Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TRI	THOMSON REUTERS CORP	50,344	$4.53M	0.1%	—	—	COM	884903808
AAUC	ALLIED GOLD CORP	137,200	$4.259M	0.1%	—	—	PUT	01921D204
MDALF	MDA SPACE LTD	131,600	$3.332M	0.1%	—	—	CALL	55293N109
WPM	WHEATON PRECIOUS METALS CORP	23,774	$3.115M	0.1%	—	—	COM	962879102
MDALF	MDA SPACE LTD	120,600	$3.054M	0.1%	—	—	PUT	55293N109
AEM	AGNICO EAGLE MINES LTD	13,957	$2.833M	0.1%	—	—	COM	008474108
TECK	TECK RESOURCES LTD	48,713	$2.521M	0.1%	—	—	CL B	878742204
MDALF	MDA SPACE LTD	86,769	$2.197M	0.0%	—	—	COM	55293N109
EFXT	ENERFLEX LTD	87,600	$1.833M	0.0%	—	—	CALL	29269R105
OTEX	OPEN TEXT CORP	78,400	$1.744M	0.0%	—	—	PUT	683715106
PHYS	SPROTT ASSET MANAGEMENT LP	39,900	$1.414M	0.0%	—	—	CALL	85207H104
FNV	FRANCO NEV CORP	5,659	$1.398M	0.0%	—	—	COM	351858105
PHYS	SPROTT ASSET MANAGEMENT LP	38,651	$1.37M	0.0%	—	—	PHYSICAL GOLD TR	85207H104
TFPM	TRIPLE FLAG PRECIOUS METAL	30,929	$1.074M	0.0%	—	—	COM	89679M104
PHYS	SPROTT ASSET MANAGEMENT LP	17,300	$613K	0.0%	—	—	PUT	85207H104
ATS	ATS CORPORATION	21,700	$612K	0.0%	—	—	PUT	00217Y104
HBM	HUDBAY MINERALS INC	13,135	$275K	0.0%	—	—	COM	443628102
CGAU	CENTERRA GOLD INC	11,200	$199K	0.0%	—	—	PUT	152006102
DNN	DENISON MINES CORP	52,300	$185K	0.0%	—	—	CALL	248356107
CRON	CRONOS GROUP INC	49,500	$124K	0.0%	—	—	PUT	22717L101
OBE	OBSIDIAN ENERGY LTD	13,100	$124K	0.0%	—	—	CALL	674482203
STKL	SUNOPTA INC	10,400	$67,392	0.0%	—	—	PUT	8676EP108
DNN	DENISON MINES CORP	17,600	$62,128	0.0%	—	—	COM	248356107
TMQ	TRILOGY METALS INC NEW	16,400	$58,876	0.0%	—	—	CALL	89621C105

Increased Positions (129)

CM CANADIAN IMPERIAL BANK OF CO 4.1%

Value $202M (+34.8%) Shares 2,131,600 (+28.9%) Est. Cost — Unrealized —

BCE BCE INC 0.8%

Value $37.57M (+1262.7%) Shares 1,488,567 (+1186.1%) Est. Cost — Unrealized —

TU TELUS CORPORATION 2.2%

Value $111M (+39.2%) Shares 8,639,446 (+42.9%) Est. Cost — Unrealized —

SU SUNCOR ENERGY INC NEW 1.0%

Value $49.46M (+162.4%) Shares 748,200 (+76.1%) Est. Cost — Unrealized —

TU TELUS CORPORATION 3.4%

Value $171M (+13.6%) Shares 13,305,600 (+16.6%) Est. Cost — Unrealized —

NTR NUTRIEN LTD 0.8%

Value $41.8M (+85.9%) Shares 554,000 (+52.1%) Est. Cost — Unrealized —

TD TORONTO DOMINION BK ONT 0.6%

Value $27.7M (+176.6%) Shares 296,897 (+179.3%) Est. Cost — Unrealized —

CCJ CAMECO CORP 1.3%

Value $62.74M (+38.5%) Shares 577,700 (+16.7%) Est. Cost — Unrealized —

PBA PEMBINA PIPELINE CORP 0.5%

Value $27.01M (+131.2%) Shares 603,500 (+96.6%) Est. Cost — Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.3%

Value $17.43M (+395.2%) Shares 235,900 (+357.2%) Est. Cost — Unrealized —

CCJ CAMECO CORP 0.7%

Value $34.95M (+59.4%) Shares 321,800 (+34.3%) Est. Cost — Unrealized —

NTR NUTRIEN LTD 0.3%

Value $15.03M (+371.6%) Shares 199,134 (+285.7%) Est. Cost — Unrealized —

BNS BANK NOVA SCOTIA B C 1.3%

Value $66.87M (+18.5%) Shares 964,746 (+26.0%) Est. Cost — Unrealized —

IMO IMPERIAL OIL LTD 0.2%

Value $11.96M (+386.1%) Shares 91,400 (+220.7%) Est. Cost — Unrealized —

TECK TECK RESOURCES LTD 0.5%

Value $23.96M (+62.2%) Shares 463,000 (+50.1%) Est. Cost — Unrealized —

TRP TC ENERGY CORP 0.3%

Value $13.17M (+156.4%) Shares 210,444 (+125.3%) Est. Cost — Unrealized —

OVV OVINTIV INC 0.2%

Value $10.25M (+220.6%) Shares 172,700 (+111.6%) Est. Cost — Unrealized —

AAUC ALLIED GOLD CORP 0.1%

Value $7.443M (+1649.0%) Shares 239,800 (+1189.2%) Est. Cost — Unrealized —

TRI THOMSON REUTERS CORP 0.2%

Value $8.998M (+329.1%) Shares 100,000 (+528.9%) Est. Cost — Unrealized —

XLE SELECT SECTOR SPDR TR 0.2%

Value $11.03M (+146.6%) Shares 180,000 (+80.0%) Est. Cost — Unrealized —

BEP BROOKFIELD RENEWABLE ENERGY 0.5%

Value $25.64M (+33.0%) Shares 785,500 (+9.9%) Est. Cost — Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.2%

Value $11.56M (+110.5%) Shares 260,000 (+148.1%) Est. Cost — Unrealized —

MEOH METHANEX CORP 0.1%

Value $7.335M (+231.0%) Shares 123,200 (+120.8%) Est. Cost — Unrealized —

BTG B2GOLD CORP 0.1%

Value $6.236M (+303.3%) Shares 1,376,582 (+301.6%) Est. Cost — Unrealized —

TFII TRANSFORCE INC 0.1%

Value $6.648M (+182.1%) Shares 61,200 (+168.4%) Est. Cost — Unrealized —

CLS CELESTICA INC 0.5%

Value $24.53M (+18.1%) Shares 87,100 (+23.9%) Est. Cost — Unrealized —

TRI THOMSON REUTERS CORP 0.1%

Value $6.281M (+131.2%) Shares 69,800 (+238.8%) Est. Cost — Unrealized —

SOBO SOUTH BOW CORP 0.2%

Value $7.83M (+80.6%) Shares 235,000 (+48.9%) Est. Cost — Unrealized —

MFC MANULIFE FINL CORP 0.3%

Value $14.21M (+32.5%) Shares 412,600 (+39.5%) Est. Cost — Unrealized —

PSLV SPROTT ASSET MANAGEMENT LP 0.1%

Value $5.536M (+168.5%) Shares 226,976 (+160.3%) Est. Cost — Unrealized —

TECK TECK RESOURCES LTD 0.4%

Value $19.78M (+21.2%) Shares 382,300 (+12.1%) Est. Cost — Unrealized —

GIB CGI INC 0.1%

Value $5.826M (+133.8%) Shares 79,700 (+195.2%) Est. Cost — Unrealized —

NTR NUTRIEN LTD 0.2%

Value $9.704M (+50.0%) Shares 128,600 (+22.7%) Est. Cost — Unrealized —

SOBO SOUTH BOW CORP 0.1%

Value $4.572M (+211.1%) Shares 137,208 (+156.5%) Est. Cost — Unrealized —

MEOH METHANEX CORP 0.1%

Value $4.269M (+251.2%) Shares 71,700 (+134.3%) Est. Cost — Unrealized —

BTG B2GOLD CORP 0.1%

Value $4.677M (+170.2%) Shares 1,032,500 (+169.0%) Est. Cost — Unrealized —

SHOP SHOPIFY INC 0.5%

Value $23.89M (+13.8%) Shares 201,400 (+54.4%) Est. Cost — Unrealized —

CNI CANADIAN NATL RY CO 0.4%

Value $17.94M (+18.9%) Shares 174,600 (+14.3%) Est. Cost — Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.1%

Value $7.043M (+67.3%) Shares 95,300 (+54.5%) Est. Cost — Unrealized —

BEP BROOKFIELD RENEWABLE ENERGY 0.1%

Value $5.196M (+92.5%) Shares 159,200 (+59.0%) Est. Cost — Unrealized —

OVV OVINTIV INC 0.1%

Value $3.3M (+306.8%) Shares 55,600 (+168.6%) Est. Cost — Unrealized —

AG FIRST MAJESTIC SILVER CORP 0.2%

Value $7.915M (+44.8%) Shares 368,500 (+12.3%) Est. Cost — Unrealized —

PSLV SPROTT ASSET MANAGEMENT LP 0.1%

Value $6.605M (+58.4%) Shares 270,800 (+53.6%) Est. Cost — Unrealized —

CLS CELESTICA INC 0.4%

Value $19.01M (+14.4%) Shares 67,500 (+20.1%) Est. Cost — Unrealized —

MFC MANULIFE FINL CORP 0.3%

Value $16.11M (+17.4%) Shares 467,903 (+23.7%) Est. Cost — Unrealized —

TAC TRANSALTA CORP 0.1%

Value $4.228M (+123.1%) Shares 322,752 (+115.3%) Est. Cost — Unrealized —

AGI ALAMOS GOLD INC 0.1%

Value $2.684M (+439.2%) Shares 60,400 (+368.2%) Est. Cost — Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.1%

Value $6.73M (+47.8%) Shares 151,400 (+74.2%) Est. Cost — Unrealized —

UUUU ENERGY FUELS INC 0.1%

Value $2.978M (+193.9%) Shares 163,200 (+134.1%) Est. Cost — Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 0.1%

