MONEY GOES FOR DRILLING COST,,,,,,Ecometals sells Atomaer interest for $900,000 (U.S.)
The company held a minority interest in Atomaer and the investment was seen as a non-core holding. The opportunity to sell allows the company to raise $1.70 (U.S.) without dilution of shareholders at current prices.
| The following table summarizes information about the stock options outstanding and exercisable at |
| December 31, 2008: |
| Number | Number | Exercise Price | Expiry Date |
| Outstanding | Exercisable | $ | |
| 278,000 | 278,000 | 1.00 | March 3, 2009 |
| 36,000 | 36,000 | 1.10 | April 12, 2009 |
| 213,000 | 213,000 | 3.25 | September 14, 2009 |
| 178,000 | 178,000 | 3.50 | November 21, 2009 |
| 22,000 | 22,000 | 3.50 | December 5, 2009 |
| 380,000 | 285,000 | 3.25 | March 12, 2010 |
| 140,000 | 140,000 | 3.25 | May 23, 2010 |
| 555,000 | 555,000 | 2.50 | July 28, 2010 |
| 270,000 | 270,000 | 2.50 | August 16, 2010 |
| 360,000 | 275,556 | 2.50 | October 5, 2010 |
| 2,760,000 | 1,533,333 | 2.50 | February 20, 2013 |
| 120,000 | 53,333 | 2.50 | April 2, 2011 |
| 600,000 | 266,667 | 2.50 | April 28, 2011 |
| 5,912,000 | 4,105,889 | | |
| See also Note 16. | | | |