 | |
| |
| Date |
Shares |
Price |
Proceeds |
Notes |
| January 2011 |
5,000,000 |
$3.00 |
$15,000,000 |
Common Shares |
| May 2009 |
14,000,000 |
$0.25 |
$3,500,000 |
Common Shares |
| December 2008 |
5,000,000 |
$0.20 |
$1,000,000 |
Units - consist of 1 share and 1 share purchase warrant. Warrant exercise price: 25 cents in the first year; 30 cents in the second year. |
| November 2008 |
11,250,000 |
$0.20 |
$2,250,000 |
Units - consist of 1 share and 1 share purchase warrant.
Warrant exercise price: 25 cents in the first year; 30 cents in the second year. |
| February 2008 |
15,500,000 |
$1.30 |
$20,150,000 |
Common Shares |
| December 2006 |
11,000,000 |
$1.20 |
$13,200,000 |
|
| October, 2006 |
2,000,000 |
$0.90 |
$1,800,000 |
|
| April, 2006 |
766,776 |
$1.97 |
US$1,300,000 |
Phelps Dodge Exploration Corporation Year 2 private placement - US$1.3 million at market price plus 50% ($1.97) |
| January, 2006 |
4,000,000 |
$1.25 |
| |
| May, 2005 |
4,000,000 |
$0.60 |
$2,400,000 |
|
| May, 2005 |
2,566,575 |
$0.80 |
US$1,700,000 |
Phelps Dodge Exploration Corporation will invest US$3.0 million by way of private placement over two (2) years into Fortress (US$1.7 million in Year 1 and US$1.3 million in Year 2) at Cdn$0.80 per share in Year 1 and at market price plus 50% in Year 2. |
| April, 2005 |
6,720,000 |
$0.25 |
$1,680,000 |
The Company elected to accelerate the expiration of its share purchase warrants to April 29, 2005 as announced in the news release dated March 21, 2005 |
| |
