Share Structure

Galena Structure (as CPC)
4,000,000 shares issued
$300,000 in treasury

Minas Vallarta Structure
12,800,000 shares Issued
$1,380,000 in Treasury

Qualifying Transaction Financing - Canaccord
4,500,000 shares @ $0.95/share
(1/2 warrant @ $1.65 / share)
$2,000,000 short form offering

Norma Mines Acquisition
4,200,000 shares issued

Private Placement
1,500,000 @ $2.00 / share
(1/2 warrant @ 2.50 / share)

Current Galena Structure
27,273,879 shares issued and outstanding
$4,500,000+ in treasury
*As of June 10th, 2008