LUCAS ENERGY, INC. | 2013 | FY | 3


The following summarizes Lucas’ warrant activity for each of the two years ended March 31, 2013:
 
   
2013
   
2012
 
         
Weighted
         
Weighted
 
         
Average
         
Average
 
   
Number of
   
Exercise
   
Number of
   
Exercise
 
   
Warrants
   
Price
   
Warrants
   
Price
 
 Outstanding at Beginning of Year
    2,966,136     $ 2.67       5,476,642     $ 2.67  
 Issued
    1,345,001       2.30       -       -  
 Expired
    (5,000 )     1.00       -       -  
 Exercised
    (412,501 )     1.00       (2,510,506 )     2.51  
 Outstanding at End of Year
    3,893,636     $ 2.65       2,966,136     $ 2.67  

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