Insider/Institutional Holdings Breakdown From Information Circular:
Institutions
GreenCentre Canada -14,668,560
Sustainable Chemistry Alliance - 26,644,295
FirstLine Venture Partners Corp 26,644,295
Management
Howie Honeyman - 2,596,820
Wayne Maddever - 242, 000
Lea Ray - 110,000
Total Shares Held - 70,905,970 out of 106,103,098 or 67% of the float.
To the best of the knowledge of the directors and senior officers of the Company, no person holds, directly or indirectly, or exercises control or direction, over more than 10% of the issued and outstanding Common Shares of the Company other than: (i) GreenCentre Canada which has ownership and control of 14,668,560 Common Shares that represent approximately 13.8% of the issued and outstanding Common Shares (calculated on a non-diluted basis), (ii) Sustainable Chemistry Alliance which has ownership and control of 26,644,295 Common Shares that represent approximately 25.1% of the issued and outstanding Common Shares (calculated on a non-diluted basis) and (iii) FirstLine Venture Partners Corporation which has ownership and control of 26,644,295 Common Shares that represent approximately 25.1% of the issued and outstanding Common Shares (calculated on a non-diluted basis)
The Company's authorized capital consists of an unlimited number of common shares ("Common Shares") without par value, each share carrying the right to one vote, of which 106,103,098 Common Shares are issued and outstanding as at August 23, 2022 (the "Record Date"). The Company has no other classes of shares.