Value $2.97M (+188.9%) Shares 37,755 (+170.4%) Est. Cost — Unrealized —

AG FIRST MAJESTIC SILVER CORP 0.1%

Value $7.099M (+37.5%) Shares 330,500 (+6.6%) Est. Cost — Unrealized —

PAAS PAN AMERN SILVER CORP 0.1%

Value $5.731M (+45.9%) Shares 104,900 (+38.4%) Est. Cost — Unrealized —

SHOP SHOPIFY INC 0.2%

Value $11.91M (+17.4%) Shares 100,400 (+59.4%) Est. Cost — Unrealized —

FNV FRANCO NEV CORP 0.1%

Value $5.089M (+51.6%) Shares 20,600 (+27.2%) Est. Cost — Unrealized —

IAG IAMGOLD CORP 0.1%

Value $3M (+130.6%) Shares 159,391 (+102.0%) Est. Cost — Unrealized —

MGA MAGNA INTL INC 0.3%

Value $13.12M (+14.3%) Shares 235,100 (+9.1%) Est. Cost — Unrealized —

PDS PRECISION DRILLING CORP 0.1%

Value $4.999M (+44.0%) Shares 50,800 (+5.2%) Est. Cost — Unrealized —

SLF SUN LIFE FINANCIAL INC. 0.7%

Value $36.3M (+4.4%) Shares 580,200 (+4.1%) Est. Cost — Unrealized —

BTE BAYTEX ENERGY CORP 0.0%

Value $1.972M (+231.6%) Shares 441,100 (+139.6%) Est. Cost — Unrealized —

BN BROOKFIELD CORP 0.2%

Value $7.681M (+20.5%) Shares 189,800 (+36.7%) Est. Cost — Unrealized —

WCN WASTE CONNECTIONS INC 0.1%

Value $2.794M (+83.1%) Shares 17,200 (+97.7%) Est. Cost — Unrealized —

TFII TRANSFORCE INC 0.1%

Value $4.758M (+36.2%) Shares 43,800 (+29.6%) Est. Cost — Unrealized —

GIL GILDAN ACTIVEWEAR INC 0.1%

Value $3.395M (+54.4%) Shares 61,000 (+73.3%) Est. Cost — Unrealized —

VET VERMILION ENERGY INC 0.0%

Value $1.933M (+161.1%) Shares 140,300 (+58.0%) Est. Cost — Unrealized —

MGA MAGNA INTL INC 0.1%

Value $6.943M (+20.4%) Shares 124,400 (+15.0%) Est. Cost — Unrealized —

PSLV SPROTT ASSET MANAGEMENT LP 0.1%

Value $2.988M (+64.5%) Shares 122,500 (+59.5%) Est. Cost — Unrealized —

RBA RB GLOBAL INC 0.0%

Value $2.224M (+109.9%) Shares 23,200 (+125.2%) Est. Cost — Unrealized —

SHOP SHOPIFY INC 0.1%

Value $3.489M (+42.9%) Shares 29,413 (+94.0%) Est. Cost — Unrealized —

SVM SILVERCORP METALS INC 0.0%

Value $1.588M (+181.3%) Shares 147,900 (+118.5%) Est. Cost — Unrealized —

HBM HUDBAY MINERALS INC 0.2%

Value $7.557M (+14.9%) Shares 361,600 (+9.1%) Est. Cost — Unrealized —

GFL GFL ENVIRONMENTAL INC 0.0%

Value $1.862M (+99.1%) Shares 44,624 (+105.0%) Est. Cost — Unrealized —

NXE NEXGEN ENERGY LTD 0.1%

Value $3.493M (+35.6%) Shares 301,100 (+7.5%) Est. Cost — Unrealized —

OTEX OPEN TEXT CORP 0.1%

Value $3.14M (-22.6%) Shares 141,200 (+13.4%) Est. Cost — Unrealized —

OR OR ROYALTIES INC. 0.1%

Value $2.566M (+53.6%) Shares 67,500 (+43.0%) Est. Cost — Unrealized —

STN STANTEC INC 0.0%

Value $1.339M (+183.8%) Shares 15,500 (+210.0%) Est. Cost — Unrealized —

ORLA ORLA MNG LTD NEW 0.0%

Value $1.941M (+80.2%) Shares 120,320 (+50.5%) Est. Cost — Unrealized —

B BARRICK MNG CORP 0.3%

Value $14.31M (+6.4%) Shares 350,852 (+13.6%) Est. Cost — Unrealized —

DSGX DESCARTES SYS GROUP INC 0.0%

Value $2.054M (+59.4%) Shares 28,700 (+95.2%) Est. Cost — Unrealized —

BHC BAUSCH HEALTH COS INC 0.1%

Value $2.634M (+36.4%) Shares 487,800 (+75.5%) Est. Cost — Unrealized —

EGO ELDORADO GOLD CORP NEW 0.0%

Value $1.569M (+78.3%) Shares 45,700 (+86.5%) Est. Cost — Unrealized —

BB BLACKBERRY LTD 0.0%

Value $2.136M (+42.2%) Shares 659,200 (+66.3%) Est. Cost — Unrealized —

EGO ELDORADO GOLD CORP NEW 0.0%

Value $1.112M (+131.1%) Shares 32,400 (+141.8%) Est. Cost — Unrealized —

UUUU ENERGY FUELS INC 0.0%

Value $1.878M (+50.5%) Shares 102,900 (+19.9%) Est. Cost — Unrealized —

EXK ENDEAVOUR SILVER CORP 0.0%

Value $1.221M (+103.5%) Shares 131,100 (+105.5%) Est. Cost — Unrealized —

WFG WEST FRASER TIMBER LTD 0.1%

Value $3.597M (+20.4%) Shares 55,100 (+12.7%) Est. Cost — Unrealized —

BEPC BROOKFIELD RENEWABLE CORP 0.0%

Value $1.374M (+72.3%) Shares 34,500 (+65.9%) Est. Cost — Unrealized —

HBM HUDBAY MINERALS INC 0.0%

Value $2.443M (+29.8%) Shares 116,900 (+23.3%) Est. Cost — Unrealized —

SOBO SOUTH BOW CORP 0.0%

Value $2.162M (+31.4%) Shares 64,900 (+8.3%) Est. Cost — Unrealized —

STN STANTEC INC 0.0%

Value $1.27M (+56.5%) Shares 14,700 (+70.9%) Est. Cost — Unrealized —

MGA MAGNA INTL INC 0.0%

Value $869K (+111.8%) Shares 15,566 (+102.3%) Est. Cost — Unrealized —

CGAU CENTERRA GOLD INC 0.0%

Value $1.203M (+60.9%) Shares 67,600 (+30.0%) Est. Cost — Unrealized —

NXE NEXGEN ENERGY LTD 0.0%

Value $1.199M (+57.6%) Shares 103,400 (+25.0%) Est. Cost — Unrealized —

ORLA ORLA MNG LTD NEW 0.0%

Value $1.648M (+36.0%) Shares 102,200 (+13.6%) Est. Cost — Unrealized —

SSRM SSR MINING IN 0.0%

Value $747K (+139.9%) Shares 25,400 (+78.9%) Est. Cost — Unrealized —

ERO ERO COPPER CORP 0.0%

Value $635K (+131.4%) Shares 23,824 (+145.5%) Est. Cost — Unrealized —

ERO ERO COPPER CORP 0.0%

Value $632K (+128.0%) Shares 23,700 (+141.8%) Est. Cost — Unrealized —

BLDP BALLARD PWR SYS INC NEW 0.0%

Value $563K (+120.0%) Shares 232,800 (+131.0%) Est. Cost — Unrealized —

ASTL ALGOMA STL GROUP INC 0.0%

Value $710K (+69.8%) Shares 171,817 (+68.6%) Est. Cost — Unrealized —

GIB CGI INC 0.0%

Value $1.469M (-15.3%) Shares 20,100 (+6.9%) Est. Cost — Unrealized —

FSM FORTUNA MNG CORP 0.0%

Value $637K (+68.1%) Shares 64,100 (+66.1%) Est. Cost — Unrealized —

ASTL ALGOMA STL GROUP INC 0.0%

Value $881K (+39.2%) Shares 213,300 (+38.1%) Est. Cost — Unrealized —

CNL COLLECTIVE MINING LTD 0.0%

Value $391K (+165.3%) Shares 22,200 (+119.8%) Est. Cost — Unrealized —

GLXY GALAXY DIGITAL INC. 0.0%

Value $876K (+38.0%) Shares 47,500 (+67.3%) Est. Cost — Unrealized —

SVM SILVERCORP METALS INC 0.0%

Value $545K (+78.4%) Shares 50,700 (+38.5%) Est. Cost — Unrealized —

EXK ENDEAVOUR SILVER CORP 0.0%

Value $2.448M (+9.6%) Shares 262,994 (+10.7%) Est. Cost — Unrealized —

OR OR ROYALTIES INC. 0.0%

Value $603K (+52.3%) Shares 15,869 (+41.7%) Est. Cost — Unrealized —

WCN WASTE CONNECTIONS INC 0.3%

Value $12.67M (+1.5%) Shares 78,000 (+9.6%) Est. Cost — Unrealized —

SSRM SSR MINING IN 0.0%

Value $626K (+38.0%) Shares 21,300 (+2.9%) Est. Cost — Unrealized —

GFL GFL ENVIRONMENTAL INC 0.0%

Value $659K (+31.2%) Shares 15,800 (+35.0%) Est. Cost — Unrealized —

AQN ALGONQUIN POWER & UTILITIES 0.0%

Value $997K (+16.9%) Shares 162,300 (+17.1%) Est. Cost — Unrealized —

GIB CGI INC 0.0%

Value $1.892M (-6.7%) Shares 25,881 (+17.7%) Est. Cost — Unrealized —

LSPD LIGHTSPEED COMMERCE INC 0.0%

Value $478K (-22.0%) Shares 53,300 (+5.1%) Est. Cost — Unrealized —

SUNC SUNOCOCORP LLC 0.0%

Value $369K (+57.1%) Shares 5,984 (+25.6%) Est. Cost — Unrealized —

BB BLACKBERRY LTD 0.0%

Value $390K (+46.6%) Shares 120,400 (+71.5%) Est. Cost — Unrealized —

GFL GFL ENVIRONMENTAL INC 0.0%

Value $743K (+19.2%) Shares 17,800 (+22.8%) Est. Cost — Unrealized —

CDE COEUR MNG INC 0.0%

Value $1.39M (+8.5%) Shares 74,058 (+3.1%) Est. Cost — Unrealized —

SA SEABRIDGE GOLD INC 0.0%

Value $1.489M (+5.5%) Shares 52,529 (+10.2%) Est. Cost — Unrealized —

ERO ERO COPPER CORP 0.0%

Value $1.109M (+7.2%) Shares 41,600 (+13.7%) Est. Cost — Unrealized —

NG NOVAGOLD RESOURCES INC 0.0%

Value $487K (+15.8%) Shares 54,200 (+20.2%) Est. Cost — Unrealized —

OBE OBSIDIAN ENERGY LTD 0.0%

Value $164K (+62.0%) Shares 17,300 (+4.8%) Est. Cost — Unrealized —

AQN ALGONQUIN POWER & UTILITIES 0.0%

Value $469K (+14.9%) Shares 76,400 (+15.1%) Est. Cost — Unrealized —

TFPM TRIPLE FLAG PRECIOUS METAL 0.0%

Value $305K (+22.6%) Shares 8,800 (+17.3%) Est. Cost — Unrealized —

TLRY TILRAY BRANDS INC 0.0%

Value $464K (+8.3%) Shares 71,747 (+51.1%) Est. Cost — Unrealized —

BITF BITFARMS LTD 0.0%

Value $159K (+23.5%) Shares 81,400 (+48.8%) Est. Cost — Unrealized —

TLRY TILRAY BRANDS INC 0.0%

Value $750K (+4.1%) Shares 115,970 (+45.3%) Est. Cost — Unrealized —

BEPC BROOKFIELD RENEWABLE CORP 0.0%

Value $530K (+5.5%) Shares 13,300 (+1.5%) Est. Cost — Unrealized —

CRON CRONOS GROUP INC 0.0%

Value $295K (+8.8%) Shares 117,468 (+14.0%) Est. Cost — Unrealized —

TLRY TILRAY BRANDS INC 0.0%

Value $272K (+8.3%) Shares 42,000 (+51.2%) Est. Cost — Unrealized —

GIL GILDAN ACTIVEWEAR INC 0.0%

Value $1.568M (-1.3%) Shares 28,184 (+10.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CM	CANADIAN IMPERIAL BANK OF CO	2,131,600 (+28.9%)	$202M (+34.8%)	4.1%	—	—	CALL	136069101
BCE	BCE INC	1,488,567 (+1186.1%)	$37.57M (+1262.7%)	0.8%	—	—	COM NEW	05534B760
TU	TELUS CORPORATION	8,639,446 (+42.9%)	$111M (+39.2%)	2.2%	—	—	COM	87971M103
SU	SUNCOR ENERGY INC NEW	748,200 (+76.1%)	$49.46M (+162.4%)	1.0%	—	—	CALL	867224107
TU	TELUS CORPORATION	13,305,600 (+16.6%)	$171M (+13.6%)	3.4%	—	—	PUT	87971M103
NTR	NUTRIEN LTD	554,000 (+52.1%)	$41.8M (+85.9%)	0.8%	—	—	CALL	67077M108
TD	TORONTO DOMINION BK ONT	296,897 (+179.3%)	$27.7M (+176.6%)	0.6%	—	—	COM NEW	891160509
CCJ	CAMECO CORP	577,700 (+16.7%)	$62.74M (+38.5%)	1.3%	—	—	CALL	13321L108
PBA	PEMBINA PIPELINE CORP	603,500 (+96.6%)	$27.01M (+131.2%)	0.5%	—	—	CALL	706327103
QSR	RESTAURANT BRANDS INTL INC	235,900 (+357.2%)	$17.43M (+395.2%)	0.3%	—	—	PUT	76131D103
CCJ	CAMECO CORP	321,800 (+34.3%)	$34.95M (+59.4%)	0.7%	—	—	PUT	13321L108
NTR	NUTRIEN LTD	199,134 (+285.7%)	$15.03M (+371.6%)	0.3%	—	—	COM	67077M108
BNS	BANK NOVA SCOTIA B C	964,746 (+26.0%)	$66.87M (+18.5%)	1.3%	—	—	COM	064149107
IMO	IMPERIAL OIL LTD	91,400 (+220.7%)	$11.96M (+386.1%)	0.2%	—	—	PUT	453038408
