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Bullboard - Stock Discussion Forum Encore Renaissance Resources Corp V.EZ

TSXV:EZ - Post Discussion

Encore Renaissance Resources Corp > Shares... with bad formatting.
View:
Post by Synchronous on Oct 14, 2009 2:29pm

Shares... with bad formatting.

Roughly 36million warrents at 0.05.
Assuming they vest them this year. otherwise 0.10

and call it roughly another 20mil at 0.10

Should provide some cash for continuing operations.


Note this is included in the 112million share total that you see on the snapshot.

CAPITAL STOCK

a. Authorized – unlimited common shares without par value:

b. Issued and outstanding:

Number of

Shares

Amount

Balance, October 31, 2007 120,888,498 $ 17,021,354

Private placement at $1.5 per unit (ix) 2,500,000 375,000

Issued for mineral property – Dolly (MinQuest & Cardigan) (note 5 (e)) (x) 1,500,000 195,000

Issued for mineral property – Victoria mine (note 5 (f)) (xi) 1,500,000 165,000

Share consolidation, April 14, 2008 (113,749,649)

Exercise of warrants at $1.00 per share 4,800 4,800

Exercise of warrants at $1.2 per share 4,800 5,760

Issued for mineral property – Victoria mine (note 5 (f)) (xii) 100,000 110,000

Private placement at $0.2 per unit (xiii) 8,650,000 1,730,000

Less: Share issue costs (2,500)

Less: Finders' fees (81,070)

Balance, October 31, 2008 21,398,449 $ 19,523,344

Private placement at $0.03 per unit (i) 9,915,996 297,480

Private placement at $0.03 per unit (ii) 27,538,922 826,168

Exercise of options at $0.10 per share (iii) 1,875,805 187,581

Escrow Cancellation 5 (c) (7,500)

Private placement at $0.05 per unit (iv) 28,990,000 1,449,500

Private placement at $0.10 per unit (v) 10,000,000 1,000,000

Exercise of warrants at $0.10 per share (vi) 5,400,000 540,000

Exercise of warrants at $0.05 per share (vii) 2,132,998 106,650

Issued for mineral property – Bonaparte (note 5 (h)) (viii) 5,000,000 350,000

Contributed surplus on options exercised 1,455,861

Less: Share issue costs (28,228)

Less: Finders' fees (221,498)

Balance, July 31, 2009 112,244,670 $ 25,486,857

Comment by Thovarain on Oct 14, 2009 4:18pm
Synchronous, There are almost certainly NO .05 warrants left. There are SOME .05 shares but probably very few at this point most having being shorted already. Read below.The coming (and gone) dates for exercise of share and warrants are as follows:Sept 2210 million shares at .105 million warrants at .15Oct 2728.99 million shares at 5 cents (as I said above much of which I believe has already been ...more