Outstanding Share Capital

Stornoway’s authorized capital is unlimited common shares without par value. As at July 16, 2008, there were 201,726,008 common shares issued and outstanding.

As at July 16, 2008, the following options are outstanding:

Number of Shares
  Average Exercise Price Year of Expiry
811800 $ 1.24 2008
2164896 $ 1.87 2009
808820 $ 1.38 2010
1542700 $ 1.16 2011
5787988 $ 1.12 2012
392455 $ 4.35 2013
263475 $ 1.08 2014
316650 $ 1.10 2015
12088784