Share Capital Structure – as at December 1, 2020

Shares Issued and Outstanding
377,157,333
Options (exercise price of $0.64 - $3.39)
35,368,161
Fully Diluted Share Capital (1)
412,525,494

(1) Inclusion of potential debenture conversions would bring the number of fully diluted shares to 468,919,729.
(2) US$15M 2020 Debenture – potential conversion is based on the US$15M Debenture amount converted to CAD on November 30, 2020 FX rate of 1.2965 at the conversion price of $2.34.