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INVESTORS
CAPITAL STRUCTURE
December 31st, 2009
| Current shares outstanding: (TSX-V:GLW) | 143.0 million |
| Listed Warrants: (TSX:GLW.WT) | 26.0 million |
| Options | 2.6 million |
| Unlisted Warrents** | 36.4 million |
| Total Fully diluted | 208.0 million |
Balance Sheet
- US $102 million debt*
- US $87 Million cash†
Approximate shareholding (Basic)
- FNX Mining 26%
- Insiders 2%
- Other 72%
* As at December 31st 2009 and excludes C$50 million owed to FNX to be settled in shares
† As at December 31st 2009 and includes short term investments
** Includes 13,375,000 warrants on C$107M debt financing