"...1,950,000 common shares in its capital stock, at a price of $0.75 per share, exercisable on or before May 25, 2016..."

Looks like a last minute uploading to the top before the train leaves the station! The 10% limit is certainly reached to the very last drop with that 1.95 M shares options.... 75 cents is the last PP pricing... The one year only expiration date seems quite short, given the 4-month hold period... I don't want to be too optimistic, but, I find this post-assays/pre-Magpie going-public announcement, an excellent hint as to near-future things to come... which management seems to think that they may be good !!!

GLTA.

BaBe.