Investors

Share Structure

Capital Structure

Shares Outstanding: 32.6M
Fully Diluted Shares: 39.4M
Market Cap*: $121M
Cash**: $12.7M
EV: $108M

*As of October 30, 2025
**As of June 30, 2025

Ownership

39% HNW/Institutional
38% Founders
18% Eric Sprott
5% Retail

Assets

Cusi Mine: 100%
San Miguel Inset Claims: 100%