Capital Structure

Trojan Gold Inc

Capital Structure as at December 31, 2021

Shares Issued & Outstanding

39,099,433

Warrants Outstanding1,2

8,890,000

Options Outstanding

nil

Fully Diluted

47,989,433

Cash-on-hand

$501,734

Long Term Debt 

nil

Notes:

1.Warrants will expire on the following basis:

4.35 million on December 31, 2021. 

2.84 million on July 1, 2022.  

1.55 million warrants on December 31, 2023.  

2.All warrants are subject to an exercise trigger if the shares trade at $.30 for 5 consecutive days with 30-days notice (at Trojan’s discretion).

 

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