UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Share Units | Â (1) | Â (1) | Common Shares | 31,427 | $ (1) | D | Â |
Common Share Options (Right to Buy) | Â (2) | 03/05/2015 | Common Shares | 19,988 | $ 0.81 (6) | D | Â |
Common Share Options (Right to Buy) | Â (2) | 01/28/2016 | Common Shares | 38,262 | $ 2.87 (6) | D | Â |
Common Share Options (Right to Buy) | Â (2) | 07/07/2016 | Common Shares | 100,000 | $ 1.57 (6) | D | Â |
Common Share Options (Right to Buy) | Â (2) | 09/09/2016 | Common Shares | 48,977 | $ 1.17 (6) | D | Â |
Common Share Options (Right to Buy) | Â (2) | 01/12/2017 | Common Shares | 67,479 | $ 0.91 (6) | D | Â |
Common Share Options (Right to Buy) | Â (3) | 12/07/2017 | Common Shares | 78,257 | $ 0.76 (6) | D | Â |
Common Share Options (Right to Buy) | Â (4) | 04/25/2018 | Common Shares | 34,257 | $ 0.77 (6) | D | Â |
Common Share Options (Right to Buy) | Â (5) | 12/27/2018 | Common Shares | 52,840 | $ 1.2 (6) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CASH JOHN 10758 W. CENTENNIAL ROAD SUITE 200 LITTLETON, CO 80127 |
 |  |  See remarks |  |
/s/ John Cash | 01/10/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each Restricted Share Unit ("RSU") entitles the holder to receive delivery of one common share upon satisfaction of the RSU vesting period. RSUs held by the reporting person will vest as follows: 8,435 on January 11, 2014, 9,782 on December 7, 2014, 6,605 on December 27, 2014 and 6,605 on December 27, 2015. At the Issuer's election, outstanding RSUs may be redeemed for cash. |
(2) | Fully vested and currently exercisable. |
(3) | Includes options to purchase 42,259 common shares that are vested and currently exercisable. Remaining options will vest as follows: 17,216 on January 22, 2014 and 18,782 on June 7, 2014. |
(4) | Includes options to purchase 10,962 common shares that are vested and currently exercisable. Remaining options will vest as follows: 7,537 on January 24, 2014, 7,536 on June 10, 2014 and 8,222 on October 24, 2014. |
(5) | Includes options to purchase 5,284 common shares that are vested and currently exercisable. Remaining options will vest as follows: 11,625 on May 13, 2014, 11,625 on September 27, 2014, 11,624 on February 11, 2015 and 12,682 on June 27, 2015. |
(6) | Prices are expressed in Canadian dollars. |
 Remarks: Exhibit List: Exhibit 24.1- Power of Attorney Title: Vice President of Regulatory Affairs, Exploration and Geology |