December 2020
| Shares Outstanding | 89,917,175 |
| Fully Diluted | 130,074,885 |
| Cash (as of December 31, 2020) | $3.4M |
| Debt | None |
| Top Shareholders (partially diluted) | 29% Tectonic Team
16.5% Doyon Limited 35% Various Resource Focused Funds |
| Most Recent Financings | 2020: $4.9M private placement @ $0.20 + 1 half 2-year warrant @ $0.40
2020: $2.1M Doyon private placement @ $0.20 + 1 half 2-year warrant @ $0.40 2019: $5.8M private placement @ $0.35 + 1 full 2-year warrant @ $0.50 |
| Insider Warrants Outstanding | 720,000 @ $0.10 (Expiry Date: June 16, 2022)
3,380,000 @ $0.25 (Expiry Date: June 16, 2022) |
| Warrants Outstanding | 227,936 @ $0.35 (Expiry Date: July 12,2021)
235,978 @ $0.35 (Expiry Date: September 26, 2021) 6,880,798 @ $0.50 (Expiry Date: July 12, 2021) 9,812,618 @ $0.50 (Expiry Date: September 26, 2021) 5,236,500 @ $0.40 (Expiry Date: April 17, 2022)* 956,130 @ $0.20 (Expiry Date: June 30, 2022) 12,307,750 @ $0.40 (Expiry Date: June 30, 2022)* |
| Options Outstanding | 400,000 @ $0.33 (Expiry Date: July 27, 2025) |
*Accelerated exercise clause: If shares have traded at or above $0.56 on the TSX Venture Exchange for 10 consecutive trading days, Tectonic may give notice that the warrant will expire, if not exercised, within 30 days from the date of issuance of a news release announcing the acceleration