EnWave Corporation
Notes to Financial Statements
September 30, 2010 and 2009
(Expressed in Canadian dollars)
Notes 8 of 15
6. Share capital (cont’d.)
(d) Stock options (cont’d.)
The Company has the following stock options as at September 30, 2010:
Options outstanding Options exercisable Exercise price Expiry date
50,000 50,000 $ 0.28 September 19, 2011
100,000 100,000 0.30 October 17, 2011
1,850,000 1,850,000 0.33 February 9, 2012
400,000 400,000 0.48 March 19, 2012
100,000 100,000 0.50 June 14, 2012
50,000 50,000 0.50 July 10, 2012
50,000 50,000 0.485 November 26, 2012
50,000 50,000 0.45 December 18, 2012
800,000 800,000 0.40 December 31, 2012
200,000 200,000 0.38 June 2, 2013
800,000 800,000 0.30 December 31, 2013
10,000 6,667 0.25 December 31, 2013
265,000 210,000 0.35 June 2, 2014
50,000 50,000 0.55 June 2, 2014
350,000 166,666 0.35 June 6, 2014
200,000 150,000 0.50 October 1, 2014
486,667 160,000 1.02 March 10, 2015
10,000 - 1.10 July 2, 2015
100,000 - 1.03 July 19, 2015
60,000 - 1.30 September 10, 2015
5,981,667 5,193,333 $ 0.44
As at September 30, 2010, the weighted average remaining contractual life of the
outstanding options was 2.23 years (2009 – 2.88 years).
Each stock option entitles the holder to acquire one share of the Company.
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