2021

2020

Voting common shares

Number of Shares

Total

Number of Shares

Total

Balance at January 1,

174,931,381

$

3,144,644

164,963,324

$

3,054,563

Shares issued upon exercise of share options, for cash

339,540

1,738

618,915

3,559

Shares issued on redemption of PSU's

514,010

1,202

—

Estimated fair value of share options exercised transferred from contributed surplus

—

684

—

1,267

Shares issued on acquisition of QMX

5,788,187

65,647

—

Shares issued to the public

—

8,353,042

76,957

Share issuance cost

—

(1,570)

Flow-through shares issued, net of costs and premium

1,100,000

11,411

996,100

9,868

Balance at December 31,

182,673,118

$

3,225,326

174,931,381

$

3,144,644