Sylla Gold Executes LOI to Purchase the Sananfara Gold Allow at Niaouleni

THIRD QUARTER HIGHLIGHTS

Monetary Outcomes – Robust Earnings and Money Move Technology Spotlight Resiliency of Operations

• Third quarter web earnings ⁽³⁾ of $19.8 million or $0.02 per share primary and diluted. Adjusted web earnings ⁽¹⁾⁽³⁾ of $44.5 million or $0.05 per share primary and diluted.
• Money flows from working actions of $164.7 million for the three months ended September 30, 2022.
• Web free money flows ⁽¹⁾ and free money flows earlier than dividends and debt repayments ⁽¹⁾ of $108.4 million and $24.4 million, respectively.
• Money flows from working actions are anticipated to extend within the fourth quarter, with elevated manufacturing contributions driving sequential enchancment.
• Money and money equivalents totalled $539.2 million ⁽⁶⁾ . The Firm’s revolving credit score facility stays undrawn.

Manufacturing Outcomes – Persevering with to Execute as Deliberate

• Robust GEO ⁽²⁾ manufacturing of 241,302 GEO ^{(2) .} The Firm stays on observe to fulfill its steering for gold, silver and GEO ⁽²⁾ manufacturing, regardless of the gold-to-silver ratio remaining elevated as in comparison with the ratio assumed in steering on account of decrease silver costs. Furthermore, the Firm is on observe with its steering for manufacturing within the second half of the 12 months to be comparable with that within the first half, with a sequential improve within the fourth quarter over the third quarter anticipated to reflect that realized within the second quarter over the primary quarter. Whereas gold and silver manufacturing had been in line in the course of the third quarter, GEO ⁽²⁾ ounces had been impacted by the aforementioned realized GEO ⁽²⁾ ratio being considerably larger than that assumed in steering, regardless of larger than deliberate gold manufacturing. The impact of a better gold-to-silver ratio based mostly on comparatively decrease silver-to-gold costs is to scale back GEO ⁽²⁾ produced, though the manufacturing of underlying metals stay the identical.
• Gold manufacturing of 216,673 ounces exceeded plan, following standout performances from Canadian Malartic with 75,262 ounces and Jacobina with 50,113 ounces. Jacobina specifically had an distinctive third quarter and delivered report quarterly gold manufacturing, exceeding the 50,000 ounce threshold for the primary time. El Peñón and Cerro Moro, which produced 43,912 ounces and 24,888 ounces respectively, additionally had robust quarters.
• Silver manufacturing of two,212,765 ounces was according to plan. With El Peñón coming into higher-grade silver zones within the fourth quarter, the Firm is effectively positioned to realize its annual silver manufacturing steering.

Value Outcomes – Sustaining Stable Margins Towards Inflationary Backdrop

• Quarterly complete price of gross sales, money prices ⁽¹⁾ and AISC ⁽¹⁾ on a per GEO ⁽²⁾ foundation of $1,299, $794, and $1,148 respectively.
• Whereas underlying prices for metals offered within the third quarter had been inside plan, the upper gold-to-silver ratio, as in comparison with metals costs assumed in steering, elevated unitary prices per GEO ⁽²⁾ offered by over $27 per ounce as in comparison with plan.
• The inflationary impression on prices within the third quarter was largely offset by productiveness beneficial properties. Furthermore, commodity enter inflation on consumables that impression prices seems to have peaked within the second and third quarters, with many inputs off their latest highs. Regardless of realized inflation being above what was assumed within the Firm’s steering for the 12 months, AISC ⁽¹⁾ is predicted to be throughout the higher finish of steering when adjusted for the impression of the gold-to-silver ratio as famous above.

Capital Allocation and Free Money Flows

• The Firm employs a balanced method to capital allocation, which is predicted to generate vital and rising money balances in the course of the steering interval. The money balances are anticipated to be greater than ample to finance and assist the Firm’s deliberate progress marketing campaign, whereas sustaining monetary energy, and strengthening and growing returns of capital to shareholders. To realize this, the Firm employs a disciplined capital spend framework in the course of the steering interval with a goal of $150 per GEO ⁽²⁾ of sustaining capital and web expansionary capital to not exceed $175.0 million per 12 months on common.

