Pg 5 shows Cash & Equiv's of $13.0 million at 01/05/12

. . . and note the fine print footnote:

"Source: Company financials. Data as of 01/05/12.
(1) If all outstanding options and warrants were exercised, the Company would receive ~$26.0M in proceeds."

It would be great if all of those options and warrants were in the money. Some of them are currently in the money and perhaps we can hope for the rest to be there soon.

Sorry about the formatting - tried to copy and paste from the 2011-Q3 Report

9. CAPITAL STOCK AND CONTRIBUTED SURPLUS (cont’d…)
Stock options outstanding at August 31, 2011 are as follows:
Number
Of Options
Exercise
Price
Expiry Date
515,000 $ 0.31 October 5, 2011(subsequently exercised)
100,000 0.25 October 23, 2011
40,000 0.24 December 3, 2011
985,000 0.24 February 26, 2012
40,000 0.45 August 31, 2012
1,500,000 1.00 October 12, 2012
140,000 2.28 December 20, 2012
75,000 2.45 February 2, 2013
125,000 2.76 March 16, 2013
3,300,000 3.50 April 18, 2013
6,820,000

Warrants
Warrants outstanding at August 31, 2011 are as follows:
Number
of Warrants
Exercise
Price
Expiry Date
1,000,000 $ 0.40 September 29, 2011 (subsequently exercised)
7,142,858 0.35 January 25, 2012
114,285 0.265 January 25, 2012
1,714,285 0.35 February 8, 2012
2,875,002 0.42 June 17, 2012
3,420,910 0.65 September 23, 2012
114,334 0.45 September 23, 2012
3,135,000 1.25 October 29, 2012
180,600 3.22 November 11, 2012
19,697,274