Pexels Michael Steinberg 369273

Capital Structure

Share Ownership

Institutional15%
Retail70%
Management, Friends & Family15%
Total100%

Capital Structure

Shares Outstanding325,682,864
Options, Warrants, RSU’s23,017,479
CashUS$25.0M
Supplemental LiquidityUS$40M ($25M ATM,
$15M credit facility
and gold pre-payment
facility)
BorrowingsUS$ 1.3M

At the three month period ending August 31, 2025 (Q4 2025).