No. of shares issued

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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kahanov

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No. of shares issued

posted on Apr 12, 2008 06:39PM

Prior to expiry of options, there were about 115 mm shares. There were 3.25 mm options (see Feb. 4 NR). If 80% were exercised (where did that no. come from?), there should now be 117.6 mm shares. If NOT is bought out in 2 years for $B4.3 like Voisey's Bay. the sp will be about $36. Comments? Watch stock quotes to see if the no. of shares is updated to reflect the exercised options.

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