Share Capital Structure as of May 6, 2026:

Share capital structure as of May 6, 2026
Item Current
Issued and outstanding shares{{1}} 206.4M
Fully diluted shares{{1}} 210.6M
Share price – as of April 7, 2026 C$25.78/US$18.93
Market capitalization (issued share basis) C$5.5BM / US$3.9B
Cash balance{{4}} US$472M

Long-term Debt

Long-term debt
Instrument ISIN ID Principal (US$M){{2}} Maturity Indenture
Senior Unsecured 8.000%, B1 / B+ / B+ by Moody’s, S&P and Fitch USC04492AA97
US04040YAB56
450.0 Oct 31, 2029 Indenture (PDF)
Gold-Linked Secured 7.5% Notes (listed, Cboe Canada exchange) CA04041BAA67 24 Aug 26, 2027 Indenture (PDF)

Capital Structure Notes:

  1. Does not include the additional 6,000,000 contingent shares issuable to Mubadala on receipt of the environmental license to develop PSN – refer to news release dated June 28, 2024 for details.
  2. Principal amounts outstanding as of September 1, 2025. The secured Gold-Linked Notes amortize on a quarterly basis in each of February, May, August and November.
  3. Cash balance as of March 31, 2026.