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The following table sets out the share capitalization of Metropolitan Mining Inc. as of September 30, 2009. The table should be read in conjunction with and is qualified in its entirety by reference to the Audited Financial Statements.
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METROPOLITAN MINING – TSX.V: MNZ
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No. of Common Shares |
Percentage of Issued & Outstanding (@ Sept. 30, 2009) |
Owned by Management & Directors (3,888,000 subject to Escrow Release): |
6,300,001 |
52.6% |
Issued as Seed Capital @ $0.20: |
2,497,000 |
20.8% |
Option Payment to Argentine Frontier: |
200,000 |
1.6% |
Issued on IPO – First Canada Capital Partners Inc. (FCCP), Agent: |
3,000,000 |
25.0% |
Metropolitan, Issued & Outstanding – TSX.V Listing Date July 18, 2008: |
11,979,001 |
100% |
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Agent’s Warrants - FCCP |
300,000 |
Exercisable @ $0.30 until Jan. 15, 2010 |
Incentive Stock Options (7 People): |
1,800,000 |
60% vested; Balance vest over 1 year |
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Fully-Diluted Share Capitalization: |
14,079,001 |
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