Our Top Five Investments

At August 31, 2017 our most significant investments were:

Terrax Minerals Inc. www.terraxminerals.com TSX.V: TXR
IBC Advanced Alloys Corp. www.ibcadvancedalloys.com TSX.V: IB
Polymet Mining Corp. www.polymetmining.com TSX: POM
Largo Resources Ltd. www.largoresources.com TSX: LGO
Kirkland Lake Gold Ltd. www.klgold.com TSX: KL

These investments represent approximately 29% of our portfolio.