Baja Mining Corporation TSX-V:FGW
 
 
 
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SHARE STRUCTURE

As of April, 2008:

Issued and Outstanding:

142 million

Convertible Securities (including warrants* and options):             

41 million

Fully Diluted:

183 million

Management Ownership:

24%

*This includes warrants trading on the TSX which were issued in a private placement in April 2004. These warrants are exercisable at CDN $1.15 and expire April 19, 2009. Please note that the April 2004 warrants are the only warrants that trade publicly. They trade on the TSX under the symbol baj.wt. Warrants issued in subsequent placements, or otherwise, are not listed for trading on any Exchange.

Please note that the warrants originally expiring on April 13, 2008 have been extended a further 3 years (as per a news release dated August 25, 2006) and now expire on April 13, 2011. These warrants have a strike price of CAD$1.25.

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