Schedule of Common Stock Purchase Warrants Issued and Outstanding |
Continuity
of the Company’s common stock purchase warrants issued and outstanding is as follows:
|
|
Warrants |
|
|
Weighted
average exercise price |
|
Outstanding
at year ended December 31, 2016 |
|
|
16,825,527 |
|
|
|
0.26 |
|
Granted |
|
|
19,896,670 |
|
|
|
0.19 |
|
Exercised |
|
|
(1,635,000 |
) |
|
|
0.07 |
|
Expired |
|
|
— |
|
|
|
— |
|
Outstanding
at year ended December 31, 2017 |
|
|
35,087,197 |
|
|
$ |
0.24 |
|
Granted |
|
|
24,829,666 |
|
|
|
0.11 |
|
Exercised |
|
|
(3,910,000 |
) |
|
|
0.09 |
|
Expired |
|
|
(4,940,000 |
) |
|
|
0.10 |
|
Outstanding
at quarter ended December 31, 2018 |
|
|
51,066,864 |
|
|
|
0.20 |
|
|
Schedule of Warrants Issuances During Period |
The
table below summarizes warrant issuances during the years ended December 31, 2018 and 2017:
|
|
Year
ended December
31,
|
|
|
|
2018 |
|
|
2017 |
|
Warrants
granted: |
|
|
|
|
|
|
|
|
Board
of directors and advisory board service |
|
|
7,750,000 |
|
|
|
3,207,500 |
|
Private
placements |
|
|
5,312,500 |
|
|
|
2,708,336 |
|
Pursuant
to termination agreements |
|
|
5,250,000 |
|
|
|
— |
|
Pursuant
to financing arrangements |
|
|
3,810,000 |
|
|
|
— |
|
Pursuant
to consulting agreements |
|
|
2,000,000 |
|
|
|
50,000 |
|
Pursuant
to acquisition of Bow Energy Ltd., a related party |
|
|
368,000 |
|
|
|
— |
|
Deferred
salary – CEO, CFO |
|
|
339,166 |
|
|
|
134,167 |
|
Conversion
of debt |
|
|
— |
|
|
|
10,400,000 |
|
Providing
bond related collateral |
|
|
— |
|
|
|
2,250,000 |
|
Performance
bonus – President |
|
|
— |
|
|
|
666,667 |
|
Rick
Wilber loan |
|
|
— |
|
|
|
480,000 |
|
Total |
|
|
24,829,666 |
|
|
|
19,896,670 |
|
|