One huge hurtle for AGX
No one has talked about the really ugly share structure for AMADOR. It will take a substantial discovery to make this share structure work.
Lets hope Horwood has the goods.
As At July 23, 2007
Issued: 93,844,248
Warrants: 56,764,333
Options: 7,594,500
Properties: 3,925,000
Fully Diluted: 162,128,081
As at April 30, 2007, there were 7,954,500 (2006 – 4,544,000) options outstanding as follows:
Expiry date Exercise price Number of options
October 8, 2007 $0.10 255,000
December 18, 2007 (re-priced from $0.23) $0.20 85,000
March 2, 2008 (re-priced from $0.25) $0.20 248,000
June 16, 2008 (re-priced from $0.30) $0.20 50,000
January 5, 2009 (re-priced from $0.56) $0.20 430,000
July 28, 2010 $0.10 1,510,000
November 17, 2010 $0.10 1,331,000
February 2, 2011 $0.20 635,000
July 6, 2011 $0.15 1,440,000
November 3, 2011 $0.15 112,500
April 18, 2012 $0.12 1,858,000
Warrants
As at April 30, 2007, there were 47,697,833 (2006 – 25,605,688) warrants outstanding as
follows:
Expiry date Exercise price Number of warrants
June 3, 2007 $0.10 750,000
October 7, 2007 $0.10 11,715,000
January 17, 2008 $0.10 5,450,000
May 17, 2008 $0.20 13,467,833
December 27, 2008 $0.15 13,965,000
February 08, 2009 $0.15 2,350,000