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Capital Structure

Shares Issued and Outstanding  59,769,933
Options 1,040,000 @ $.60 (Expiry 11/23/2026)
     200,000 @ $.60 (Expiry 11/10/2027)
Warrants   4,187,500 @ $.60 (Expiry 12/2/2027)
Shares Fully Diluted 65,197,433