Share Structure
| Shares Outstanding: | 73.4 million |
| Stock Options: | 5.2 million |
| Warrants @ $2.30: | 1,000,000 |
| Broker Warrants @ $2.35: | 510,000 |
| Shares Fully Diluted: | 73.6 million |
| Shareholders (Non-diluted) | |
| Loncor Management: | 23% |
| Newmont Mining Corporation: | 20% |
| Cash on Hand(October 31, 2012): | US$13.3 Million |