Share structure Auditors: PriceWaterhouseCoopers LLP 250 Howe Street Suite 700 Vancouver, BC V6C 3S7 Outstanding Share Data: Authorized Capital: An unlimited number of Common Shares and an unlimited number of preferred shares issuable in series Issued and outstanding: 67,381,875 Common Shares as of July 19, 2010 Outstanding options and warrants as of July 19, 2010   Type of Security Number Exercise Price Expiry Date Stock Options 2,900,000 Cdn. $0.50 Feb 15, 2012 Stock Options 710,000 Cdn. $0.68 May 16, 2012 Stock Options 520,000 Cdn. $0.53 May 30, 2013 Stock Options 990,000 Cdn. $0.35 May 25, 2014 Stock Options 650,000 Cdn. $0.37 March 26, 2015 Stock Options 800,000 Cdn. $0.37 March 29, 2015 Stock Options 400,000 Cdn. $0.69 June 8, 2015 Warrants(1) 330,000 Cdn. $0.40 May 27, 2011 Warrants(2) 18,300 Cdn. $0.40 June 7, 2011 Warrants 3,457,500 Cdn. $0.60 Nov. 27, 2011 Warrants 590,000 Cdn. $0.60 Dec. 7, 2011 Warrants 200,000 Cdn. $0.50 Feb 15, 2012 Warrants 200,000 US. $0.80 Feb 17, 2012 Warrants 3,175,000 Cdn. $0.95 July 15, 2012 Warrants 381,000 Cdn. $0.63 July 19, 2011 Fully diluted share capital: 82,877,825 Common Shares as at July 19th, 2010

⁽¹⁾ Each broker warrant is convertible until May 27th, 2011 into one unit comprising one common share and one half of one share purchase warrant. Each whole share purchase warrant is exercisable to acquire one common share at a price of Cdn. $0.60 per share until November 27, 2011.

⁽²⁾ Each broker warrant is convertible until June 7, 2011 into one unit comprising one common share and one half of one share purchase warrant.  Each whole share purchase warrant is exercisable to acquire one common share at a price of Cdn. $0.60 per share until December 7, 2011.