 |
 |


| Capitalization: |
 |
(as at November 4, 2008) |
| Shares Outstanding |
 |
24,673,042 |
| Stock options |
 |
1,768,568 |
| Warrants |
 |
7,614,360 |
| Agent's Options |
|
889,070 |
----------------------------------------------------------------------------------------------------------- |
| Fully Diluted |
 |
34,945,040 |
|
|
 |
 |