I dont know where they {EAG] got to be worth 138% increase
11. SHARE CAPITAL Common Shares On January 21, 2015, the Company consolidated its issued and outstanding common shares such that every 20 existing shares have been consolidated into one new share. The Company’s stock options and warrants have also been adjusted to account for the consolidation in accordance with the terms and conditions of such options and warrants (the “Consolidation”). Prior to the Consolidation, the Company had 476,875,399 common shares, 144,013,847 warrants and 21,822,500 stock options issued and outstanding. Subsequent to the Consolidation, the Company had 23,843,764 common shares, 7,200,692 warrants and 1,091,125 stock options issued and outstanding. All comparative references to the number of shares, stock options, warrants, weighted average number of common shares and loss per share have been restated for the Consolidation. The authorized share capital comprises an unlimited number of common shares with no par value. The following is a summary of changes in share capital: Number of Issue Price Share Capital Shares $ $ Balance – October 31, 2013 18,697,317 ‐ 34,867,540 Private placement of shares – flow‐through 909,090 2.20 2,000,000 Shares issued for exploration and evaluation assets 950,000 1.60 1,520,000 Shares issued for exploration and evaluation assets 166,666 1.00 166,667 Private placement of units – flow‐through 375,940 2.66 1,000,000 Fair value of warrants in units issued – flow‐through ‐ ‐ (198,041) Private placement of units 2,744,751 1.00 2,744,753 Fair value of warrants in units issued ‐ ‐ (1,225,504) Liability to renounce exploration expenditures ‐ ‐ (896,290) Less share issue costs ‐ ‐ (225,272) Deferred income tax related to share issue costs ‐ ‐ 794,987 Balance – October 31, 2014 and January 31, 2015 23,843,764 40,548,840