RE: More Positive Insider AvtivityI'm not positive but my inital thought was that he exercised some of the warrants that came due Aug 22nd and with trade plus 3 business days that would put the settlement date to Aug 27th. Anyways by his purchase of those shares it added a little over $108K to NML's coffers. I'm sure he feels confident regarding the future
JMO
3. Warrants
At August 15, 2008, there were 4,816,774 common shares reserved for issuance pursuant to the
exercise of outstanding warrants (June 30, 2008 –4,829,274) as follows:
Number of Outstanding Warrants Exercise Price Expiry Date
4,000,000 $1.00 August 22, 2008
400,000 $0.75 December 12, 2008
416,774 $0.75 April 4, 2009
Regarding option below are what are outstanding but the batch next due to expire are still good till Dec 12th, 2008
Number of Outstanding Options Exercise Price Expiry Date
576,667 $0.10 December 12, 2008
1,688,267 $0.30 August 11, 2009
225,000 $0.36 September 13, 2009
200,000 $0.47 November 1, 2009
25,000 $0.52 September 27, 2010
865,000 $0.55 October 19, 2010
40,000 $0.76 April 6, 2011
1,500,000 $0.75 September 13, 2011
90,000 $0.75 November 2, 2011
375,000 $0.50 February 1, 2011
905,000 $0.75 August 2, 2012
250,000 $0.65 November 13, 2012
25,000 $0.73 November 19, 2012
1,500,000 $0.83 January 30, 2013
250,000 $1.44 March 25, 2013
100,000 $1.65 April 30, 2013
70,000 $1.75 June 1, 2013