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INVESTORS

CAPITAL STRUCTURE

September 3, 2009

 
Current shares outstanding: (TSX-V:GLW) 1,430 million
Listed Warrants: (TSX-V:GLW.WT) 260 million
Options 26 million
Unlisted Warrents** 301 million
Total Fully diluted 2,017 million

Balance Sheet

  • US $44 million debt*
  • US $77 Million cash† 

Approximate shareholding (Basic)
  • FNX Mining 26%
  • Insiders 2%
  • Other 72%

*Excludes C$50 million owed to FNX, to be settled in shares

As of June 30th 2009 and including short term investments

**Includes 71,250,000 warrants on C$57M debt financing