11 Feb 2008 07:00
Bankers Petroleum Ltd. - Block Admission Return
CALGARY, Feb. 10 /CNW/ - The Company makes the following announcement with respect to the issuance of common shares, options, and warrants for the period from August 3rd, 2007 to February 10th, 2008.
COMMON SHARES ISSUED & OUTSTANDING ------------------------------------------------------------------------- Equity Equity Shares Shares Placement Placement Outstanding Outstanding Options Exercise Shares Shares 10th Feb 3rd Aug 2007 Exercised Warrants at $0.90 at $0.58 2008 ------------------------------------------------------------------------- 100,000 66,666,666 4,400,000 ------------------------------------------------------------------------- ------------------------------------------------------------------------- 448,109,492 100,000 0 66,666,666 4,400,000 519,276,158 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Stock Stock Options Options Stock Stock Stock Exercise Outstanding Outstanding Options Options Options Price 10th Feb 3rd Aug 2007 Exercised Granted Cancelled $/share 2008 ------------------------------------------------------------------------- 100,000 $0.22 ------------------------------------------------------------------------- 325,000 $0.52 ------------------------------------------------------------------------- 4,400,000 $0.58 ------------------------------------------------------------------------- 250,000 $0.83 ------------------------------------------------------------------------- 4,375,000 $0.90 ------------------------------------------------------------------------- 250,000 $0.75 ------------------------------------------------------------------------- 75,000 $0.64 ------------------------------------------------------------------------- 250,000 $0.52 ------------------------------------------------------------------------- 200,000 $1.39 ------------------------------------------------------------------------- ------------------------------------------------------------------------- 32,955,000 (100,000) 9,350,000 (775,000) 41,430,000 ------------------------------------------------------------------------- WARRANTS OUTSTANDING ------------------------------------------------------------------------- Warrants Warrants Outstanding Granted Granted Exercise Outstanding 3rd Aug 15th Nov 8th Feb Price 10th Feb 2007 Exercised 2007 2008 Cancelled $/share 2008 ------------------------------------------------------------------------- 4,400,000 $1.00 ------------------------------------------------------------------------- 722,188 $0.75 ------------------------------------------------------------------------- ------------------------------------------------------------------------- ------------------------------------------------------------------------- 33,201,264 4,400,000 722,188 38,323,452 -------------------------------------------------------------------------
The company currently has an issued share capital of 519,276,158 as at February 8, 2007. During the period, the Company issued 9,350,000 stock options.
Further to the above updated share, options and warrant information, Bankers refers to the following releases for changes in capitalization:
- 10-August-2006 Block Admission Return - 5-February-2007 Block Admission Return - 3-August-2007 Block Admission Return
Bankers will apply for the underlying shares for options and warrants from these returns of 63,859,497 to be admitted to AIM as part of the AIM Block Admission. Total current capitalization of the Company is: 519,276,158 common shares, 41,430,000 options and 38,323,452 warrants.
This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.
02/10/2008
For further information: Susan J. Soprovich, VP, Investor Relations & Corporate Governance, Tel: (403) 513-2681, Fax: (403) 228-9506, Email: ssoprovich(at)bankerspetroleum.com; AIM NOMAD: Canaccord Adams Limited, Ryan Gaffney, Adam Janikowski, +44 20 7050 6500 (BNK.)
BANKERS PETROLEUM LIMITED