Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BB	BLACKBERRY LTD	334,000	$4.211M	8.2%	$12.61	—	COM	09228F103
CLS	CELESTICA INC	3,000	$1.093M	2.1%	$364.34	—	COM	15101Q207
AIP	ARTERIS INC	22,100	$1.074M	2.1%	$48.59	—	COM	04302A104
BTE	BAYTEX ENERGY CORP	259,000	$1.038M	2.0%	$4.01	—	COM	07317Q105
SVM	SILVERCORP METALS INC	82,000	$829K	1.6%	$10.12	—	COM	82835P103
AMBQ	AMBIQ MICRO INC	8,800	$777K	1.5%	$88.30	—	COMMON STOCK	023193105
CVE	CENOVUS ENERGY INC	28,000	$694K	1.4%	$24.79	—	COM	15135U109
SOBO	SOUTH BOW CORP	17,000	$598K	1.2%	$35.19	—	COM	83671M105
PAAS	PAN AMERN SILVER CORP	13,000	$582K	1.1%	$44.79	—	COM	697900108
DBX	DROPBOX INC	21,000	$577K	1.1%	$27.47	—	CL A	26210C104
FSM	FORTUNA MNG CORP	45,000	$380K	0.7%	$8.45	—	COM NEW	349942102
DGII	DIGI INTL INC	5,000	$375K	0.7%	$74.95	—	COM	253798102
FSLY	FASTLY INC	18,500	$340K	0.7%	$18.36	—	CL A	31188V100
DBD	DIEBOLD NIXDORF INC	3,600	$306K	0.6%	$85.02	—	COM SHS	253651202
SVCO	SILVACO GROUP INC	21,974	$303K	0.6%	$13.79	—	COM	82728C102
DOCN	DIGITALOCEAN HLDGS INC	1,700	$267K	0.5%	$157.03	—	COM	25402D102
BTDR	BITDEER TECHNOLOGIES GROUP	15,200	$241K	0.5%	$15.87	—	CL A ORD SHS	G11448100
KYTX	KYVERNA THERAPEUTICS INC	25,100	$224K	0.4%	$8.91	—	COM	501976104
HBM	HUDBAY MINERALS INC	9,000	$212K	0.4%	$23.59	—	COM	443628102
OSS	ONE STOP SYS INC	11,400	$207K	0.4%	$18.18	—	COM	68247W109
OSPN	ONESPAN INC	13,300	$191K	0.4%	$14.35	—	COM	68287N100
CRSR	CORSAIR GAMING INC	19,100	$185K	0.4%	$9.67	—	COM	22041X102
CLYM	CLIMB BIO INC	13,600	$177K	0.3%	$13.04	—	COM	28658R106
ARTV	ARTIVA BIOTHERAPEUTICS INC	16,500	$160K	0.3%	$9.70	—	COM	04317A107
IPSC	CENTURY THERAPEUTICS INC	59,000	$145K	0.3%	$2.45	—	COM	15673T100
PBYI	PUMA BIOTECHNOLOGY INC	17,000	$138K	0.3%	$8.11	—	COM	74587V107
GCTS	GCT SEMICONDUCTOR HLDG INC	37,100	$110K	0.2%	$2.97	—	COMMON STOCK	36170N107
OVID	OVID THERAPEUTICS INC	31,800	$85,542	0.2%	$2.69	—	COM	690469101
MGNX	MACROGENICS INC	17,200	$79,464	0.2%	$4.62	—	COM	556099109
CRON	CRONOS GROUP INC	28,000	$77,315	0.2%	$2.76	—	COM	22717L101
AVIR	ATEA PHARMACEUTICALS INC	16,200	$75,330	0.1%	$4.65	—	COM	04683R106
LXEO	LEXEO THERAPEUTICS INC	15,000	$69,825	0.1%	$4.66	—	COM	52886X107
ZNTL	ZENTALIS PHARMACEUTICALS INC	12,500	$60,625	0.1%	$4.85	—	COM	98943L107
PRLD	PRELUDE THERAPEUTICS INC	10,600	$56,498	0.1%	$5.33	—	COM	74065P101
ACRV	ACRIVON THERAPEUTICS INC	28,300	$50,374	0.1%	$1.78	—	COMMON STOCK	004890109
VYGR	VOYAGER THERAPEUTICS INC	13,500	$47,250	0.1%	$3.50	—	COM	92915B106
BZAI	BLAIZE HLDGS INC	30,400	$41,952	0.1%	$1.38	—	COM	092915107
CRBU	CARIBOU BIOSCIENCES INC	23,600	$41,536	0.1%	$1.76	—	COM	142038108
ABOS	ACUMEN PHARMACEUTICALS INC	14,700	$39,249	0.1%	$2.67	—	COM	00509G209
NKTX	NKARTA INC	11,700	$33,111	0.1%	$2.83	—	COM	65487U108
IKT	INHIBIKASE THERAPEUTICS INC	15,500	$31,465	0.1%	$2.03	—	COM NEW	45719W205
BDTX	BLACK DIAMOND THERAPEUTICS I	15,500	$28,675	0.1%	$1.85	—	COM	09203E105
CRNT	CERAGON NETWORKS LTD	10,411	$26,964	0.1%	$2.59	—	ORD	M22013102
TNYA	TENAYA THERAPEUTICS INC	35,500	$26,238	0.1%	$0.74	—	COM	87990A106
PLRX	PLIANT THERAPEUTICS INC	22,600	$25,764	0.1%	$1.14	—	COM	729139105
CHRS	COHERUS ONCOLOGY INC	17,800	$24,920	0.0%	$1.40	—	COM	19249H103
IBIO	IBIO INC	13,500	$23,625	0.0%	$1.75	—	COM NEW	451033708
MXCT	MAXCYTE INC	15,900	$19,557	0.0%	$1.23	—	COM	57777K106
CYPH	CYPHERPUNK TECHNOLOGIES INC	25,900	$15,859	0.0%	$0.61	—	COM NEW	52187K200

