Update: shares outstanding (fully diluted, 28 May, 2009)
posted on
Jun 08, 2009 01:42PM
If the last two PP´s (08 May / 28 May) are fully subscribed and all options and warrants are exercised, the issued and outstanding shares (fully diluted) will have been increased by a whopping 68% from 46,5 million to 78,5 million :
42.088.544 per 27.02.2009
+ 3.701.000 options
+ 700.600 warrants
= 46.490.144 fully diluted
+ 583.166 flow-through PP vom 08.05.09
+ 10.000.000 PP 28.05.09
+ 5.714.286 flow-through PP 28.05.09
+ 10.000.000 warrants PP 28.05.09
+ 2.857.143 flow-through warrants PP 28.05.09
+ 1.257.143 Finders fee warrants PP 28.05.09
====================================...
= 78.501.882 fully diluted (= +68,9%)
BUT, if all options and warrants are going to be exercised, this will mean additional $ 10.872.797 in the kitty (and Waterbury Lake fully funded by KEPCO)!