VolitionRx Ltd Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Warrants and Options (Tables)

Warrants and Options (Tables)

9 Months Ended

Sep. 30, 2017

Summarizes changes in warrants and options outstanding

The following table summarizes the changes in warrants outstanding of the Company during the nine-month period ended September 30, 2017:

	Number of Warrants			Weighted Average Exercise Price ($)
Outstanding at December 31, 2016		2,162,638			2.40
Granted		-			-
Exercised		(392,651	)		(2.38	)
Expired		(38,307	)		(2.40	)
Outstanding at September 30, 2017		1,731,680			2.36

Exercisable at September 30, 2017		1,606,680			2.35

Summarizes warrants and options issued and outstanding

Below is a table summarizing the warrants issued and outstanding as of September 30, 2017, which have a weighted average exercise price of $2.36 per share and an aggregate weighted average remaining contractual life of 1.55 years.

Date Issued	Number Outstanding		Number Exercisable		Exercise Price ($)		Contractual Life (Years)		Weighted Average Remaining Contractual Life (Years)		Expiration Date	Proceeds to Company if Exercised ($)
03/20/13		125,000		-		2.47	8.0 to 9.0			0.26	06/30/20 to 12/31/21		308,750
03/20/13		25,000		25,000		2.47		7.5		0.06	09/18/20		61,750
06/10/13		29,750		29,750		2.00		5.0		0.01	06/10/18		59,500
11/25/13		456,063		456,063		2.40		5.0		0.30	11/25/18		1,094,551
12/31/13		64,392		64,392		2.40		5.0		0.05	12/31/18		154,541
02/26/14		948,475		948,475		2.20		5.0		0.77	02/26/19		2,086,645
09/26/14		24,000		24,000		3.00		3.0		0.01	09/26/18		72,000
11/17/14		19,000		19,000		3.75		3.0		0.01	11/17/18		71,250
11/14/16		40,000		40,000		4.53		4.0		0.07	11/14/20		181,200
		1,731,680		1,606,680						1.55		$	4,090,187

Option [Member]

Summarizes changes in warrants and options outstanding

The following table summarizes the changes in options outstanding of the Company during the nine-month period ended September 30, 2017:

	Number of Options			Weighted Average Exercise Price ($)
Outstanding at December 31, 2016		2,384,300			3.75
Granted		871,000			4.99
Exercised		-			-
Expired		(211,000	)		(4.05	)
Outstanding at September 30, 2017		3,044,300			4.08

Exercisable at September 30, 2017		2,173,300			3.72

Summarizes warrants and options issued and outstanding

Below is a table summarizing the options issued and outstanding as of September 30, 2017, all of which were issued pursuant to the 2011 Equity Incentive Plan (for option issuances prior to 2016) or the 2015 Plan (for option issuances commencing in 2016) and which have a weighted average exercise price of $4.08 per share and an aggregate weighted average remaining contractual life of 3.56 years.

Date Issued	Number Outstanding		Number Exercisable		Exercise Price ($)		Contractual Life (Years)		Weighted Average Remaining Contractual Life (Years)		Expiration Date	Proceeds to Company if Exercised ($)
11/25/11		303,000		303,000		4.00-5.00		6.0-7.0		0.06	11/25/17-11/25/18		1,414,000
09/01/12		10,000		10,000		6.31		6.0		0.00	03/01/18-09/01/18		63,100
03/20/13		37,000		37,000		2.35-4.35		6.5-9.0		0.04	09/20/19-03/20/22		123,950
09/02/13		16,300		16,300		2.35-4.35		6.5-9.0		0.02	03/02/20-09/02/22		54,605
05/16/14		25,000		25,000		3.00-5.00		3.5-6.0		0.01	11/16/17-05/16/20		100,000
08/18/14		645,000		645,000		2.50 and 3.00		4.5 and 5.5		0.40	02/18/19-02/18/20		1,773,750
05/18/15		20,000		20,000		3.80		4.5		0.01	11/18/19		76,000
07/23/15		317,000		317,000		4.00		4.5		0.25	01/23/20		1,268,000
04/15/16		775,000		775,000		4.00		6.0		1.16	04/15/22		3,100,000
06/23/16		15,000		15,000		4.00		6.0		0.02	06/23/22		60,000
11/11/16		10,000		10,000		5.00		6.0		0.02	11/11/22		50,000
01/01/17		50,000		-		4.80		6.0		0.09	01/01/23		240,000
02/13/17		25,000		-		5.00		6.0		0.04	02/13/23		125,000
03/30/17		686,000		-		5.00		6.0		1.24	03/30/23		3,430,000
04/10/17		100,000		-		5.00		6.0		0.18	04/10/23		500,000
07/13/17		10,000		-		5.00		6.00		0.02	07/13/23		50,000
		3,044,300		2,173,300						3.56			12,428,405

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details