000 shares for option exercise by Director
March 31, 2007: Exercise of 100,000 options by Martin Wood
February 28, 2007: 2,400,000 shares issued as a result of the warrant conversion
July 19th 2006: Issued Share Capital: 39,265,097
July 19th 2006: 1,808,272 shares issued at price of US$0.35 on conversion of debt
June 8th 2006: Issued Share Capital: 37,459,825
June 8th 2006, 1,500,000 shares issued at price of US$0.19 on exercise of management options
May 19, 2005: 4,800,000 shares issued in private placement with one-half of a warrant attached giving the subscriber the right to purchase additional shares for a one year period at 30 cents per share.
May 19, 2005: Issued Share Capital: 35,956,825
August 3, 2004: Issued Share capital: 31,156,825 shares.
August 3, 2004: 3,600,000 restricted shares issued in private placing with 3,600,000 warrants attached giving the subscriber the right to purchase additional shares for a one year period at 30 cents each.
December 31, 2003: Issued Share Capital: 27,556,825 ordinary shares
Options:
Options outstanding: 3,950,000
June 8, 2006: Philip J. Garratt has been awarded 2,500,000 options at 0.35 cents exercisable over five years.
June 8, 2006: Total Options Issued and Outstanding: 3,900,000
June 8, 2005: Cheryl L. Wilson has been awarded a further 250,000 options at 0.30 cents exercisable for a period of five years.
June 8, 2005: Martin Wood has been awarded 100,000 options at 0.30 cents exercisable for a period of two years. Exercised March 31, 2007
June 25, 2004: Philip J. Garratt has been awarded 1,500,000 options at 0.19 cents exercisable over two years. Exercised
August 3, 2004: Michael Brickell; has been awarded a further 150,000 options exercisable at 0.18 cents over five years.
August 3, 2004: Total Options Issued and Outstanding: 900,000 |
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