Well being, Security and Sustainable Growth

• The Firm’s Complete Recordable Harm Charge (“TRIR”) for the primary 9 months of 2022 was 0.85 ⁽⁴⁾ . Now we have modified our TRIR reporting to align with our monetary reporting requirements which embody our wholly-owned operations, exploration tasks, growth tasks (Wasamac and MARA), proportional consolidation of Canadian Malartic (50%), and closed tasks. For comparability, the corresponding full-year 2021 outcome was 1.11 ⁽⁴⁾ .
• As of early October greater than 98% ⁽⁵⁾ of the Firm’s staff and contractors at its wholly-owned operations and exploration tasks have acquired a minimum of one dose of a COVID-19 vaccine, greater than 97% ⁽⁵⁾ have acquired two doses and greater than 82% ⁽⁵⁾ have acquired a 3rd dose booster shot. Roughly 43% ⁽⁵⁾ of employees have acquired a fourth dose booster shot.
• Yamana acquired up to date efficiency rankings from two main ESG analysis and rankings organizations within the third quarter of 2022. The Firm’s 2022 S&P Company Sustainability Evaluation rating elevated from 48 to 50, and its MSCI ranking improved from ‘BBB’ to ‘A’, reflecting continued progress within the Firm’s deep dedication to ESG excellence.

OPERATING RESULTS SUMMARY

OPERATIONS UPDATE

Canadian Malartic

Canadian Malartic had a robust third quarter, producing 75,262 ounces, according to plan. With the processing of softer Barnat ore, Canadian Malartic restoration charges have continued to pattern larger than comparative durations. The Barnat pit, which has the next strip ratio within the higher benches, contributed roughly half of the ore processed in the course of the third quarter. The Canadian Malartic pit offered roughly 1 / 4 of the mill feed, whereas the remaining ore got here from the floor stockpile. As deliberate, Canadian Malartic is on observe to realize its steering with the mining sequence and transition from the Canadian Malartic pit optimizing money flows.

Complete price of gross sales, money prices ⁽¹⁾ and AISC ^{( 1)} on a per GEO ⁽²⁾ foundation for the quarter had been $1,366, $803, and $1,098 respectively, with money prices ⁽¹⁾ and AISC ⁽¹⁾ higher than plan.

Jacobina

Jacobina had an distinctive third quarter and delivered report quarterly gold manufacturing of fifty,113 ounces. The manufacturing outcomes had been according to plan and exceeded the comparative quarter, pushed by larger ore tonnes processed. Underground mine growth work is according to the mine plan at 1,500 metres per thirty days to achieve entry to new mining panels, and along with the upper ore tonnes mined, gives further flexibility by the event of stockpiles supporting the upper throughput anticipated from the continued phased enlargement. As beforehand guided, manufacturing for 2022 is predicted to extend for the ninth consecutive 12 months, a pattern that’s anticipated to proceed within the coming years, on account of the phased enlargement technique and the exploration applications aimed toward producing vital worth from the exceptional geological upside of the property.

Complete price of gross sales, money prices ⁽¹⁾ and AISC ⁽¹⁾ on a per GEO ⁽²⁾ foundation for the third quarter of $907, $586, and $801, respectively.

Cerro Moro

Cerro Moro produced 40,201 GEO ⁽²⁾ comprising 24,888 ounces of gold, and 1,375,661 ounces of silver, per or exceeding manufacturing steering and manufacturing from the comparative interval. Manufacturing continued to profit from entry to further mining faces, which supported the rise in mill feed coming from higher-grade underground ore, which accounts for practically 80% of the now stabilized throughput.

The opening of extra mining faces and resultant improve in mill feed coming from higher-grade underground ore continued within the third quarter with Zoe contributions changing into extra prevalent. Through the third quarter, a lot of the ore delivered to the plant got here from Escondida Far West, Zoe, Escondida Central and Escondida West. Over the previous 12 months, Cerro Moro has optimized the operation of the processing plant to extend every day throughput to roughly 1,100 tonnes per day (tpd). With enhancements to mine growth and suppleness, and modifications to the mining sequence for the 12 months, the Firm anticipates extra balanced quarterly manufacturing profile over the second half of 12 months, with manufacturing reflecting reserve grades. This positions Cerro Moro effectively to fulfill or exceed gold and silver steering for the 12 months.

