Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Options exercised
3
Feb 11, 2011 10:07AM
2
Feb 11, 2011 01:24PM

Normally, yes. In the case of options being exercised, though, you will see for example a -30,000 options in red and then a +30,000 Common shares in green. This is simply to signify the fact that 30,000 options became 30,000 common shares.

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Feb 07/11 Feb 04/11 Dubuc, Gilles Direct Ownership Common Shares 51 - Exercise of options 30,000 $0.500
Feb 07/11 Feb 04/11 Dubuc, Gilles Direct Ownership Options 51 - Exercise of options -30,000 $0.500
3
Feb 11, 2011 02:07PM
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