Liberty Coal Energy Corp. | 2013 | FY | 3


A summary of changes in share purchase warrants is as follows:

 

                                                            Weighted Average

                                            Warrants         Exercise Price

                                            --------         --------------

Outstanding, September 30, 2009                     0

Granted - 2010                                133,333             $3.75

                                          -----------

Outstanding, September 30, 2010               133,333             3.75

Granted - 2011                                 44,444            11.25

                                          -----------

Outstanding, September 30, 2011               177,777             5.70

Granted - 2012                             16,673,028             1.05

Expired - 2012                               (133,333)            3.75

                                          -----------

Outstanding, September 30, 2012            16,717,472             1.05

Expired-2013                                  (44,444)           11.25

Canceled- 2013                            (16,673,028)            1.05

                                          -----------

 

Outstanding, September 30, 2013                     0

                                          ===========

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