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Share Capital


Shares o/s Market Cap¹
Total basic 79,124,833 $28.5M
Stock options 4,993,000  
Fully diluted 84,117,833 $30.3M
Share distribution (basic)    
Southwestern Resources 48.2%  
Public float 51.8%  
  • C$7.5 million in cash as of March 2008
  • Southwestern shares subject to escrow agreement – 50% currently released with 25% released in November 2007 and 25% in March 2008
  • 34 million of Southwestern’s shares are also subject to a lock-up agreement extending to November 2008

(1) Based on closing price of $0.36/sh on March 25, 2008