4. Stock and Warrants

3 Months Ended

Aug. 31, 2012

Notes

4. Stock and Warrants

4.  STOCK AND WARRANTS

The following is a summary of stock and warrants during the quarter:

	SHARES	AMOUNT	WARRANTS	TOTAL
Balances 5/31/12	188,465,044	1,806,420	35,000	1,841,420
Shares sold for cash	2,300,000	287,500		287,500
Shares issued for mine	50,000	21,500		21,500
Shares for mine option	120,000	48,000		48,000
Shares for directors	300,000	120,000		120,000
Other shares for services	3,525,000	1,352,250		1,352,250
Warrants issued for services	-	-	1,004,550 (A)	1,004,550
Totals	194,760,044	3,635,670	1,039,550	4,675,220

(A)  During the three month period ended August 31, 2012, the Company issued 2,715,000 five year warrants exercisable at $ .40 to an investment banker.