Trading symbols: “DKL” on the TSX Venture Exchange (TSX-V) and “DKLRF” on the US OTC Market
Share Structure (as of December 15, 2021)
| Issued Shares | 94,992,152 |
| Warrants | 7,817,500 |
| Options | 7,631,666 |
| Fully-diluted Share Capital | 110,441,318 |
| Potential Oza Milestone Payment* | 8,000,000 |
| Potential Asaramatoru Transaction Consideration** | 5,500,000 |
| Potential Emohua Transaction Consideration*** | 8,500,000 |
| Fully-diluted Share Capital (including Oza Milestone & Asaramatoru) | 120,191,318 |
* As per the terms of the acquisition of Decklar Petroleum Limited, 8,000,000 shares are payable to the former shareholders of Decklar Petroleum Limited if the Oza Field achieves a minimum production ration (net to Millenium) of 1,000 boe/d by March 31, 2022, as outlined in the July 17, 2020 and August 16, 2021 press releases.
**As per the terms of the acquisition of Purion Energy Limited, up to 5,500,000 shares are payable as consideration based on satisfaction of certain conditions precedent, as outlined in the July 14, 2021 press release.
***As per the terms of the acquisition of Westfield Exploration and Production Limited and holders of the remaining 40% interest, up to 8,500,000 shares are payable as consideration based on satisfaction of certain conditions precedent, as outlined in the October 6, 2021 press release.
Transfer Agent
For information regarding share certificates, stock transfers and address changes, contact:
Computershare Investor Services Inc.
100 University Avenue
8th Floor
Toronto, Ontario
Canada M5J 2Y1
Tel: +1 416 263 9200