September 30, 2013 | September 30, 2012 | |||||||||||||||
Warrants |
Weighted average exercise price |
Warrants |
Weighted average exercise price |
|||||||||||||
Outstanding at the beginning of the period | 962,500 | $ | 0.069 | - | $ | - | ||||||||||
Granted | 237,500 | 0.024 | 962,500 | $ | 0.069 | |||||||||||
Exercised | - | - | - | |||||||||||||
Cancelled | - | - | $ | - | ||||||||||||
Outstanding at the end of the period | 1,200,000 | $ | 0.060 | 962,500 | $ | 0.069 | ||||||||||
Vested and exercisable at the end of period | 1,200,000 | 962,500 | ||||||||||||||
Weighted average fair value per share of warrants granted during the period | $ | 0.060 | $ | 0.069 |