Equity Financings

Date Shares Price Proceeds Notes
February 11, 2011 60,000,000 $1.00 $60,000,000 Common Shares
December 16, 2009 110,000,000 $1.00 $110,000,000 Subscription Receipt on a private placement basis. Each Subscription Receipt will, upon satisfaction of the escrow release conditions, entitle the holder thereof to receive one common share of the Company without further payment or action on the part of the holder.
August 15,2008 5,555,556 $0.90 $5,000,000 Common Shares
June 15, 2007 1,000,000 $5.00 $5,000,000 Under the name Bannockburn Resources the company raised $5 million via Private Placement. Net proceeds are being used towards the Company's working interest in the Mothae Diamond Project and general working capital purposes.