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SHAREHOLDERS' EQUITY
 9 Months Ended
Sep. 30, 2023
SHAREHOLDERS' EQUITY  
SHAREHOLDERS' EQUITY

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NOTE 12 SHAREHOLDERS’ EQUITY

Equity Issuances

Flow-Through Shares Issuance – Canadian Exploration Expenditures (“CEE”)

The Company is required to spend the flow-through share proceeds from the 2022 issuance on flow-through eligible CEE as defined by subsection 66.1(6) of the Income Tax Act (Canada). As of September 30, 2023, the Company had incurred a total of $12.8 million in eligible CEE (as of December 31, 2022 – $1.0 million). The Company expects to fulfill its remaining CEE commitments of $2.3 million by the end of 2023.

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