RE: RE: RE: Nice article-Seeking Alpha-re NAVHe basis the NAV on full dilution (~166 mil) while Pinetree calculates the NAV at current outstanding shares (~135 mil).
Number of Warrants / Exercise Price / Expiry Date
5,000,000 / 15.00 / April 16, 2012
6,875,000 / 6.50 / October 23, 2012
8,638,650 / 3.50 / July 11, 2013 9,762
20,513,650 Total
Weighted avg: 7.31$
Options Outstanding / Options Exercisable / Exercise Price / Expiry Date
170,000 / 170,000 / 1.10 / November 16, 2010
100,000 / 100,000 / 1.62 / December 5, 2010
100,000 / 100,000 / 1.75 / January 2, 2011
34,340 / 34,340 / 3.99 / June 20, 2011
50,000 / 50,000 / 5.25 / October 15, 2011
100,000 / 100,000 / 9.74 / February 4, 2012
862,500 / 862,500 / 13.02 / April 26, 2012
50,000 / 50,000 / 9.50 / July 2, 2012
25,000 / 25,000 / 4.08 / September 3, 2012
2,497,000 / 2,497,000 / 5.45 / September 16, 2012
1,407,500 / 1,407,500 / 3.14 / April 10, 2013
1,475,000 / 1,228,080 / 1.29 / March 31, 2014
50,000 / 41,600 / 1.73 / June 29, 2014
2,444,600 / 1,637,266 / 1.46 / August 31, 2014
85,000 / 42,180 / 2.07 / November 30, 2014
265,000 / 44,100 / 1.83 / March 31, 2015
1,127,500 / 208,160 / 1.46 / May 31, 2015
250,000 / - / 1.41 / August 31, 2015
11,093,440 / 8,597,72 / - / Total
Weighted Avg: 4.22