Capital Structure

as of November 16, 2021

Number of Shares
Shares Outstanding (M)(1) 69.8
Warrants (M) 6.7
Options (M) 1.7
RSU's (M)(2) 1.2
Fully Diluted Share Capital (M) 79.4
Cash US$31m
Debt(3) US$1m

Notes:
(1) Does not include exercise of the Over-Allotment Option issued for the IPO 
(2) The RSUs can be cash settled and therefore may not be issued in stock 
(3) Assumes conversion of the 2020 Loan into 3.18% NSR as per notice received on October 27, 2021