Underpass Falls 1

Capital Structure

Share Capital

(as at August 20, 2025)

Current issued and outstanding192,104,186
Warrants outstanding
38,549,395 @ $0.30 (Expires December 28, 2025)
14,130,591 @ $0.18 (Expires October 2, 2026)
52,679,986




ESOP Options outstanding9,000,000
Fully Diluted253,784,172
Cash Balance$8,400,000

Major Shareholders

Management & Insiders6.41%
Centerra Gold Inc.9.99%
Alamos Gold (NYSE-AGI)11.97%
EuroPac Gold Fund3.80%
Medalist Capital3.55%
Delbrook Capital9.22%
Dynamic Funds2.37%
Eric Sprott2.08%
Sprott Asset Management2.17%
Rob McEwen1.74%
Robert Quartermain0.52%
Other Institutions12.00%
Public Float34.18%

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