Share Structure

as of December 10, 2018

Shares Outstanding @ $0.20 & Market Capitalization42.2 Million8.4 Million
Estimated Working Capital$1.5 Million
Repriced Warrants @ $0.25 (exp. Jun. 08, 2020)*17,166,096$3,862,372
Agent Warrants @ $0.36 (exp. Jun. 08, 2020)552,595$198,934
Share Options @ $0.22 (average price)4,094,998$917,549
Fully Diluted Shares Outstanding & Potential Working Capital64.0 Million$6.5 Million

Accelerator Clause:

*These warrants are subject to an accelerator clause such that, in the event that the common shares of the Company trade at a closing price greater than $0.42 per share for a period of 10 consecutive days, then the Company may deliver a notice to the Warrant holders that they must exercise their Warrants within the next 30 days, or the Warrants will expire.

Subscribe to our Email List