Underpass Falls 1

Capital Structure

Share Capital

As at April 22, 2026

Current issued and outstanding219,877,849
Warrants outstanding
@ $0.18 (Expires October 2, 2026)

11,510,182



ESOP Options outstanding12,300,000
Fully Diluted243,688,031
Cash Balance$7,900,000

Major Shareholders

Management & Insiders5.39%
Centerra Gold Inc.9.80%
EuroPac Gold Fund5.62%
Delbrook Capital10.71%
Alamos Gold (NYSE-AGI)10.46%
Rob McEwen1.52%
Eric Sprott1.82%
Robert Quartermain0.45%
Other Institutions12.00%
Public Float42.23%

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