Share Capital Structure – as at October 1, 2020

Shares Issued and Outstanding
376,765,666
Options (exercise price of $0.64 - $3.39)
37,634,828
Fully Diluted Share Capital (1)
414,400,494

(1) inclusion of potential debenture conversions would bring the number of fully diluted shares to 471,440,883
(2) The US$15M 2020 Debenture – Potential Conversion is based on the US$15M Debenture amount converted to CAD at May 8, 2020 FX rate of 1.3934 at the conversion price of $2.34.