Complete price of gross sales, money prices ⁽¹⁾ and AISC ⁽¹⁾ on a per GEO ⁽²⁾ foundation in the course of the third quarter had been $1,481, $926, and $1,263, respectively, higher than plan and all effectively under the comparative quarter, on account of the distinctive manufacturing within the quarter. There was a short unlawful labour motion on the Cerro Moro mine within the latter a part of July 2022, which was resolved.

El Peñón

El Peñón produced 53,228 GEO ⁽²⁾ , comprising gold manufacturing of 43,912 ounces, which exceeded plan, and 837,104 ounces of silver. Optimized mining sequencing, bringing ahead zones with the next gold-to-silver ratio within the first three quarters of the 12 months, has put El Peñón in a superb place to realize full 12 months GEO ⁽²⁾ manufacturing steering. The Firm expects larger silver manufacturing within the fourth quarter, as a result of mining of higher-grade silver zones reminiscent of Fortuna, Providencia, Pampa Campamento and Martillo Flats.

Quarterly complete price of gross sales, money prices ⁽¹⁾ and AISC ⁽¹⁾ on a per GEO ⁽²⁾ foundation of $1,211, $775, and $1,034, respectively.

Minera Florida

Minera Florida reported gold manufacturing of twenty-two,497 ounces in the course of the quarter, growing manufacturing for the third consecutive quarter, and stays on course to realize its annual manufacturing steering vary. Through the previous 12 months, Minera Florida has seen improved operational effectivity and lowered haulage distances on account of re-establishing ore passes. Internalization of mining actions, ongoing optimization of the haulage infrastructure, and growing disposal storage of growth waste into underground voids will additional enhance mine productiveness going ahead. A assessment of the processing plant within the first quarter recognized a number of alternatives to extend restoration. Administration is prioritizing these alternatives, specializing in the initiatives that may be carried out rapidly with minimal funding.

Complete price of gross sales, money prices ⁽¹⁾ and AISC ⁽¹⁾ on a per GEO ⁽²⁾ foundation in the course of the quarter had been $1,721, $1,041, and $1,382 respectively. AISC ⁽¹⁾ was impacted by a number of elements in the course of the quarter, together with mining sequence which noticed extraction from the next variety of mining zones in preparation for the fourth quarter, with each linear growth and exploration bills being according to plan, regardless of the decrease manufacturing profile. Prices per GEO ⁽²⁾ are anticipated to enhance within the fourth quarter on account of larger grades, and better silver and zinc by-product credit.

VALUE CREATION AND UPSIDE OPTIONALITY UNDERPINNING CORE PORTFOLIO OF GENERATIONAL ASSETS

The Firm’s exploration success and observe report of mineral reserve substitute and mineral useful resource progress helps a transparent pathway towards realizing vital and progressive manufacturing will increase and elevated money flows technology. The board-approved YAMANA 1.5 Plan helps the measured and prudent manufacturing progress of roughly 50% to 1.5 million GEO ⁽²⁾ throughout the ten-year outlook horizon, with upside optionality from longer-term growth tasks which probably lengthen the manufacturing platform past that timeframe and above that manufacturing stage.

The YAMANA 1.5 Plan is underpinned by a number of low-risk, low-capital tasks that are modular, which means that the sequencing may be modified to accommodate adjustments in assumptions on capital allocation, allowing, and so forth., and cling to the Firm’s balanced method to capital allocation, which is predicted to generate vital and rising money balances in the course of the steering interval, positioning tasks to be funded from these free money flows technology. The a number of tasks additional profit from being largely brownfield in nature, permitting for added flexibility with reference to sequencing and timing of such tasks in response to prevailing market situations, enabling every element to offer incremental progress and free money flows technology on the trail to reaching the expansion plan. Such flexibility permits the Firm to re-arrange, alter or defer the tasks at its discretion whereas nonetheless having the arrogance in reaching the general plan.

