Here's my calcs on the dilution %, for both issued/outstanding share counts and Fully Diluted (includes all stock options & warrants). These numbers include the Maxim financing and assumes the Canadian financing will issue 5.1 million units.
Pre-Financing Outstanding Shares |
40,702,045 |
Pre-financing FD Diluted Shares |
48,558,252 |
Shares issued in US/Canada financing |
6,886,000 |
Post financing Outstanding Shares |
47,588,045 |
Post-financing FD shares |
62,330,252 |
Dilution based on Original Issued count - Issued |
17% |
Dilution based on Original FD count - Fully Diluted |
28% |