TECK	TECK RESOURCES LTD	463,000 (+50.1%)	$23.96M (+62.2%)	0.5%	—	—	PUT	878742204
TRP	TC ENERGY CORP	210,444 (+125.3%)	$13.17M (+156.4%)	0.3%	—	—	COM	87807B107
OVV	OVINTIV INC	172,700 (+111.6%)	$10.25M (+220.6%)	0.2%	—	—	CALL	69047Q102
AAUC	ALLIED GOLD CORP	239,800 (+1189.2%)	$7.443M (+1649.0%)	0.1%	—	—	CALL	01921D204
TRI	THOMSON REUTERS CORP	100,000 (+528.9%)	$8.998M (+329.1%)	0.2%	—	—	PUT	884903808
XLE	SELECT SECTOR SPDR TR	180,000 (+80.0%)	$11.03M (+146.6%)	0.2%	—	—	PUT	81369Y506
BEP	BROOKFIELD RENEWABLE ENERGY	785,500 (+9.9%)	$25.64M (+33.0%)	0.5%	—	—	PUT	G16258108
BAM	BROOKFIELD ASSET MANAGMT LTD	260,000 (+148.1%)	$11.56M (+110.5%)	0.2%	—	—	CALL	113004105
MEOH	METHANEX CORP	123,200 (+120.8%)	$7.335M (+231.0%)	0.1%	—	—	CALL	59151K108
BTG	B2GOLD CORP	1,376,582 (+301.6%)	$6.236M (+303.3%)	0.1%	—	—	COM	11777Q209
TFII	TRANSFORCE INC	61,200 (+168.4%)	$6.648M (+182.1%)	0.1%	—	—	PUT	87241L109
CLS	CELESTICA INC	87,100 (+23.9%)	$24.53M (+18.1%)	0.5%	—	—	CALL	15101Q207
TRI	THOMSON REUTERS CORP	69,800 (+238.8%)	$6.281M (+131.2%)	0.1%	—	—	CALL	884903808
SOBO	SOUTH BOW CORP	235,000 (+48.9%)	$7.83M (+80.6%)	0.2%	—	—	CALL	83671M105
MFC	MANULIFE FINL CORP	412,600 (+39.5%)	$14.21M (+32.5%)	0.3%	—	—	CALL	56501R106
PSLV	SPROTT ASSET MANAGEMENT LP	226,976 (+160.3%)	$5.536M (+168.5%)	0.1%	—	—	PHYSICAL SILVER	85207K107
TECK	TECK RESOURCES LTD	382,300 (+12.1%)	$19.78M (+21.2%)	0.4%	—	—	CALL	878742204
GIB	CGI INC	79,700 (+195.2%)	$5.826M (+133.8%)	0.1%	—	—	CALL	12532H104
NTR	NUTRIEN LTD	128,600 (+22.7%)	$9.704M (+50.0%)	0.2%	—	—	PUT	67077M108
SOBO	SOUTH BOW CORP	137,208 (+156.5%)	$4.572M (+211.1%)	0.1%	—	—	COM	83671M105
MEOH	METHANEX CORP	71,700 (+134.3%)	$4.269M (+251.2%)	0.1%	—	—	PUT	59151K108
BTG	B2GOLD CORP	1,032,500 (+169.0%)	$4.677M (+170.2%)	0.1%	—	—	PUT	11777Q209
SHOP	SHOPIFY INC	201,400 (+54.4%)	$23.89M (+13.8%)	0.5%	—	—	CALL	82509L107
CNI	CANADIAN NATL RY CO	174,600 (+14.3%)	$17.94M (+18.9%)	0.4%	—	—	PUT	136375102
QSR	RESTAURANT BRANDS INTL INC	95,300 (+54.5%)	$7.043M (+67.3%)	0.1%	—	—	CALL	76131D103
BEP	BROOKFIELD RENEWABLE ENERGY	159,200 (+59.0%)	$5.196M (+92.5%)	0.1%	—	—	CALL	G16258108
OVV	OVINTIV INC	55,600 (+168.6%)	$3.3M (+306.8%)	0.1%	—	—	PUT	69047Q102
AG	FIRST MAJESTIC SILVER CORP	368,500 (+12.3%)	$7.915M (+44.8%)	0.2%	—	—	CALL	32076V103
PSLV	SPROTT ASSET MANAGEMENT LP	270,800 (+53.6%)	$6.605M (+58.4%)	0.1%	—	—	CALL	85207K107
CLS	CELESTICA INC	67,500 (+20.1%)	$19.01M (+14.4%)	0.4%	—	—	PUT	15101Q207
MFC	MANULIFE FINL CORP	467,903 (+23.7%)	$16.11M (+17.4%)	0.3%	—	—	COM	56501R106
TAC	TRANSALTA CORP	322,752 (+115.3%)	$4.228M (+123.1%)	0.1%	—	—	COM	89346D107
AGI	ALAMOS GOLD INC	60,400 (+368.2%)	$2.684M (+439.2%)	0.1%	—	—	PUT	011532108
BAM	BROOKFIELD ASSET MANAGMT LTD	151,400 (+74.2%)	$6.73M (+47.8%)	0.1%	—	—	PUT	113004105
UUUU	ENERGY FUELS INC	163,200 (+134.1%)	$2.978M (+193.9%)	0.1%	—	—	CALL	292671708
CP	CANADIAN PACIFIC KANSAS CITY	37,755 (+170.4%)	$2.97M (+188.9%)	0.1%	—	—	COM	13646K108
AG	FIRST MAJESTIC SILVER CORP	330,500 (+6.6%)	$7.099M (+37.5%)	0.1%	—	—	PUT	32076V103
PAAS	PAN AMERN SILVER CORP	104,900 (+38.4%)	$5.731M (+45.9%)	0.1%	—	—	PUT	697900108
SHOP	SHOPIFY INC	100,400 (+59.4%)	$11.91M (+17.4%)	0.2%	—	—	PUT	82509L107
FNV	FRANCO NEV CORP	20,600 (+27.2%)	$5.089M (+51.6%)	0.1%	—	—	PUT	351858105
IAG	IAMGOLD CORP	159,391 (+102.0%)	$3M (+130.6%)	0.1%	—	—	COM	450913108
MGA	MAGNA INTL INC	235,100 (+9.1%)	$13.12M (+14.3%)	0.3%	—	—	CALL	559222401
PDS	PRECISION DRILLING CORP	50,800 (+5.2%)	$4.999M (+44.0%)	0.1%	—	—	CALL	74022D407
SLF	SUN LIFE FINANCIAL INC.	580,200 (+4.1%)	$36.3M (+4.4%)	0.7%	—	—	CALL	866796105
BTE	BAYTEX ENERGY CORP	441,100 (+139.6%)	$1.972M (+231.6%)	0.0%	—	—	CALL	07317Q105
BN	BROOKFIELD CORP	189,800 (+36.7%)	$7.681M (+20.5%)	0.2%	—	—	PUT	11271J107
WCN	WASTE CONNECTIONS INC	17,200 (+97.7%)	$2.794M (+83.1%)	0.1%	—	—	PUT	94106B101
TFII	TRANSFORCE INC	43,800 (+29.6%)	$4.758M (+36.2%)	0.1%	—	—	CALL	87241L109
GIL	GILDAN ACTIVEWEAR INC	61,000 (+73.3%)	$3.395M (+54.4%)	0.1%	—	—	PUT	375916103
VET	VERMILION ENERGY INC	140,300 (+58.0%)	$1.933M (+161.1%)	0.0%	—	—	CALL	923725105
MGA	MAGNA INTL INC	124,400 (+15.0%)	$6.943M (+20.4%)	0.1%	—	—	PUT	559222401
PSLV	SPROTT ASSET MANAGEMENT LP	122,500 (+59.5%)	$2.988M (+64.5%)	0.1%	—	—	PUT	85207K107
RBA	RB GLOBAL INC	23,200 (+125.2%)	$2.224M (+109.9%)	0.0%	—	—	PUT	74935Q107
SHOP	SHOPIFY INC	29,413 (+94.0%)	$3.489M (+42.9%)	0.1%	—	—	CL A SUB VTG SHS	82509L107
SVM	SILVERCORP METALS INC	147,900 (+118.5%)	$1.588M (+181.3%)	0.0%	—	—	CALL	82835P103
HBM	HUDBAY MINERALS INC	361,600 (+9.1%)	$7.557M (+14.9%)	0.2%	—	—	CALL	443628102
GFL	GFL ENVIRONMENTAL INC	44,624 (+105.0%)	$1.862M (+99.1%)	0.0%	—	—	SUB VTG SHS	36168Q104
NXE	NEXGEN ENERGY LTD	301,100 (+7.5%)	$3.493M (+35.6%)	0.1%	—	—	CALL	65340P106
OTEX	OPEN TEXT CORP	141,200 (+13.4%)	$3.14M (-22.6%)	0.1%	—	—	CALL	683715106
OR	OR ROYALTIES INC.	67,500 (+43.0%)	$2.566M (+53.6%)	0.1%	—	—	CALL	68390D106
STN	STANTEC INC	15,500 (+210.0%)	$1.339M (+183.8%)	0.0%	—	—	PUT	85472N109
ORLA	ORLA MNG LTD NEW	120,320 (+50.5%)	$1.941M (+80.2%)	0.0%	—	—	COM	68634K106
B	BARRICK MNG CORP	350,852 (+13.6%)	$14.31M (+6.4%)	0.3%	—	—	COM SHS	06849F108
DSGX	DESCARTES SYS GROUP INC	28,700 (+95.2%)	$2.054M (+59.4%)	0.0%	—	—	PUT	249906108
BHC	BAUSCH HEALTH COS INC	487,800 (+75.5%)	$2.634M (+36.4%)	0.1%	—	—	CALL	071734107
EGO	ELDORADO GOLD CORP NEW	45,700 (+86.5%)	$1.569M (+78.3%)	0.0%	—	—	CALL	284902509
BB	BLACKBERRY LTD	659,200 (+66.3%)	$2.136M (+42.2%)	0.0%	—	—	CALL	09228F103
EGO	ELDORADO GOLD CORP NEW	32,400 (+141.8%)	$1.112M (+131.1%)	0.0%	—	—	PUT	284902509
UUUU	ENERGY FUELS INC	102,900 (+19.9%)	$1.878M (+50.5%)	0.0%	—	—	PUT	292671708
EXK	ENDEAVOUR SILVER CORP	131,100 (+105.5%)	$1.221M (+103.5%)	0.0%	—	—	CALL	29258Y103
WFG	WEST FRASER TIMBER LTD	55,100 (+12.7%)	$3.597M (+20.4%)	0.1%	—	—	PUT	952845105
BEPC	BROOKFIELD RENEWABLE CORP	34,500 (+65.9%)	$1.374M (+72.3%)	0.0%	—	—	CALL	11285B108
HBM	HUDBAY MINERALS INC	116,900 (+23.3%)	$2.443M (+29.8%)	0.0%	—	—	PUT	443628102
SOBO	SOUTH BOW CORP	64,900 (+8.3%)	$2.162M (+31.4%)	0.0%	—	—	PUT	83671M105
STN	STANTEC INC	14,700 (+70.9%)	$1.27M (+56.5%)	0.0%	—	—	CALL	85472N109
MGA	MAGNA INTL INC	15,566 (+102.3%)	$869K (+111.8%)	0.0%	—	—	COM	559222401
CGAU	CENTERRA GOLD INC	67,600 (+30.0%)	$1.203M (+60.9%)	0.0%	—	—	CALL	152006102
NXE	NEXGEN ENERGY LTD	103,400 (+25.0%)	$1.199M (+57.6%)	0.0%	—	—	PUT	65340P106
ORLA	ORLA MNG LTD NEW	102,200 (+13.6%)	$1.648M (+36.0%)	0.0%	—	—	PUT	68634K106
SSRM	SSR MINING IN	25,400 (+78.9%)	$747K (+139.9%)	0.0%	—	—	CALL	784730103
ERO	ERO COPPER CORP	23,824 (+145.5%)	$635K (+131.4%)	0.0%	—	—	COM	296006109
ERO	ERO COPPER CORP	23,700 (+141.8%)	$632K (+128.0%)	0.0%	—	—	PUT	296006109
BLDP	BALLARD PWR SYS INC NEW	232,800 (+131.0%)	$563K (+120.0%)	0.0%	—	—	CALL	058586108
ASTL	ALGOMA STL GROUP INC	171,817 (+68.6%)	$710K (+69.8%)	0.0%	—	—	COM	015658107
GIB	CGI INC	20,100 (+6.9%)	$1.469M (-15.3%)	0.0%	—	—	PUT	12532H104
FSM	FORTUNA MNG CORP	64,100 (+66.1%)	$637K (+68.1%)	0.0%	—	—	CALL	349942102
ASTL	ALGOMA STL GROUP INC	213,300 (+38.1%)	$881K (+39.2%)	0.0%	—	—	CALL	015658107
CNL	COLLECTIVE MINING LTD	22,200 (+119.8%)	$391K (+165.3%)	0.0%	—	—	CALL	19425C100
GLXY	GALAXY DIGITAL INC.	47,500 (+67.3%)	$876K (+38.0%)	0.0%	—	—	PUT	36317J209
SVM	SILVERCORP METALS INC	50,700 (+38.5%)	$545K (+78.4%)	0.0%	—	—	PUT	82835P103
EXK	ENDEAVOUR SILVER CORP	262,994 (+10.7%)	$2.448M (+9.6%)	0.0%	—	—	COM	29258Y103
OR	OR ROYALTIES INC.	15,869 (+41.7%)	$603K (+52.3%)	0.0%	—	—	COM SHS	68390D106
WCN	WASTE CONNECTIONS INC	78,000 (+9.6%)	$12.67M (+1.5%)	0.3%	—	—	CALL	94106B101
SSRM	SSR MINING IN	21,300 (+2.9%)	$626K (+38.0%)	0.0%	—	—	PUT	784730103
GFL	GFL ENVIRONMENTAL INC	15,800 (+35.0%)	$659K (+31.2%)	0.0%	—	—	PUT	36168Q104
AQN	ALGONQUIN POWER & UTILITIES	162,300 (+17.1%)	$997K (+16.9%)	0.0%	—	—	PUT	015857105
GIB	CGI INC	25,881 (+17.7%)	$1.892M (-6.7%)	0.0%	—	—	CL A SUB VTG	12532H104
LSPD	LIGHTSPEED COMMERCE INC	53,300 (+5.1%)	$478K (-22.0%)	0.0%	—	—	PUT	53229C107
SUNC	SUNOCOCORP LLC	5,984 (+25.6%)	$369K (+57.1%)	0.0%	—	—	COM SHS LLC	86765Q106
BB	BLACKBERRY LTD	120,400 (+71.5%)	$390K (+46.6%)	0.0%	—	—	PUT	09228F103
GFL	GFL ENVIRONMENTAL INC	17,800 (+22.8%)	$743K (+19.2%)	0.0%	—	—	CALL	36168Q104
CDE	COEUR MNG INC	74,058 (+3.1%)	$1.39M (+8.5%)	0.0%	—	—	COM NEW	192108504
SA	SEABRIDGE GOLD INC	52,529 (+10.2%)	$1.489M (+5.5%)	0.0%	—	—	COM	811916105
ERO	ERO COPPER CORP	41,600 (+13.7%)	$1.109M (+7.2%)	0.0%	—	—	CALL	296006109
NG	NOVAGOLD RESOURCES INC	54,200 (+20.2%)	$487K (+15.8%)	0.0%	—	—	CALL	66987E206
OBE	OBSIDIAN ENERGY LTD	17,300 (+4.8%)	$164K (+62.0%)	0.0%	—	—	PUT	674482203
AQN	ALGONQUIN POWER & UTILITIES	76,400 (+15.1%)	$469K (+14.9%)	0.0%	—	—	CALL	015857105
TFPM	TRIPLE FLAG PRECIOUS METAL	8,800 (+17.3%)	$305K (+22.6%)	0.0%	—	—	CALL	89679M104
TLRY	TILRAY BRANDS INC	71,747 (+51.1%)	$464K (+8.3%)	0.0%	—	—	COM	88688T209
BITF	BITFARMS LTD	81,400 (+48.8%)	$159K (+23.5%)	0.0%	—	—	CALL	09173B107
TLRY	TILRAY BRANDS INC	115,970 (+45.3%)	$750K (+4.1%)	0.0%	—	—	CALL	88688T209
BEPC	BROOKFIELD RENEWABLE CORP	13,300 (+1.5%)	$530K (+5.5%)	0.0%	—	—	PUT	11285B108
CRON	CRONOS GROUP INC	117,468 (+14.0%)	$295K (+8.8%)	0.0%	—	—	COM	22717L101
TLRY	TILRAY BRANDS INC	42,000 (+51.2%)	$272K (+8.3%)	0.0%	—	—	PUT	88688T209
GIL	GILDAN ACTIVEWEAR INC	28,184 (+10.8%)	$1.568M (-1.3%)	0.0%	—	—	COM	375916103

Exited Positions (12)