The Firm’s near-term guided progress to 1.06 million GEO ⁽²⁾ is supported by the not too long ago accomplished Section 2 enlargement at Jacobina and first manufacturing from the Odyssey Mission in early 2023. Thereafter, to realize the YAMANA 1.5 Plan, the Firm’s superior, low-capital tasks, which may be pursued and re-sequenced so as to add GEO ⁽²⁾ in a accountable and self-funded method, embody:

• The development of Wasamac, for which the not too long ago accomplished strategic life-of-mine plan reveals a sooner manufacturing ramp-up to 200,000 ounces in 2027 and as much as 250,000 ounces in 2028;
• The Section 3 Plant enlargement at Jacobina with anticipated incremental manufacturing of 40,000 ounces of gold;
• The Cerro Moro plant enlargement with anticipated incremental manufacturing of fifty,000 to 60,000 ounces of GEO ^{(2) ;}
• The Minera Florida enlargement with anticipated incremental manufacturing of 35,000 ounces of gold;
• The Section 4 Plant enlargement at Jacobina with anticipated incremental manufacturing of 75,000 to 125,000 ounces of gold; and
• The Lavra Velha heap leach challenge with anticipated incremental manufacturing of 60,000 to 70,000 ounces of gold.

For additional particulars on the above tasks, please confer with the MD&A for the three- and nine-month durations ended September 30, 2022, particularly the Strategic Developments, Building Developments and Superior Stage Tasks part , S ection 5 : Building, Growth and Different Initiatives and Part 6 : Exploration .

The Odyssey Mission at Canadian Malartic represents one necessary step in direction of realizing the YAMANA 1.5 Plan as it would set up a big sustainable gold manufacturing platform of 500,000 – 600,000 ounces (100% foundation) with a strategic mine life into the 2040’s. As of December 31, 2021, the Odyssey mineral useful resource holds 2.35 million ounces of gold in 25.2 million tonnes of ore at a grade of two.9 grams per tonne of indicated mineral assets and 13.15 million ounces of gold in 173.7 million tonnes of ore at a grade of two.4 grams per tonne of inferred mineral assets of which 7.3 million ounces, roughly 47% of the entire mineral useful resource, is included within the technical research mine plan.

• The development resolution made by the Canadian Malartic Partnership (“the Partnership”) within the first quarter of 2021, previous to the declaration of mineral reserves, was made on the premise of 0.8 million ounces of Indicated Mineral Assets (100% foundation), 13.5 million ounces of Inferred Mineral Assets (100% foundation), an aggressive infill program to transform a significant factor of inferred mineral assets to indicated mineral assets and to ascertain mineral reserves by the tip of 2022, and the very robust continuity and homogeneous nature of the East Gouldie deposit with beneficial geometry and good rock high quality just like the open pit operation. Additional, the proposed operations on the Odyssey Mission had been based mostly on the outcomes of an inner technical research performed by the Partnership. The research introduced a brownfield challenge with the utilization of the present processing plant and infrastructure, in addition to a transparent path in direction of receiving a Certificates of Authorization for the underground challenge. Primarily based on these robust attributes of the challenge, the Partnership decided that there was a possibility to create vital worth and lengthen the mine lifetime of the asset making the choice to advance the challenge beginning the underground growth together with the development of the shaft, with restricted to no threat in making such resolution.
• The dimensions and continuity of the East Gouldie mineralized zone is highlighted by the fast useful resource progress. The brand new zone was found within the fourth quarter of 2018 and the choice to start out the shaft growth was made within the first quarter of 2021. By the tip of 2021 that call was validated by additional infill drilling, when 1.5 million ounces (11.9 million tonnes grading 3.88 g/t gold) had been transformed to indicated mineral assets and a further 1.2 million ounces (10.7 million tonnes at 3.4 g/t gold) had been added to new inferred mineral assets, largely throughout the 2020 East Gouldie useful resource envelope. The predictive exploration mannequin constantly reveals mineralization the place the mannequin expects it, and the Firm has examined the reliability of that predictability. The profitable infill drilling, mentioned extra absolutely within the part above, continues to verify the exceptional continuity of grade and width within the East Gouldie mineralized zone, and continues to enhance the ore physique, with indicated useful resource drilling assembly or exceeding the grade and width of the reported inferred useful resource.
• Drilling outcomes already in hand to assist the conversion of a good portion of inferred mineral assets declared in 2021 to indicated mineral assets by the tip of 2022. These new indicated assets will present the premise for a full preliminary feasibility research in early 2023 that may enable definition of mineral reserves for the Odyssey underground challenge over the subsequent few years, beginning on the finish of 2022.
• Preliminary expansionary capital spend by to the tip of 2022 is predicted at lower than $150 million (50% foundation), with over half of that spend supporting ramp entry and growth of the Odyssey ore physique. As underground growth has now entered areas with established ore, as soon as the plant feed commences within the first quarter of 2023, quick return on capital spend is achieved and, as beforehand disclosed and mentioned under, gold ounces produced will subsidize the additional and extra vital preliminary expansionary capital spend.
• The preliminary expansionary capital of roughly $572 million (50% foundation) to be spent from 2021 to 2028, with a mean of roughly $70 million per 12 months in that interval, doesn’t embody any offsetting gross margin from this pre-commercial manufacturing on account of amendments to the related accounting normal, which represents a sensible consequence of IFRS software, nevertheless money outlays are anticipated to be largely offset by 466,000 ounces (50% foundation) of manufacturing in the course of the development interval. Assuming a gold value of $1,550 per ounce, greater than half of this preliminary expansionary capital spend can be successfully offset and backed from this gross margin, such that the remaining web preliminary expansionary capital necessities from September 30, 2022 to 2028 can be roughly $120 million, representing a really modest per 12 months spend. Manufacturing and money flows from the underground are anticipated to start within the first quarter of 2023. For additional particulars on the Odyssey challenge, please confer with the MD&A for the three- and nine-month durations ended September 30, 2022, particularly the Strategic Developments, Building Developments and Superior Stage Tasks part, and Part 5 : Building, Growth and Different Initiatives .
• The general challenge continues to be on schedule, with the primary key milestone of gold manufacturing from Odyssey South within the first quarter of 2023 remaining on course. Underground growth prices have been monitoring under price range for the reason that initiation of the challenge, and along with additional productiveness enchancment alternatives, such because the internalization of growth within the second and third quarters, have been in a position to mitigate any inflationary pressures on floor infrastructure prices. Additional, a weaker Canadian Greenback versus the US Greenback, in relation to the PEA assumptions, continues to be useful to prices.
• Canadian Malartic additionally advantages from strategic optionality and production-level upside from future out there mill capability as mining transitions underground. Whereas the Odyssey mine is predicted to initially course of as much as 19,000 tonnes per day, ore might be processed by a plant with a present design capability of as much as 61,000 tonnes per day. The Firm believes that persevering with exploration efforts at East Gouldie, Titan, East Amphi, Camflo and Rand signify distinctive geological upside and provide strategic optionality and production-level upside. The Firm believes that the underground growth will assist a considerably larger stage of manufacturing than assumed within the present mine plan with extra manufacturing from the higher zones the place a ramp might be utilized and may assist the next extraction fee, and a attainable second shaft within the decrease zones, the place mineralization is now seen to considerably lengthen up-dip to the east of the inferred mineral useful resource.