Increased Positions (3)

B BARRICK MNG CORP 3.6%

Value $1.837M (+18.3%) Shares 50,000 (+31.6%) Est. Cost $45.52 Unrealized —

GOOS CANADA GOOSE HLDGS INC 1.1%

Value $549K (+31.5%) Shares 58,000 (+52.6%) Est. Cost $11.71 Unrealized —

OBE OBSIDIAN ENERGY LTD 2.1%

Value $1.088M (+6.0%) Shares 133,000 (+23.1%) Est. Cost $6.53 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
B	BARRICK MNG CORP	50,000 (+31.6%)	$1.837M (+18.3%)	3.6%	$45.52	—	COM SHS	06849F108
GOOS	CANADA GOOSE HLDGS INC	58,000 (+52.6%)	$549K (+31.5%)	1.1%	$11.71	—	SHS SUB VTG	135086106
OBE	OBSIDIAN ENERGY LTD	133,000 (+23.1%)	$1.088M (+6.0%)	2.1%	$6.53	—	COM	674482203

Exited Positions (5)

DOO BRP INC 3.6%

Value $1.868M Shares 26,000 Est. Cost $70.49 Unrealized —

DCBO DOCEBO INC 0.9%

Value $473K Shares 27,000 Est. Cost $19.32 Unrealized —

MGA MAGNA INTL INC 0.9%

Value $447K Shares 8,000 Est. Cost $57.24 Unrealized —

RCI ROGERS COMMUNICATIONS INC 0.7%

Value $346K Shares 9,000 Est. Cost $37.35 Unrealized —

EGO ELDORADO GOLD CORP NEW 0.4%

Value $206K Shares 6,000 Est. Cost $42.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DOO	BRP INC	26,000	$1.868M	3.6%	$70.49	—	—	05577W200
DCBO	DOCEBO INC	27,000	$473K	0.9%	$19.32	—	—	25609L105
MGA	MAGNA INTL INC	8,000	$447K	0.9%	$57.24	—	—	559222401
RCI	ROGERS COMMUNICATIONS INC	9,000	$346K	0.7%	$37.35	—	—	775109200
EGO	ELDORADO GOLD CORP NEW	6,000	$206K	0.4%	$42.64	—	—	284902509