CM CANADIAN IMPERIAL BANK OF CO 0.9%

Value $45.66M Shares 503,924 Est. Cost — Unrealized —

CNQ CANADIAN NAT RES LTD 0.7%

Value $35.88M Shares 1,059,826 Est. Cost — Unrealized —

SU SUNCOR ENERGY INC NEW 0.2%

Value $9.672M Shares 218,043 Est. Cost — Unrealized —

BMO BANK MONTREAL QUE 0.1%

Value $2.524M Shares 19,448 Est. Cost — Unrealized —

GRTUF GRANITE REAL ESTATE INVT TR 0.0%

Value $1.213M Shares 20,500 Est. Cost — Unrealized —

XLE SELECT SECTOR SPDR TR 0.0%

Value $829K Shares 18,546 Est. Cost — Unrealized —

PDS PRECISION DRILLING CORP 0.0%

Value $715K Shares 9,948 Est. Cost — Unrealized —

NG NOVAGOLD RES INC 0.0%

Value $377K Shares 40,400 Est. Cost — Unrealized —

HUT HUT 8 CORP 0.0%

Value $285K Shares 6,202 Est. Cost — Unrealized —

MEOH METHANEX CORP 0.0%

Value $225K Shares 5,662 Est. Cost — Unrealized —

LAC LITHIUM AMERS CORP NEW 0.0%

Value $174K Shares 39,977 Est. Cost — Unrealized —

NG NOVAGOLD RES INC 0.0%

Value $126K Shares 13,494 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CM	CANADIAN IMPERIAL BANK OF CO	503,924	$45.66M	0.9%	—	—	—	136069101
CNQ	CANADIAN NAT RES LTD	1,059,826	$35.88M	0.7%	—	—	—	136385101
SU	SUNCOR ENERGY INC NEW	218,043	$9.672M	0.2%	—	—	—	867224107
BMO	BANK MONTREAL QUE	19,448	$2.524M	0.1%	—	—	—	063671101
GRTUF	GRANITE REAL ESTATE INVT TR	20,500	$1.213M	0.0%	—	—	CALL	387437205
XLE	SELECT SECTOR SPDR TR	18,546	$829K	0.0%	—	—	—	81369Y506
PDS	PRECISION DRILLING CORP	9,948	$715K	0.0%	—	—	—	74022D407
NG	NOVAGOLD RES INC	40,400	$377K	0.0%	—	—	PUT	66987E206
HUT	HUT 8 CORP	6,202	$285K	0.0%	—	—	—	44812J104
MEOH	METHANEX CORP	5,662	$225K	0.0%	—	—	—	59151K108
LAC	LITHIUM AMERS CORP NEW	39,977	$174K	0.0%	—	—	—	53681J103
NG	NOVAGOLD RES INC	13,494	$126K	0.0%	—	—	—	66987E206

Decreased Positions (127)

BCE BCE INC 1.1%

Value $53.24M (-62.1%) Shares 2,109,200 (-64.2%) Est. Cost — Unrealized —

CM CANADIAN IMPERIAL BANK OF CO 2.5%

Value $126M (-36.5%) Shares 1,332,800 (-39.3%) Est. Cost — Unrealized —

BMO BANK MONTREAL MEDIUM 4.5%

Value $226M (-21.3%) Shares 1,671,900 (-24.5%) Est. Cost — Unrealized —

TD TORONTO DOMINION BK ONT 2.4%

Value $122M (-32.7%) Shares 1,307,900 (-32.1%) Est. Cost — Unrealized —

BNS BANK NOVA SCOTIA B C 2.7%

Value $136M (-29.3%) Shares 1,968,400 (-24.8%) Est. Cost — Unrealized —

TD TORONTO DOMINION BK ONT 0.7%

Value $35.85M (-60.6%) Shares 384,200 (-60.2%) Est. Cost — Unrealized —

BMO BANK MONTREAL MEDIUM 1.3%

Value $66.32M (-44.8%) Shares 490,000 (-47.0%) Est. Cost — Unrealized —

SU SUNCOR ENERGY INC NEW 3.9%

Value $197M (+33.0%) Shares 2,972,600 (-10.8%) Est. Cost — Unrealized —

TRP TC ENERGY CORP 2.8%

Value $139M (-26.0%) Shares 2,219,800 (-35.0%) Est. Cost — Unrealized —

RY ROYAL BK CDA 3.4%

Value $172M (-21.3%) Shares 1,062,300 (-17.0%) Est. Cost — Unrealized —

RY ROYAL BK CDA 4.0%

Value $198M (-17.1%) Shares 1,224,600 (-12.6%) Est. Cost — Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 3.0%

Value $149M (+34.0%) Shares 3,052,500 (-6.9%) Est. Cost — Unrealized —

PBA PEMBINA PIPELINE CORP 0.8%

Value $41.28M (-47.4%) Shares 922,300 (-55.2%) Est. Cost — Unrealized —

ENB ENBRIDGE INC 0.3%

Value $13.36M (-73.3%) Shares 246,700 (-76.4%) Est. Cost — Unrealized —

BNS BANK NOVA SCOTIA B C 2.3%

Value $115M (-23.6%) Shares 1,660,400 (-18.7%) Est. Cost — Unrealized —

RCI ROGERS COMMUNICATIONS INC 5.4%

Value $271M (-11.0%) Shares 7,058,600 (-12.6%) Est. Cost — Unrealized —

SLF SUN LIFE FINANCIAL INC. 1.4%

Value $70.96M (-28.8%) Shares 1,134,200 (-29.0%) Est. Cost — Unrealized —

PBA PEMBINA PIPELINE CORP 0.0%

Value $1.601M (-94.0%) Shares 35,764 (-94.9%) Est. Cost — Unrealized —

MFC MANULIFE FINL CORP 1.5%

Value $75.71M (-24.2%) Shares 2,198,400 (-20.1%) Est. Cost — Unrealized —

CVE CENOVUS ENERGY INC 1.3%

Value $66.99M (+43.3%) Shares 2,524,900 (-8.6%) Est. Cost — Unrealized —

RCI ROGERS COMMUNICATIONS INC 0.8%

Value $42.19M (-31.5%) Shares 1,097,381 (-32.8%) Est. Cost — Unrealized —

B BARRICK MNG CORP 0.4%

Value $21.44M (-47.1%) Shares 525,600 (-43.5%) Est. Cost — Unrealized —

VET VERMILION ENERGY INC 0.1%

Value $5.76M (-76.2%) Shares 418,000 (-85.6%) Est. Cost — Unrealized —

CNI CANADIAN NATL RY CO 0.4%

Value $20.84M (-46.3%) Shares 202,800 (-48.4%) Est. Cost — Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 1.1%

Value $55.9M (+38.9%) Shares 1,147,200 (-3.5%) Est. Cost — Unrealized —

TU TELUS CORPORATION 1.2%

Value $60.76M (-20.3%) Shares 4,735,500 (-18.2%) Est. Cost — Unrealized —

FTS FORTIS INC 0.1%

Value $4.469M (-77.1%) Shares 80,100 (-78.7%) Est. Cost — Unrealized —

PAAS PAN AMERN SILVER CORP 0.0%

Value $273K (-97.6%) Shares 4,992 (-97.7%) Est. Cost — Unrealized —

ENB ENBRIDGE INC 1.6%

Value $77.46M (-11.6%) Shares 1,430,800 (-21.9%) Est. Cost — Unrealized —

KGC KINROSS GOLD CORP 0.2%

Value $8.765M (-49.8%) Shares 287,200 (-53.7%) Est. Cost — Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value $8.463M (-50.2%) Shares 64,600 (-55.4%) Est. Cost — Unrealized —

B BARRICK MNG CORP 0.3%

Value $12.93M (-39.1%) Shares 316,900 (-35.0%) Est. Cost — Unrealized —

EQX EQUINOX GOLD CORP 0.1%

Value $3.54M (-67.7%) Shares 244,789 (-68.6%) Est. Cost — Unrealized —

CVE CENOVUS ENERGY INC 0.7%

Value $35.13M (+25.3%) Shares 1,324,300 (-20.1%) Est. Cost — Unrealized —

FTS FORTIS INC 0.0%

Value $1.573M (-81.5%) Shares 28,200 (-82.8%) Est. Cost — Unrealized —

AEM AGNICO EAGLE MINES LTD 0.9%

Value $42.5M (-13.3%) Shares 209,400 (-27.6%) Est. Cost — Unrealized —

AEM AGNICO EAGLE MINES LTD 1.1%

Value $55.39M (-10.1%) Shares 272,900 (-24.9%) Est. Cost — Unrealized —

TRP TC ENERGY CORP 1.1%

Value $56.45M (+12.1%) Shares 901,700 (-1.5%) Est. Cost — Unrealized —

PAAS PAN AMERN SILVER CORP 0.2%

Value $11.52M (-30.1%) Shares 210,800 (-33.7%) Est. Cost — Unrealized —

BN BROOKFIELD CORP 0.6%

Value $30.27M (-13.9%) Shares 748,000 (-2.4%) Est. Cost — Unrealized —

NEM NEWMONT CORP 0.0%

Value $628K (-88.1%) Shares 5,801 (-89.0%) Est. Cost — Unrealized —

IMO IMPERIAL OIL LTD 0.3%

Value $13.42M (+47.7%) Shares 102,600 (-2.6%) Est. Cost — Unrealized —

CNI CANADIAN NATL RY CO 0.0%

Value $2.221M (-66.1%) Shares 21,616 (-67.4%) Est. Cost — Unrealized —

KGC KINROSS GOLD CORP 0.0%

Value $2.402M (-62.9%) Shares 78,700 (-65.8%) Est. Cost — Unrealized —

SLF SUN LIFE FINANCIAL INC. 0.2%

Value $12.18M (-24.9%) Shares 194,641 (-25.1%) Est. Cost — Unrealized —

IAG IAMGOLD CORP 0.0%

Value $949K (-78.4%) Shares 50,400 (-81.0%) Est. Cost — Unrealized —

ENB ENBRIDGE INC 3.1%

Value $156M (+2.1%) Shares 2,883,200 (-9.8%) Est. Cost — Unrealized —

BTG B2GOLD CORP 0.0%

Value $1.165M (-73.3%) Shares 257,100 (-73.4%) Est. Cost — Unrealized —

RY ROYAL BK CDA 0.0%

Value $1.551M (-65.8%) Shares 9,586 (-64.0%) Est. Cost — Unrealized —

ORLA ORLA MNG LTD NEW 0.0%

Value $1.103M (-71.9%) Shares 68,400 (-76.5%) Est. Cost — Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value $9.629M (-22.6%) Shares 73,500 (-30.6%) Est. Cost — Unrealized —

