| The following table summarizes the continuity of the Company’s share purchase warrants: |
| |
Number of
Warrants |
Weighted Average Exercise Price |
| |
|
|
|
| Balance, February 28, 2011 |
25,826,733 |
$ |
0.41 |
| Issued |
19,060,000 |
|
0.30 |
| Cancelled/expired |
(12,875,000) |
|
0.30 |
| Exercised |
- |
|
- |
| |
|
|
|
| Balance, February 29, 2012 |
32,011,733 |
$ |
0.35 |
| |
|
|
|
| Issued |
1,600,000 |
|
0.25 |
| Cancelled/expired |
(1,632,109) |
|
0.58 |
| Exercised |
- |
|
- |
| |
|
|
|
| August 31, 2012 |
31,979,624 |
$ |
0.34 |
| |
|
|
|
|
| As at August 31, 2012, the following share purchase warrants were outstanding: |
| Number of Warrants |
Exercise Price |
|
Expiry Date |
| |
$ |
|
|
| 300,000 |
0.20 |
|
May 22, 2014 |
| 1,000,000 |
0.25 |
|
April 30, 2022 |
| 3,000,000 |
0.25 |
|
July 26, 2020 |
| 300,000 |
0.25 |
|
August 22, 2021 |
| 200,000 |
0.25 |
|
September 6, 2013 |
| 300,000 |
0.30 |
|
May 15, 2014 |
| 500,000 |
0.30 |
|
December 31, 2012 |
| 3,325,000 |
0.30 |
|
March 17, 2013 |
| 1,735,000 |
0.30 |
|
April 13, 2013 |
| 500,000 |
0.30 |
|
April 29, 2021 |
| 1,500,000 |
0.30 |
|
June 2, 2013 |
| 500,000 |
0.30 |
|
July 21, 2013 |
| 4,400,000 |
0.30 |
|
December 30, 2013 |
| 5,000,000 |
0.30 |
|
December 29, 2016 |
| 500,000 |
0.30 |
|
February 20, 2014 |
| 100,000 |
0.30 |
|
February 28, 2014 |
| 500,000 |
0.30 |
|
February 15, 2022 |
| 5,000,000 |
0.30 |
|
December 24, 2020 |
| 1,666,667 |
0.50 |
|
November 5, 2012 |
| 200,000 |
0.65 |
|
September 30, 2012 |
| 1,052,957 |
0.75 |
|
September 2012 to October 2012 |
| 200,000 |
1.30 |
|
September 30, 2012 |
| 200,000 |
2.00 |
|
September 30, 2012 |
| 31,979,624 |
|
|
|
|