RE:RE:RE:option exercise15. SUBSEQUENT EVENTS On September 22, 2016, the Company announces that is has granted incentive stock options under its stock option plan to employees and consultants for the purchase of 1,600,000 common shares of the Company at a price of $0.20 per share. On September 21, 2016, 225,000 options with expiry date on October 21, 2019 were exercised at price of $0.15 per share, 300,000 options with expiry date on June 26, 2025 were exercised at price of $0.16 per share, 450,000 options with expiry date on September 1, 2017 were exercised at price of $0.165 per share and 200,000 options with expiry date on September 21, 2018 were exercised at a price of $0.20 per share. 1,175,000 shares were issued as a result of the exercise. On September 1, 2016, 500,000 options with expiry date on July 15, 2016 were exercised at price of $0.2 per share, and 500,000 options with expiry date on January 16, 2017 were exercised at price of $0.15 per share. 1,000,000 shares were issued as a result of the exercise.