| Capital Structure - as of July 13, 2011 | ||
| Shares of common stock issued | 160,045,791 | |
| (of which, owned by Glencore) | 28,634,509 | |
| To be issued to Glencore (equity) | 5,000,000 | @ US$2.00 |
| Exchange of debentures | 7,053,445 | @ US$4.00 |
| Financing warrants | 7,410,000 | @ US$3.65 |
| Options | 12,225,000 | @ US$2.23 |
| Fully Diluted | 191,734,236 | |
| Additional cash/conversion of debt | $92 | million |
| Glencore Ownership | ||
| currently issued | 17.89 | % |
| partially diluted | 24.95 | % |