besides any brokered warrants the options reining at 10 and 12 are likely reasons for recent pps fall even though weighted avg options or warrants is ca 25c


Share capital and reserves (continued)
(b) Stock options (continued)
As at March 31, 2018, the number of stock options outstanding and exercisable was:
Outstanding Exercisable
Number remaining Number remaining
of Exercise contractual of Exercise contractual
Expiry date options price life (years) options price life (years)
$ $
December 19, 2018 1,110,000 0.12 0.72 1,110,000 0.12 0.72
November 18, 2020 1,447,500 0.10 2.64 1,020,000 0.10 2.64
July 11, 2021 800,000 0.24 3.28 400,000 0.24 3.28
August 30, 2021 400,000 0.24 3.42 200,000 0.24 3.42
November 28, 2021 3,910,000 0.25 3.67 1,955,000 0.25 3.67
March 2, 2022 400,000 0.40 3.92 200,000 0.40 3.92
May 3, 2022 3,300,000 0.30 4.41 825,000 0.30 4.41
August 28, 2022 1,800,000 0.30 4.41 450,000 0.30 4.41
October 10, 2022 1,270,000 0.30 4.53 317,500 0.30 4.53
January 25, 2023 300,000 0.30 4.82 75,000 0.30 4.82
14,737,500 0.25 3.61 6,552,500 0.22 3.18
The Company uses the fair value method of accounting for all share-based payments to
directors, officers, employees and others providing s