 |  | 

|  |  | 

| Authorized Share Capital: |
Unlimited number of common shares without par value |
| Issued and Outstanding as at September 5, 2008: |
62,183,030 shares |
SUMMARY
Assuming all of the outstanding options and warrants are exercised, the fully diluted share position of the Company are as follows:
| Total Shares |
62,183,030 |
shares |
| Total Optioned Shares |
3,370,950 |
shares |
| |
| Fully Diluted Share Position |
65,553,980 |
shares |
|  |  |  |