WFG WEST FRASER TIMBER LTD 0.1%

Value $3.219M (-45.9%) Shares 49,300 (-49.4%) Est. Cost — Unrealized —

WFG WEST FRASER TIMBER LTD 0.0%

Value $303K (-89.0%) Shares 4,643 (-89.7%) Est. Cost — Unrealized —

KGC KINROSS GOLD CORP 0.1%

Value $3.558M (-40.3%) Shares 116,564 (-45.0%) Est. Cost — Unrealized —

GLXY GALAXY DIGITAL INC. 0.0%

Value $1.926M (-54.6%) Shares 104,400 (-44.9%) Est. Cost — Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 0.1%

Value $4.271M (-35.0%) Shares 54,300 (-39.2%) Est. Cost — Unrealized —

NEM NEWMONT CORP 0.0%

Value $206K (-91.3%) Shares 1,900 (-92.0%) Est. Cost — Unrealized —

VET VERMILION ENERGY INC 0.1%

Value $5.581M (-27.5%) Shares 405,024 (-56.1%) Est. Cost — Unrealized —

FNV FRANCO NEV CORP 0.5%

Value $26.61M (+8.1%) Shares 107,700 (-9.3%) Est. Cost — Unrealized —

NXE NEXGEN ENERGY LTD 0.0%

Value $698K (-74.0%) Shares 60,177 (-79.4%) Est. Cost — Unrealized —

BEPC BROOKFIELD RENEWABLE CORP 0.0%

Value $825K (-69.9%) Shares 20,720 (-71.1%) Est. Cost — Unrealized —

AGI ALAMOS GOLD INC 0.1%

Value $3.172M (-36.1%) Shares 71,400 (-44.5%) Est. Cost — Unrealized —

LSPD LIGHTSPEED COMMERCE INC 0.0%

Value $282K (-85.4%) Shares 31,500 (-80.4%) Est. Cost — Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.0%

