Shares issued as per At-the-Market Equity Distribution Agreement ("ATM") |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 | |||
| Shares issued as per At-the-Market Equity Distribution Agreement ("ATM") | |||
| Shares issued as per At-the-Market Equity Distribution Agreement ("ATM") |
In December 2022, the Company filed a prospectus supplement with the Securities and Exchange Commission to sell up to $30 million of the Company’s common shares from time to time through an ATM. In 2025, the Company issued 7,542,996 common shares (2024: 3,251,588) (Note 17) at an average share price of $2.02 (2024: $1.53), resulting in net proceeds of $14.8 million (2024: $4.9 million), after incurring $0.5 million (2024: $0.1 million) as commission and fees. The ATM expired in October 2025. |