Annual Financials Filed on Sedar as of March 27th...for the year ended Nov30 /11..............
As previous poster noted . Cash at Nov30/11 was 15.5 mil(net worling capital 14.5 mil)
Add..Funds received since Nov 30th
Exercise of 935,000 stock options $ 224,400
Exercise of warrants-9,721,085 4,744,706
total funds rec'd $ 4,969,106. This adds another 5.0 mil
to the year end cash of 15.5 mil=20.5, less spent to date since Nov 30th.
Total shares outstanding as of March 2012 on TMX Site is 118,032,397. This agrees with the Companies latest financial statments
Shares issued at Nov30/11 was 107,376,312
Add options(935,000 and warrants 9.721,085)exercised 10,656,085(per above)
Total shares now issued (agrees with TMX site) 118,032,397
Total outstanding options and warrants currently outstanding after giving effect to the above
exercised shares is approx another 12 mil shares, giving us approx 130 mil shares on a diluted basis.
GLTA GCU Holders