7th Dec 2010 18:05
Bankers Petroleum Ltd. - Block Admission Return
CALGARY, Dec. 7 /CNW/ - The Company makes the following announcement with respect to the issuance of common shares, options and warrants for the period from March 1, 2010 to August 31, 2010.
COMMON SHARES ISSUED & OUTSTANDING
Warrants Exercised (pursuant to the Shares 2009, 2010 and Prospectus Outstanding 2012 warrant Issue @$7.75 Shares Outstanding
March 1, 2010 Options Exercised issuances) Cdn Per Share August 31, 2010
230,184,667 646,052 10,600 12,903,228 243,744,547 OPTIONS OUTSTANDING Exercise Stock Options Stock Price $/ Stock Options Outstanding Options Stock Options Stock Options share Outstanding March 1, 2010 Exercised Granted Cancelled (Cdn.) August 31, 2010 14,900,834 480,000 9.12 90,111 2.37 307,334 3.03 50,000 3.87 7,778 1.68 24,998 6.26 9,166 5.10 16,666 3.60 101,666 1.05 38,335 6.26 2,500 1.05 29,001 1.83 26,666 1.83 11,667 1.47 43,332 5.10 85,000 7.02 100,000 6.80 TOTALS: 14,900,834 -646,052 +665,000 -113,168 14,806,614
Stock Options are issued in accordance with the Bankers Stock Option Plan.
WARRANTS OUTSTANDING Warrants Exercise Outstanding Price $/ Warrants Warrants Warrants Warrants share Outstanding March 1, 2010 Exercised Issued Cancelled (Cdn.) August 31, 2010 5,106,999 10,600 2.37 TOTALS: 5,106,999 - 10,600 Nil Nil 5,096,399
The above warrants are issued in accordance with the 2009, 2010 and 2012 warrant issuances.
On October 1, 2008 the Company applied to AIM for a blocklisting entitlement of 19,099,529 of common shares. As at August 31, 2010, 11,941,078 common shares are remaining under this blocklisting entitlement.
As at August 31, 2010, the total capitalization of the Company is 243,744,547 common shares, 14,806,614 options and 5,096,399 warrants.
This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.
For more information please contact:
Douglas Urch
Executive VP, Finance & Chief Financial Officer
(403) 513-2691(403) 228-9506 AIM NOMAD:Canaccord Genuity Limited
Ryan Gaffney/ Henry Fitzgerald-O'Connor
+44 20 7050 6500 AIM JOINT BROKERS:Canaccord Genuity Limited Tristone Capital Ltd.
Ryan Gaffney/ Henry Fitzgerald-O'Connor Nick Morgan
+44 20 7050 6500 +44 20 7355 5800 (BNK.)
vendorRelated Shares:
BNK.L