Investor Information
Capital Structure
Heading #1 | Heading #1 |
|---|---|
Shares Outstanding | 236,910,930 |
Warrants | 78,550,005 |
Options 1 | 20,150,000 |
Fully Diluted 2 | 335,610,935 |
Cash (hard dollars) | ~ $4.0M |
- Maurice Colson, the former Chairman of Hornby Bay (now Royal Fox Gold), passed away on March 27, 2021, and, in accordance with the Stock Option Plan, his options (5,300,000) expire on September 23, 2021, 180 days from the date of his passing. At that point, total options outstanding will equal 6% of the total shares outstanding.
- $1M also to be paid to the vendors of MRQ in consideration shares (escrowed) calculated on a 20-day VWAP at each of May 20, 2022, November 20, 2022, and May 20, 2023
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