Additional supporting the YAMANA 1.5 Plan is the district potential at Jacobina. The observe report of progress in mineral reserves and mineral assets at Jacobina underpins its vital prospectivity and geological upside, which helps the deliberate low threat, brownfield phased enlargement technique that’s anticipated to materially improve manufacturing and money flows, producing robust returns on funding.

• Gold mineral reserves have grown by 55% or greater than 1 million ounces web of depletion over the previous 4 years to 2.94 million ounces contained in 42 million tonnes at a grade of two.18 grams per tonne as of December 31, 2021. Mineral assets have elevated by 69% over the identical interval. With the Section 2 enlargement throughput goal achieved, Jacobina’s sustainable manufacturing platform is now roughly 230,000 ounces per 12 months, greater than triple the 75,000 ounces produced in 2014 when the corporate launched a serious initiative to unlock the asset’s full potential. With throughput now established at 8,500 tpd and the main target now on the Section 3 enlargement to 10,000 tpd by continued incremental debottlenecking, Jacobina is effectively positioned to extend manufacturing to roughly 270,000 ounces per 12 months by 2025 with modest capital and to take care of that manufacturing profile for the foreseeable future. A Section 4 enlargement, of as much as 15,000 tpd, which is a part of the Firm’s strategic lifetime of mine planning would improve manufacturing to in extra of 350,000 ounces per 12 months. For additional particulars on the Jacobina phased plant enlargement, please confer with the MD&A for the three- and nine-month durations ended September 30, 2022, particularly the Strategic Developments, Building Developments and Superior Stage Tasks part and Part 5 : Building, Growth and Different Initiatives .
• Jacobina’s latest success in rising each mineral reserves and mineral assets helps a strategic mine lifetime of a minimum of 20 years at these larger manufacturing charges at a few of the lowest underground working prices within the Americas. Additional, the mine presently has a pipeline of assets and exploration targets that the Firm believes will additional lengthen the mine life because it continues to systematically discover the big land bundle within the Jacobina district, which covers roughly 150 kilometres of exploration potential.

