Share Structure

Major Shareholders

12.1% — Crescat Capital LLC

9.9% — Concept Capital Management Ltd

9.3% — Management, Directors, Advisors

2.7% — Keith Neumeyer

1.7% — Starcore International Mines

1.5% — MinQuest Ltd.

1.3% — U.S. Global Investors

1.3% — EMX Royalty Corp.