I recently sent an e-mail to Metanor enquiring about the most recent share structure and this was the reply I received. It's funny how they used to brag about such a small OS and how they pride themselves on increased shareholder value with no dilution. Of course that was back in '08, before all the PP's and other dilutive arrangements over the last year and a half. All we can do is hope they can get to the 150-200k oz production by their own prediction of 2 to 2 1/2 years.
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Titles
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Number of outstanding titles on March 11, 2011
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Regular Shares
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201,686,865
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Warrants
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69,352,572
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Stock Options
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8,065,000
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During the following 2 months, a total of 18,494,936 Warrants will expired.
If you have other questions, do not hesitate to contact me.
Regards,
Diane Bournival
