The offer of the Shortfall is a separate offer pursuant to this...

1. The offer of the Shortfall is a separate offer pursuant to this Prospectus. The issue price of any Options offered pursuant to the Shortfall Offer shall be $0.005 being the price at which the Entitlement has been offered to Qualifying Optionholders pursuant to this Prospectus. The Shortfall shall be placed at the discretion of the Company within three (3) months after the Closing Date. The Company reserves the right to grant to an applicant a lesser number of Shortfall Options than the number for which the applicant applies, or to reject an application, or to not proceed with placing the Shortfall.