Scully Royalty Ltd. (SRL) AI Dilution Summary

Cash was $25,195,000 at the 2025-06-30 balance-sheet date, the last reported balance sheet. The figures do not disclose a monthly burn rate, a funding facility in use, or a recent capital raise, so none of them can be set against that cash position here. The stated potential-new-shares total from warrants and convertibles, converted or exercised at their stated terms, is 0, which is 0% of the 15,226,351 shares outstanding.