Value $1.546M (-50.9%) Shares 34,775 (-42.1%) Est. Cost — Unrealized —

HUT HUT 8 CORP 0.2%

Value $10.57M (-12.7%) Shares 225,300 (-14.5%) Est. Cost — Unrealized —

BCE BCE INC 2.4%

Value $120M (-1.2%) Shares 4,747,600 (-6.8%) Est. Cost — Unrealized —

BIP BROOKFIELD INFRASTRUCTURE PA 0.0%

Value $308K (-80.7%) Shares 8,535 (-81.4%) Est. Cost — Unrealized —

RBA RB GLOBAL INC 0.1%

Value $4.812M (-18.9%) Shares 50,200 (-13.0%) Est. Cost — Unrealized —

FSM FORTUNA MNG CORP 0.0%

Value $800K (-57.7%) Shares 80,614 (-58.2%) Est. Cost — Unrealized —

TFII TRANSFORCE INC 0.1%

Value $3.482M (-22.9%) Shares 32,058 (-26.7%) Est. Cost — Unrealized —

BTE BAYTEX ENERGY CORP 0.0%

Value $1.427M (-37.7%) Shares 319,160 (-55.0%) Est. Cost — Unrealized —

EQX EQUINOX GOLD CORP 0.0%

Value $1.15M (-42.8%) Shares 79,500 (-44.4%) Est. Cost — Unrealized —

NEM NEWMONT CORP 0.0%

Value $271K (-76.0%) Shares 2,500 (-77.9%) Est. Cost — Unrealized —

GOOS CANADA GOOSE HLDGS INC 0.0%

Value $500K (-62.8%) Shares 45,600 (-56.1%) Est. Cost — Unrealized —

EGO ELDORADO GOLD CORP NEW 0.0%

Value $2.304M (-22.8%) Shares 67,117 (-19.2%) Est. Cost — Unrealized —

TAC TRANSALTA CORP 0.2%

Value $10.32M (-5.7%) Shares 787,900 (-9.0%) Est. Cost — Unrealized —

GIL GILDAN ACTIVEWEAR INC 0.0%

Value $584K (-51.0%) Shares 10,500 (-45.0%) Est. Cost — Unrealized —

DSGX DESCARTES SYS GROUP INC 0.0%

Value $1.26M (-29.7%) Shares 17,606 (-13.9%) Est. Cost — Unrealized —

CGAU CENTERRA GOLD INC 0.0%

Value $1.487M (-25.6%) Shares 83,596 (-39.9%) Est. Cost — Unrealized —

HUT HUT 8 CORP 0.1%

Value $5.202M (-8.7%) Shares 110,900 (-10.6%) Est. Cost — Unrealized —

AG FIRST MAJESTIC SILVER CORP 0.2%

Value $8.552M (-5.3%) Shares 398,147 (-26.5%) Est. Cost — Unrealized —

SVM SILVERCORP METALS INC 0.0%

Value $2.361M (+24.6%) Shares 219,828 (-3.2%) Est. Cost — Unrealized —

CAE CAE INC 0.0%

Value $255K (-63.2%) Shares 9,800 (-57.0%) Est. Cost — Unrealized —

TAC TRANSALTA CORP 0.1%

Value $5.233M (-7.7%) Shares 399,500 (-10.9%) Est. Cost — Unrealized —

CAE CAE INC 0.0%

Value $768K (-36.1%) Shares 29,482 (-25.4%) Est. Cost — Unrealized —

DSGX DESCARTES SYS GROUP INC 0.0%

Value $1.274M (-23.9%) Shares 17,800 (-6.8%) Est. Cost — Unrealized —

SA SEABRIDGE GOLD INC 0.0%

Value $932K (-29.5%) Shares 32,900 (-26.4%) Est. Cost — Unrealized —

GOOS CANADA GOOSE HLDGS INC 0.0%

Value $214K (-63.0%) Shares 19,500 (-56.3%) Est. Cost — Unrealized —

CVE CENOVUS ENERGY INC 0.0%

Value $1.519M (-18.3%) Shares 57,259 (-47.9%) Est. Cost — Unrealized —

CGC CANOPY GROWTH CORPORATION 0.0%

Value $284K (-53.7%) Shares 298,500 (-44.4%) Est. Cost — Unrealized —

BHC BAUSCH HEALTH COS INC 0.0%

Value $787K (-29.4%) Shares 145,800 (-9.1%) Est. Cost — Unrealized —

PDS PRECISION DRILLING CORP 0.0%

Value $2.273M (-11.2%) Shares 23,100 (-35.1%) Est. Cost — Unrealized —

CGC CANOPY GROWTH CORPORATION 0.0%

Value $442K (-39.2%) Shares 465,000 (-27.0%) Est. Cost — Unrealized —

OR OR ROYALTIES INC. 0.0%

Value $1.973M (-11.9%) Shares 51,900 (-18.0%) Est. Cost — Unrealized —

DOO BRP INC 0.0%

Value $1.178M (-18.4%) Shares 16,400 (-19.6%) Est. Cost — Unrealized —

EMA EMERA INC 0.0%

Value $1.426M (-14.3%) Shares 27,500 (-18.6%) Est. Cost — Unrealized —

BEP BROOKFIELD RENEWABLE ENERGY 0.1%

Value $7.137M (+3.2%) Shares 218,648 (-14.7%) Est. Cost — Unrealized —

LSPD LIGHTSPEED COMMERCE INC 0.0%

Value $284K (-40.0%) Shares 31,698 (-19.2%) Est. Cost — Unrealized —

FSM FORTUNA MNG CORP 0.0%

Value $710K (-20.5%) Shares 71,500 (-21.4%) Est. Cost — Unrealized —

UUUU ENERGY FUELS INC 0.0%

Value $1.521M (+13.4%) Shares 83,331 (-9.6%) Est. Cost — Unrealized —

CRON CRONOS GROUP INC 0.0%

Value $38,654 (-80.6%) Shares 15,400 (-79.7%) Est. Cost — Unrealized —

LAC LITHIUM AMERS CORP NEW 0.0%

Value $194K (-45.2%) Shares 49,200 (-39.5%) Est. Cost — Unrealized —

SA SEABRIDGE GOLD INC 0.0%

Value $1.391M (-9.0%) Shares 49,100 (-5.0%) Est. Cost — Unrealized —

ACB AURORA CANNABIS INC 0.0%

Value $311K (-29.3%) Shares 95,200 (-8.8%) Est. Cost — Unrealized —

ACB AURORA CANNABIS INC 0.0%

Value $137K (-47.2%) Shares 42,034 (-31.9%) Est. Cost — Unrealized —

ATS ATS CORPORATION 0.0%

Value $612K (-15.5%) Shares 21,700 (-17.5%) Est. Cost — Unrealized —

BTE BAYTEX ENERGY CORP 0.0%

Value $369K (-22.7%) Shares 82,500 (-44.1%) Est. Cost — Unrealized —

CAE CAE INC 0.0%

Value $201K (-34.7%) Shares 7,700 (-23.8%) Est. Cost — Unrealized —

OBE OBSIDIAN ENERGY LTD 0.0%

Value $347K (+41.7%) Shares 36,648 (-8.3%) Est. Cost — Unrealized —

SSRM SSR MINING IN 0.0%

Value $582K (+19.6%) Shares 19,795 (-10.8%) Est. Cost — Unrealized —

IMO IMPERIAL OIL LTD 0.0%

Value $1.799M (+5.6%) Shares 13,749 (-30.3%) Est. Cost — Unrealized —

ACB AURORA CANNABIS INC 0.0%

Value $40,548 (-66.9%) Shares 12,400 (-57.2%) Est. Cost — Unrealized —

BIP BROOKFIELD INFRASTRUCTURE PA 0.5%

Value $24.59M (+0.3%) Shares 680,700 (-3.5%) Est. Cost — Unrealized —

ATS ATS CORPORATION 0.0%

Value $741K (-8.3%) Shares 26,275 (-10.5%) Est. Cost — Unrealized —

STKL SUNOPTA INC 0.0%

Value $215K (+44.8%) Shares 33,222 (-15.1%) Est. Cost — Unrealized —

AQN ALGONQUIN POWER & UTILITIES 0.0%

Value $1.538M (-4.0%) Shares 250,563 (-3.9%) Est. Cost — Unrealized —

IAG IAMGOLD CORP 0.0%

Value $849K (+7.7%) Shares 45,100 (-5.6%) Est. Cost — Unrealized —

BLDP BALLARD PWR SYS INC NEW 0.0%

Value $59,624 (-49.3%) Shares 24,638 (-46.8%) Est. Cost — Unrealized —

ASTL ALGOMA STL GROUP INC 0.0%

Value $350K (-14.1%) Shares 84,800 (-14.7%) Est. Cost — Unrealized —

STN STANTEC INC 0.0%

Value $241K (-18.8%) Shares 2,795 (-11.3%) Est. Cost — Unrealized —

LAC LITHIUM AMERS CORP NEW 0.0%

Value $419K (-11.0%) Shares 106,000 (-1.8%) Est. Cost — Unrealized —

EQX EQUINOX GOLD CORP 0.1%

Value $3.491M (+1.4%) Shares 241,400 (-1.6%) Est. Cost — Unrealized —

BLDP BALLARD PWR SYS INC NEW 0.0%

Value $95,832 (-28.8%) Shares 39,600 (-25.3%) Est. Cost — Unrealized —

EXK ENDEAVOUR SILVER CORP 0.0%

Value $559K (-5.8%) Shares 60,000 (-4.9%) Est. Cost — Unrealized —

AGI ALAMOS GOLD INC 0.0%

Value $640K (+5.1%) Shares 14,396 (-8.7%) Est. Cost — Unrealized —

EMA EMERA INC 0.4%

Value $17.68M (-0.2%) Shares 340,800 (-5.2%) Est. Cost — Unrealized —

DOO BRP INC 0.0%

Value $474K (-2.9%) Shares 6,600 (-4.3%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BCE	BCE INC	2,109,200 (-64.2%)	$53.24M (-62.1%)	1.1%	—	—	CALL	05534B760
CM	CANADIAN IMPERIAL BANK OF CO	1,332,800 (-39.3%)	$126M (-36.5%)	2.5%	—	—	PUT	136069101
BMO	BANK MONTREAL MEDIUM	1,671,900 (-24.5%)	$226M (-21.3%)	4.5%	—	—	PUT	063671101
TD	TORONTO DOMINION BK ONT	1,307,900 (-32.1%)	$122M (-32.7%)	2.4%	—	—	PUT	891160509
BNS	BANK NOVA SCOTIA B C	1,968,400 (-24.8%)	$136M (-29.3%)	2.7%	—	—	PUT	064149107
TD	TORONTO DOMINION BK ONT	384,200 (-60.2%)	$35.85M (-60.6%)	0.7%	—	—	CALL	891160509
BMO	BANK MONTREAL MEDIUM	490,000 (-47.0%)	$66.32M (-44.8%)	1.3%	—	—	CALL	063671101
SU	SUNCOR ENERGY INC NEW	2,972,600 (-10.8%)	$197M (+33.0%)	3.9%	—	—	PUT	867224107
TRP	TC ENERGY CORP	2,219,800 (-35.0%)	$139M (-26.0%)	2.8%	—	—	PUT	87807B107
RY	ROYAL BK CDA	1,062,300 (-17.0%)	$172M (-21.3%)	3.4%	—	—	CALL	780087102
RY	ROYAL BK CDA	1,224,600 (-12.6%)	$198M (-17.1%)	4.0%	—	—	PUT	780087102
CNQ	CANADIAN NAT RES LTD MED TER	3,052,500 (-6.9%)	$149M (+34.0%)	3.0%	—	—	PUT	136385101
PBA	PEMBINA PIPELINE CORP	922,300 (-55.2%)	$41.28M (-47.4%)	0.8%	—	—	PUT	706327103
ENB	ENBRIDGE INC	246,700 (-76.4%)	$13.36M (-73.3%)	0.3%	—	—	COM	29250N105
BNS	BANK NOVA SCOTIA B C	1,660,400 (-18.7%)	$115M (-23.6%)	2.3%	—	—	CALL	064149107
RCI	ROGERS COMMUNICATIONS INC	7,058,600 (-12.6%)	$271M (-11.0%)	5.4%	—	—	PUT	775109200
SLF	SUN LIFE FINANCIAL INC.	1,134,200 (-29.0%)	$70.96M (-28.8%)	1.4%	—	—	PUT	866796105
PBA	PEMBINA PIPELINE CORP	35,764 (-94.9%)	$1.601M (-94.0%)	0.0%	—	—	COM	706327103
MFC	MANULIFE FINL CORP	2,198,400 (-20.1%)	$75.71M (-24.2%)	1.5%	—	—	PUT	56501R106
CVE	CENOVUS ENERGY INC	2,524,900 (-8.6%)	$66.99M (+43.3%)	1.3%	—	—	PUT	15135U109
RCI	ROGERS COMMUNICATIONS INC	1,097,381 (-32.8%)	$42.19M (-31.5%)	0.8%	—	—	CL B	775109200
B	BARRICK MNG CORP	525,600 (-43.5%)	$21.44M (-47.1%)	0.4%	—	—	CALL	06849F108
VET	VERMILION ENERGY INC	418,000 (-85.6%)	$5.76M (-76.2%)	0.1%	—	—	PUT	923725105
