A summary of changes in share purchase warrants is as follows:
Weighted Average
Warrants Exercise Price
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Outstanding, September 30, 2009 0
Granted - 2010 133,333 $3.75
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Outstanding, September 30, 2010 133,333 3.75
Granted - 2011 44,444 11.25
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Outstanding, September 30, 2011 177,777 5.70
Granted - 2012 16,673,028 1.05
Expired - 2012 (133,333) 3.75
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Outstanding, September 30, 2012 16,717,472 1.05
Expired-2013 (44,444) 11.25
Canceled- 2013 (16,673,028) 1.05
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Outstanding, September 30, 2013 0
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