September 2023
All values are expressed in Canadian dollars unless otherwise noted.
| Shares Outstanding | 309,816,679 |
| Fully Diluted | 416,027,724 |
| Estimated Cash | C$5M |
| Debt | None |
| Top Shareholders | 8.8% Doyon, Ltd.
19.9% Crescat Capital |
| Most Recent Financings | 2023: $4,323,096 @ $0.11/Unit (1 half 2-yr warrant at $0.15 expiring September 2025)
2023: $3,346,785 @ $0.11/Unit (1 half 2-yr warrant at $0.15 expiring July 2025) 2022: $3,100,900 @$0.08 Unit (1 Full 2-yr warrant at $0.12 expiring November 2024) 2022: $2,300,000 @ $0.06 Unit (1 half 2-yr warrant at $0.10 expiring July 2024) |
| Warrants Outstanding | 16,186,973 @$0.10 (Expiry May 30, 2024)
4,006,670 @$0.10 (Expiry July 8, 2024) 39,365,375 @$0.12 (Expiry November 17, 2024) 15,212,658 @$0.15 (Expiry June 23, 2025) 1,143,296 @$0.11 (Expiry June 23, 2025) 19,650,437 @$0.15 (Expiry August 10, 2025) 1,270,630 @$0.11 (Expiry August 10, 2025) |
| Options Outstanding | 875,000 @$0.13 (Expiry August 15, 2025)
300,000 @$0.10 (Expiry March 11, 2027) 2,500,000 @$0.10 (Expiry July 8, 2027) 500,000 @$0.10 (Expiry August 4, 2027) 400,000 @$0.10 (Expiry October 1, 2027) 4,550,000 @$0.13 (Expiry August 15, 2028) 250,000 @$0.16 (Expiry April 30, 2031) |
*Accelerated exercise clause: If shares have traded at or above $0.56 on the TSX Venture Exchange for 10 consecutive trading days, Tectonic may give notice that the warrant will expire, if not exercised, within 30 days from the date of issuance of a news release announcing the acceleration