CNI	CANADIAN NATL RY CO	202,800 (-48.4%)	$20.84M (-46.3%)	0.4%	—	—	CALL	136375102
CNQ	CANADIAN NAT RES LTD MED TER	1,147,200 (-3.5%)	$55.9M (+38.9%)	1.1%	—	—	CALL	136385101
TU	TELUS CORPORATION	4,735,500 (-18.2%)	$60.76M (-20.3%)	1.2%	—	—	CALL	87971M103
FTS	FORTIS INC	80,100 (-78.7%)	$4.469M (-77.1%)	0.1%	—	—	CALL	349553107
PAAS	PAN AMERN SILVER CORP	4,992 (-97.7%)	$273K (-97.6%)	0.0%	—	—	COM	697900108
ENB	ENBRIDGE INC	1,430,800 (-21.9%)	$77.46M (-11.6%)	1.6%	—	—	CALL	29250N105
KGC	KINROSS GOLD CORP	287,200 (-53.7%)	$8.765M (-49.8%)	0.2%	—	—	CALL	496902404
WPM	WHEATON PRECIOUS METALS CORP	64,600 (-55.4%)	$8.463M (-50.2%)	0.2%	—	—	CALL	962879102
B	BARRICK MNG CORP	316,900 (-35.0%)	$12.93M (-39.1%)	0.3%	—	—	PUT	06849F108
EQX	EQUINOX GOLD CORP	244,789 (-68.6%)	$3.54M (-67.7%)	0.1%	—	—	COM	29446Y502
CVE	CENOVUS ENERGY INC	1,324,300 (-20.1%)	$35.13M (+25.3%)	0.7%	—	—	CALL	15135U109
FTS	FORTIS INC	28,200 (-82.8%)	$1.573M (-81.5%)	0.0%	—	—	PUT	349553107
AEM	AGNICO EAGLE MINES LTD	209,400 (-27.6%)	$42.5M (-13.3%)	0.9%	—	—	PUT	008474108
AEM	AGNICO EAGLE MINES LTD	272,900 (-24.9%)	$55.39M (-10.1%)	1.1%	—	—	CALL	008474108
TRP	TC ENERGY CORP	901,700 (-1.5%)	$56.45M (+12.1%)	1.1%	—	—	CALL	87807B107
PAAS	PAN AMERN SILVER CORP	210,800 (-33.7%)	$11.52M (-30.1%)	0.2%	—	—	CALL	697900108
BN	BROOKFIELD CORP	748,000 (-2.4%)	$30.27M (-13.9%)	0.6%	—	—	CALL	11271J107
NEM	NEWMONT CORP	5,801 (-89.0%)	$628K (-88.1%)	0.0%	—	—	COM	651639106
IMO	IMPERIAL OIL LTD	102,600 (-2.6%)	$13.42M (+47.7%)	0.3%	—	—	CALL	453038408
CNI	CANADIAN NATL RY CO	21,616 (-67.4%)	$2.221M (-66.1%)	0.0%	—	—	COM	136375102
KGC	KINROSS GOLD CORP	78,700 (-65.8%)	$2.402M (-62.9%)	0.0%	—	—	PUT	496902404
SLF	SUN LIFE FINANCIAL INC.	194,641 (-25.1%)	$12.18M (-24.9%)	0.2%	—	—	COM	866796105
IAG	IAMGOLD CORP	50,400 (-81.0%)	$949K (-78.4%)	0.0%	—	—	CALL	450913108
ENB	ENBRIDGE INC	2,883,200 (-9.8%)	$156M (+2.1%)	3.1%	—	—	PUT	29250N105
BTG	B2GOLD CORP	257,100 (-73.4%)	$1.165M (-73.3%)	0.0%	—	—	CALL	11777Q209
RY	ROYAL BK CDA	9,586 (-64.0%)	$1.551M (-65.8%)	0.0%	—	—	COM	780087102
ORLA	ORLA MNG LTD NEW	68,400 (-76.5%)	$1.103M (-71.9%)	0.0%	—	—	CALL	68634K106
WPM	WHEATON PRECIOUS METALS CORP	73,500 (-30.6%)	$9.629M (-22.6%)	0.2%	—	—	PUT	962879102
WFG	WEST FRASER TIMBER LTD	49,300 (-49.4%)	$3.219M (-45.9%)	0.1%	—	—	CALL	952845105
WFG	WEST FRASER TIMBER LTD	4,643 (-89.7%)	$303K (-89.0%)	0.0%	—	—	COM	952845105
KGC	KINROSS GOLD CORP	116,564 (-45.0%)	$3.558M (-40.3%)	0.1%	—	—	COM	496902404
GLXY	GALAXY DIGITAL INC.	104,400 (-44.9%)	$1.926M (-54.6%)	0.0%	—	—	CALL	36317J209
CP	CANADIAN PACIFIC KANSAS CITY	54,300 (-39.2%)	$4.271M (-35.0%)	0.1%	—	—	PUT	13646K108
NEM	NEWMONT CORP	1,900 (-92.0%)	$206K (-91.3%)	0.0%	—	—	CALL	651639106
VET	VERMILION ENERGY INC	405,024 (-56.1%)	$5.581M (-27.5%)	0.1%	—	—	COM	923725105
FNV	FRANCO NEV CORP	107,700 (-9.3%)	$26.61M (+8.1%)	0.5%	—	—	CALL	351858105
NXE	NEXGEN ENERGY LTD	60,177 (-79.4%)	$698K (-74.0%)	0.0%	—	—	COM	65340P106
BEPC	BROOKFIELD RENEWABLE CORP	20,720 (-71.1%)	$825K (-69.9%)	0.0%	—	—	CL A EX SUB VTG	11285B108
AGI	ALAMOS GOLD INC	71,400 (-44.5%)	$3.172M (-36.1%)	0.1%	—	—	CALL	011532108
LSPD	LIGHTSPEED COMMERCE INC	31,500 (-80.4%)	$282K (-85.4%)	0.0%	—	—	CALL	53229C107
BAM	BROOKFIELD ASSET MANAGMT LTD	34,775 (-42.1%)	$1.546M (-50.9%)	0.0%	—	—	CL A LMT VTG SHS	113004105
HUT	HUT 8 CORP	225,300 (-14.5%)	$10.57M (-12.7%)	0.2%	—	—	CALL	44812J104
BCE	BCE INC	4,747,600 (-6.8%)	$120M (-1.2%)	2.4%	—	—	PUT	05534B760
BIP	BROOKFIELD INFRASTRUCTURE PA	8,535 (-81.4%)	$308K (-80.7%)	0.0%	—	—	LP INT UNIT	G16252101
RBA	RB GLOBAL INC	50,200 (-13.0%)	$4.812M (-18.9%)	0.1%	—	—	CALL	74935Q107
FSM	FORTUNA MNG CORP	80,614 (-58.2%)	$800K (-57.7%)	0.0%	—	—	COM NEW	349942102
TFII	TRANSFORCE INC	32,058 (-26.7%)	$3.482M (-22.9%)	0.1%	—	—	COM	87241L109
BTE	BAYTEX ENERGY CORP	319,160 (-55.0%)	$1.427M (-37.7%)	0.0%	—	—	COM	07317Q105
EQX	EQUINOX GOLD CORP	79,500 (-44.4%)	$1.15M (-42.8%)	0.0%	—	—	PUT	29446Y502
NEM	NEWMONT CORP	2,500 (-77.9%)	$271K (-76.0%)	0.0%	—	—	PUT	651639106
GOOS	CANADA GOOSE HLDGS INC	45,600 (-56.1%)	$500K (-62.8%)	0.0%	—	—	CALL	135086106
EGO	ELDORADO GOLD CORP NEW	67,117 (-19.2%)	$2.304M (-22.8%)	0.0%	—	—	COM	284902509
TAC	TRANSALTA CORP	787,900 (-9.0%)	$10.32M (-5.7%)	0.2%	—	—	CALL	89346D107
GIL	GILDAN ACTIVEWEAR INC	10,500 (-45.0%)	$584K (-51.0%)	0.0%	—	—	CALL	375916103
DSGX	DESCARTES SYS GROUP INC	17,606 (-13.9%)	$1.26M (-29.7%)	0.0%	—	—	COM	249906108
CGAU	CENTERRA GOLD INC	83,596 (-39.9%)	$1.487M (-25.6%)	0.0%	—	—	COM	152006102
HUT	HUT 8 CORP	110,900 (-10.6%)	$5.202M (-8.7%)	0.1%	—	—	PUT	44812J104
AG	FIRST MAJESTIC SILVER CORP	398,147 (-26.5%)	$8.552M (-5.3%)	0.2%	—	—	COM	32076V103
SVM	SILVERCORP METALS INC	219,828 (-3.2%)	$2.361M (+24.6%)	0.0%	—	—	COM	82835P103
CAE	CAE INC	9,800 (-57.0%)	$255K (-63.2%)	0.0%	—	—	CALL	124765108
TAC	TRANSALTA CORP	399,500 (-10.9%)	$5.233M (-7.7%)	0.1%	—	—	PUT	89346D107
CAE	CAE INC	29,482 (-25.4%)	$768K (-36.1%)	0.0%	—	—	COM	124765108
DSGX	DESCARTES SYS GROUP INC	17,800 (-6.8%)	$1.274M (-23.9%)	0.0%	—	—	CALL	249906108
SA	SEABRIDGE GOLD INC	32,900 (-26.4%)	$932K (-29.5%)	0.0%	—	—	CALL	811916105
GOOS	CANADA GOOSE HLDGS INC	19,500 (-56.3%)	$214K (-63.0%)	0.0%	—	—	PUT	135086106
CVE	CENOVUS ENERGY INC	57,259 (-47.9%)	$1.519M (-18.3%)	0.0%	—	—	COM	15135U109
CGC	CANOPY GROWTH CORPORATION	298,500 (-44.4%)	$284K (-53.7%)	0.0%	—	—	CALL	138035704
BHC	BAUSCH HEALTH COS INC	145,800 (-9.1%)	$787K (-29.4%)	0.0%	—	—	PUT	071734107
PDS	PRECISION DRILLING CORP	23,100 (-35.1%)	$2.273M (-11.2%)	0.0%	—	—	PUT	74022D407
CGC	CANOPY GROWTH CORPORATION	465,000 (-27.0%)	$442K (-39.2%)	0.0%	—	—	PUT	138035704
OR	OR ROYALTIES INC.	51,900 (-18.0%)	$1.973M (-11.9%)	0.0%	—	—	PUT	68390D106
DOO	BRP INC	16,400 (-19.6%)	$1.178M (-18.4%)	0.0%	—	—	CALL	05577W200
EMA	EMERA INC	27,500 (-18.6%)	$1.426M (-14.3%)	0.0%	—	—	PUT	290876101
BEP	BROOKFIELD RENEWABLE ENERGY	218,648 (-14.7%)	$7.137M (+3.2%)	0.1%	—	—	PARTNERSHIP UNIT	G16258108
LSPD	LIGHTSPEED COMMERCE INC	31,698 (-19.2%)	$284K (-40.0%)	0.0%	—	—	SUB VTG SHS	53229C107
FSM	FORTUNA MNG CORP	71,500 (-21.4%)	$710K (-20.5%)	0.0%	—	—	PUT	349942102
UUUU	ENERGY FUELS INC	83,331 (-9.6%)	$1.521M (+13.4%)	0.0%	—	—	COM NEW	292671708
CRON	CRONOS GROUP INC	15,400 (-79.7%)	$38,654 (-80.6%)	0.0%	—	—	CALL	22717L101
LAC	LITHIUM AMERS CORP NEW	49,200 (-39.5%)	$194K (-45.2%)	0.0%	—	—	PUT	53681J103
SA	SEABRIDGE GOLD INC	49,100 (-5.0%)	$1.391M (-9.0%)	0.0%	—	—	PUT	811916105
ACB	AURORA CANNABIS INC	95,200 (-8.8%)	$311K (-29.3%)	0.0%	—	—	CALL	05156X850
ACB	AURORA CANNABIS INC	42,034 (-31.9%)	$137K (-47.2%)	0.0%	—	—	COM	05156X850
ATS	ATS CORPORATION	21,700 (-17.5%)	$612K (-15.5%)	0.0%	—	—	CALL	00217Y104
BTE	BAYTEX ENERGY CORP	82,500 (-44.1%)	$369K (-22.7%)	0.0%	—	—	PUT	07317Q105
CAE	CAE INC	7,700 (-23.8%)	$201K (-34.7%)	0.0%	—	—	PUT	124765108
OBE	OBSIDIAN ENERGY LTD	36,648 (-8.3%)	$347K (+41.7%)	0.0%	—	—	COM	674482203
SSRM	SSR MINING IN	19,795 (-10.8%)	$582K (+19.6%)	0.0%	—	—	COM	784730103
IMO	IMPERIAL OIL LTD	13,749 (-30.3%)	$1.799M (+5.6%)	0.0%	—	—	COM NEW	453038408
ACB	AURORA CANNABIS INC	12,400 (-57.2%)	$40,548 (-66.9%)	0.0%	—	—	PUT	05156X850
BIP	BROOKFIELD INFRASTRUCTURE PA	680,700 (-3.5%)	$24.59M (+0.3%)	0.5%	—	—	CALL	G16252101
ATS	ATS CORPORATION	26,275 (-10.5%)	$741K (-8.3%)	0.0%	—	—	COM	00217Y104
STKL	SUNOPTA INC	33,222 (-15.1%)	$215K (+44.8%)	0.0%	—	—	COM	8676EP108
AQN	ALGONQUIN POWER & UTILITIES	250,563 (-3.9%)	$1.538M (-4.0%)	0.0%	—	—	COM	015857105
IAG	IAMGOLD CORP	45,100 (-5.6%)	$849K (+7.7%)	0.0%	—	—	PUT	450913108
BLDP	BALLARD PWR SYS INC NEW	24,638 (-46.8%)	$59,624 (-49.3%)	0.0%	—	—	COM	058586108
ASTL	ALGOMA STL GROUP INC	84,800 (-14.7%)	$350K (-14.1%)	0.0%	—	—	PUT	015658107
STN	STANTEC INC	2,795 (-11.3%)	$241K (-18.8%)	0.0%	—	—	COM	85472N109
LAC	LITHIUM AMERS CORP NEW	106,000 (-1.8%)	$419K (-11.0%)	0.0%	—	—	CALL	53681J103
EQX	EQUINOX GOLD CORP	241,400 (-1.6%)	$3.491M (+1.4%)	0.1%	—	—	CALL	29446Y502
BLDP	BALLARD PWR SYS INC NEW	39,600 (-25.3%)	$95,832 (-28.8%)	0.0%	—	—	PUT	058586108
EXK	ENDEAVOUR SILVER CORP	60,000 (-4.9%)	$559K (-5.8%)	0.0%	—	—	PUT	29258Y103
AGI	ALAMOS GOLD INC	14,396 (-8.7%)	$640K (+5.1%)	0.0%	—	—	COM CL A	011532108
EMA	EMERA INC	340,800 (-5.2%)	$17.68M (-0.2%)	0.4%	—	—	CALL	290876101
DOO	BRP INC	6,600 (-4.3%)	$474K (-2.9%)	0.0%	—	—	PUT	05577W200

