X0202 3 2005-12-13 0 0001262751 GRYPHON GOLD CORP GGN 0001343721 Ranta Donald E 390 UNION BOULEVARD SUITE 360 LAKEWOOD CO 80228 1 1 0 0 Vice President Common Shares 485000 D Common Shares 100000 I Held by Spouse Stock Option (Right to Buy) 0.75 2005-03-29 2010-03-29 Common 325000 D Warrants 0.9 2005-01-26 Common 30000 D Warrants 0.9 2005-01-26 Common 25000 I Held by Spouse Warrants 0.9 2005-04-01 Common 25000 I Held by Spouse Warrants terminate the earlier of two years from the date of issuance or 12 months from the date the shares are registered. /s/ Donald E. Ranta 2005-12-13