Share Structure

November 30, 2009
Share Structure

Listed:	SQI - (TSX-Ven)
Authorized:	Unlimited
Shares I/O:	51.0M
Shares F/D:	73.5M
52 week Range:	$0.02 - $0.42
Options:	4,280,000 @ between $0.10 and $0.75
*Total Options*:	*4,280,000*
Warrants O/S:	1,500,000 @ $0.15 expiring August 31, 2010 5,765,000 @ $0.30 expiring October 6, 2010 2,500,000 @ $0.15 expiring September 26, 2011 1,073,750 @ $0.12 expiring September 16, 2011 6,875,000 @ $0.12 expiring September 16, 2011
Total Warrants:	*17,713,750*
Directors:	Randy C. Turner John A. McDonald Yale R. Simpson Mark J. Morabito Michael R. McPhie