According to the larest info (may require update) that i have.at the time of
he's leaving Mr Hanson had 1.6 million options outstanding of which:
One mill. with exercise price of $0.62,expiration date of June29/2014 and
one third not vested (and likely lost).
100,000 with ex. price of $2.09 and good until Dec11/2014.
500,000 with ex. price of $0.88, expiration date of May5/2016 and 9% not
vested ( and likely lost too).
So Mr Hanson needs to see the shares of Noront at least double in price
in future before seeing any gain on he's options.
GLTA,
Fossil