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        <fairValLevel>1</fairValLevel>
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        <name>Amarc Resources Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Torq Resources Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>E3 Lithium Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Valero Energy Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Orsu Metals Corp.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Axo Copper Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Paragon Advanced Labs Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Gunnison Copper Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Caribbean Resources Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>King Copper Discovery Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NVRO Metals Ltd</name>
        <lei>529900510T59OMYN1R06</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>NGEx Minerals Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Nio Strategic Metals Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Andina Copper Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pacific Green Energy Corp.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>IBERAMERICAN LITHIUM CORP</name>
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        <name>Panoro Minerals Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Solv Energy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cameco Corp</name>
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        <title>Cameco Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Legacy Lithium Corp</name>
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        <title>Legacy Lithium Corp.</title>
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        <fairValLevel>3</fairValLevel>
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        <name>Neo Performance Materials Inc</name>
        <lei>984500E2A5I396CB6D96</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Halliburton Co</name>
        <lei>ENYF8GB5SMQZ25S06U51</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Enerflex Ltd</name>
        <lei>54930014N7872VUS3F89</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nano One Materials Corp</name>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Cheniere Energy Inc</name>
        <lei>MIHC87W9WTYSYZWV1J40</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Base Carbon Inc</name>
        <lei>875500CYVEXDVEKA7P19</lei>
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          <isin value="CA06975E1079"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Arianne Phosphate Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Collective Mining Ltd</name>
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          <isin value="CA19425C1005"/>
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        <fairValLevel>1</fairValLevel>
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        <name>NG Energy International Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>K92 Mining Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Revival Gold Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Coyote Copper Mines Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Consolidated Growth Holdings L</name>
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        <fairValLevel>3</fairValLevel>
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        <name>FireFly Metals Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Endeavour Silver Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Major Drilling Group Internati</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Juno Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Selkirk Copper Mines Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wolfden Resources Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Errington Metals Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>Sunrise Energy Metals Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hannan Metals Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kutcho Copper Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lumina Metals Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Volt Lithium Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>American Electric Power Co Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IberAmerican Lithium Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Montage Gold Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Mene Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Coeur Mining Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Contango Holdings PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LunR Royalties Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>Abaxx Technologies Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Barksdale Resources Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NG Energy International Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>CME Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Canada Nickel Co Inc</name>
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        <fairValLevel>3</fairValLevel>
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        <name>CanAlaska Uranium Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vizsla Royalties Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fervo Energy Co</name>
        <lei>N/A</lei>
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          <isin value="US31556C1062"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Torq Resources Inc</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Exxon Mobil Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Firefinch Ltd</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Woodside Energy Group Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Glencore PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Getty Copper Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Caterpillar Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sterling Group Ventures Inc</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Nano One Materials Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Electra Battery Materials Corp</name>
        <lei>5493009ZPOP6FTZAUU15</lei>
        <title>Electra Battery Materials Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Blue Moon Metals Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LNG Energy Group Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Aclara Resources Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>InZinc Mining Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vox Royalty Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Nutrien Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LibertyStream Infrastructure P</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Electra Battery Materials Corp</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Perpetua Resources Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Range Resources Corp</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Leviathan Metals Corp</name>
        <lei>89450031SA664GQU1A34</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Trigon Metals Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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        <name>Infrastructure Ventures, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Fireweed Metals Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BP PLC</name>
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        <title>BP PLC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Larvotto Resources Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Cat Syndicate Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Select Water Solutions Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vizsla Silver Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Baker Hughes Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Manhattan Uranium Discovery Co</name>
        <lei>21380046J5AXII8DUO10</lei>
        <title>Manhattan Uranium Discovery Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>PECOY COPPER CORP</name>
        <lei>984500E4Z2A4EBECED27</lei>
        <title>PECOY COPPER CORP</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-08-20</ncom:dateSigned>
      <ncom:nameOfApplicant>US Global Investors Funds</ncom:nameOfApplicant>
      <ncom:signature>/s/ Karen Shaw</ncom:signature>
      <ncom:signerName>Karen Shaw</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
