I. Share Structure

Share Structure
.
Authorized shares:
Unlimited
Issued and outstanding
156,210,694
Stock Options
6,380,000
Warrants and other options
19,499,440
Fully diluted
182,090,134

II. Significant shareholders

The holders of more than 10% of the shares are listed in the table below:

Name
Shares
%
Compañía de Tierras Sud Argentino S.A.
42,709,743
27.3%
Directors & Officers
23,665,179
15.1%
TOTAL
66,374,922
42.5%