El Peñón, which achieved a fourth consecutive 12 months of including mineral reserves in extra of depletion with mineral reserves growing 23% to 1.3 million GEO ⁽²⁾ over that interval, represents one other supply of worth creation for the Firm because it continues to increase the mine life at a manufacturing fee of 220,000 to 230,000 GEO ⁽²⁾ per 12 months. Day by day throughput is now roughly 3,300 tpd versus the presently out there plant capability of as much as 4,200 tpd, representing a possibility to extend manufacturing because the operation endeavours to construct its mineral stock in wake of constant exploration outcomes.

• Constructive preliminary drill outcomes have been acquired from the early-stage, growing South Deeps goal situated below cowl and to the south of the El Peñón deposit. The Firm believes these outcomes have opened up a major new near-mine space for exploration with the potential for including main and secondary veins which may in the end outcome within the Firm leveraging the upper processing capability of the plant.

Yamana continues to steadiness money movement technology and exploration expenditures to maximise the worth of its asset portfolio, and is assured the low-capex nature of its progress plans, largely centered on mine life extensions which can be close to the present infrastructure, will show a give attention to measured, accountable progress and the sustainability of money flows.

Additional progress past this stage, for a manufacturing platform of two.75 million to three.1 million GEO ⁽²⁾ would come from the MARA and Suyai tasks, and alternatives presently throughout the generative exploration portfolio reminiscent of Jacobina Norte, Las Fechas, Falcon, and Borborema, amongst others; these alternatives present further upside potential to the ten-year outlook. The MARA Mission is without doubt one of the largest copper-gold tasks on this planet, of which Yamana owns 56.25%, and which has a mean annual manufacturing of 556 million kilos of copper equal ⁽⁸⁾ (100% foundation) throughout its first ten years. As well as, the Suyai Mission is a big gold challenge in Chubut Province, Argentina, that’s projected to succeed in manufacturing of as much as 250,000 ounces yearly in its first eight years. Additional, Jacobina Norte is a highly-prospective property that lies contiguous to and north of the Firm’s prolific Jacobina mine, with preliminary outcomes exhibiting glorious potential for the invention of standalone Jacobina-type mineralization and the addition of a brand new mine alongside the greenstone basin.

BUSINESS COMBINATION WITH GOLD FIELDS – INFORMATION CIRCULAR PUBLICLY FILED WITH UNANIMOUS BOARD RECOMMENDATION TO VOTE IN FAVOUR OF THE DEAL

Shareholders and different events ought to be conscious that the administration data round (the “Data Round”) and associated assembly and proxy supplies in reference to the particular assembly of shareholders (the “Yamana Assembly”), scheduled to be held on November 21, 2022, have been filed and made publicly out there. The aim of the Yamana Assembly is to hunt approval for the previously-announced proposed enterprise mixture whereby the entire issued and excellent frequent shares of Yamana might be acquired by a wholly-owned subsidiary of Gold Fields Restricted (JSE, NYSE: GFI) (“Gold Fields”) by the use of a plan of association below the Canada Enterprise Firms Act.

Shareholders of report on October 18, 2022 might be eligible to vote on the Yamana Assembly. Along with the general public submitting of the Data Round, the supplies are presently being mailed to Yamana shareholders of report on the above-mentioned report date. The Data Round gives detailed data relating to the proposed enterprise mixture, which underpins the Yamana board of administrators’ conclusions and advice.

The Yamana board of administrators has unanimously really helpful voting in favour of the enterprise mixture. Shareholders and different events are strongly suggested to learn the Data Round for an in depth description of the transaction and the explanations for the board’s advice. The Data Round is accessible below Yamana’s profile on www.sedar.com and can also be out there on the Firm’s web site at www.yamana.com.

FINANCIAL SUMMARY AND KEY STATISTICS

Key monetary and working statistics for the third quarter 2022 are outlined within the following tables.

(i) For the three months ended September 30, 2022, the weighted common variety of shares excellent was 961,057 thousand (primary) and 962,513 thousand (diluted).
(ii)     Web change in working capital motion was a money influx of $7.6 million for the three months ended September 30, 2022.