Unchanged Positions (6)

CP CANADIAN PACIFIC KANSAS CITY 0.4%

Value $19.89M Shares 252,900 Est. Cost — Unrealized —

BIP BROOKFIELD INFRASTRUCTURE PA 0.6%

Value $28.89M Shares 799,900 Est. Cost — Unrealized —

RCI ROGERS COMMUNICATIONS INC 1.5%

Value $76.47M Shares 1,988,700 Est. Cost — Unrealized —

PRMB PRIMO BRANDS CORPORATION 0.0%

Value $928K Shares 49,257 Est. Cost — Unrealized —

CGC CANOPY GROWTH CORPORATION 0.0%

Value $442K Shares 465,493 Est. Cost — Unrealized —

VFF VILLAGE FARMS INTL INC 0.0%

Value $45,977 Shares 16,189 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CP	CANADIAN PACIFIC KANSAS CITY	252,900	$19.89M	0.4%	—	—	CALL	13646K108
BIP	BROOKFIELD INFRASTRUCTURE PA	799,900	$28.89M	0.6%	—	—	PUT	G16252101
RCI	ROGERS COMMUNICATIONS INC	1,988,700	$76.47M	1.5%	—	—	CALL	775109200
PRMB	PRIMO BRANDS CORPORATION	49,257	$928K	0.0%	—	—	CLASS A COM SHS	741623102
CGC	CANOPY GROWTH CORPORATION	465,493	$442K	0.0%	—	—	COM NEW	138035704
VFF	VILLAGE FARMS INTL INC	16,189	$45,977	0.0%	—	—	COM	92707Y108