Capitalization

Share Capital as of March 31, 2010


Number of shares issued and outstanding 333,314,920
Warrants 30,657,024
Options 23,755,067

387,727,011

Share Capital as of July 12, 2010


Number of shares issued and outstanding
425,948,422
Warrants 16,121,534
Options 24,909,401
Deferred share units 360,000

467,339,357

Debt as of July 12, 2010


Credit Facility
CDN $-
Lines of Credit 1,271,000
Convertible Debentures, 8%
41,500,000
Convertible Debentures, 12% 1,615,000