As of August 31, 2021

Shares Issued: 125,794,897
Warrants: Nil*
Options - $1.00 (Exp April 8, 2026) 7,566,250
Options - $1.00 (Exp April 29, 2026) 200,000
Options - $1.44 (Exp June 22, 2026) 225,000
Shares Outstanding/Fully Diluted: 133,786,147

*Tier One has the equivalent of 500,000 legacy warrants outstanding resulting from its spin-out from Fury which, if exercised before September 12, 2022, will result in the issuance of 500,000 Tier One shares and the receipt of cash proceeds of US$100,000.