Decreased Positions (10)

VET VERMILION ENERGY INC 3.3%

Value $1.692M (-56.9%) Shares 181,000 (-36.5%) Est. Cost $8.29 Unrealized —

PDS PRECISION DRILLING CORP 2.1%

Value $1.074M (-54.5%) Shares 14,000 (-41.7%) Est. Cost $77.16 Unrealized —

OTEX OPEN TEXT CORP 1.5%

Value $774K (-43.0%) Shares 35,000 (-42.6%) Est. Cost $32.02 Unrealized —

KGC KINROSS GOLD CORP 2.8%

Value $1.437M (-25.4%) Shares 60,750 (-3.6%) Est. Cost $12.28 Unrealized —

SII SPROTT INC 1.1%

Value $565K (-43.4%) Shares 5,000 (-28.6%) Est. Cost $69.74 Unrealized —

LSPD LIGHTSPEED COMMERCE INC 3.8%

Value $1.946M (-11.5%) Shares 186,000 (-24.4%) Est. Cost $9.98 Unrealized —

MAKO MAKO MNG CORP 0.2%

Value $118K (-58.3%) Shares 16,092 (-63.4%) Est. Cost $6.44 Unrealized —

EFXT ENERFLEX LTD 3.4%

Value $1.717M (+5.3%) Shares 70,000 (-10.3%) Est. Cost $14.27 Unrealized —

BIRD SMARTBIRD INC 0.2%

Value $111K (-36.3%) Shares 27,634 (-52.1%) Est. Cost $6.45 Unrealized —

NVDA NVIDIA CORPORATION 1.4%

Value $700K (-6.6%) Shares 3,500 (-18.6%) Est. Cost $137.79 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VET	VERMILION ENERGY INC	181,000 (-36.5%)	$1.692M (-56.9%)	3.3%	$8.29	—	COM	923725105
PDS	PRECISION DRILLING CORP	14,000 (-41.7%)	$1.074M (-54.5%)	2.1%	$77.16	—	COM NEW	74022D407
OTEX	OPEN TEXT CORP	35,000 (-42.6%)	$774K (-43.0%)	1.5%	$32.02	—	COM	683715106
KGC	KINROSS GOLD CORP	60,750 (-3.6%)	$1.437M (-25.4%)	2.8%	$12.28	—	COM	496902404
SII	SPROTT INC	5,000 (-28.6%)	$565K (-43.4%)	1.1%	$69.74	—	COM NEW	852066208
LSPD	LIGHTSPEED COMMERCE INC	186,000 (-24.4%)	$1.946M (-11.5%)	3.8%	$9.98	—	SUB VTG SHS	53229C107
MAKO	MAKO MNG CORP	16,092 (-63.4%)	$118K (-58.3%)	0.2%	$6.44	—	COM NEW	56089A400
EFXT	ENERFLEX LTD	70,000 (-10.3%)	$1.717M (+5.3%)	3.4%	$14.27	—	COM	29269R105
BIRD	SMARTBIRD INC	27,634 (-52.1%)	$111K (-36.3%)	0.2%	$6.45	—	CL A NEW	01675A208
NVDA	NVIDIA CORPORATION	3,500 (-18.6%)	$700K (-6.6%)	1.4%	$137.79	—	COM	67066G104

Unchanged Positions (10)

AMZN AMAZON COM INC 20.1%

Value $10.29M Shares 43,180 Est. Cost $112.31 Unrealized —

TWLO TWILIO INC 2.1%

Value $1.073M Shares 5,200 Est. Cost $299.07 Unrealized —

TSLA TESLA INC 4.9%

Value $2.524M Shares 6,000 Est. Cost $213.87 Unrealized —

CGAU CENTERRA GOLD INC 4.5%

Value $2.329M Shares 147,000 Est. Cost $16.18 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 6.3%

Value $3.214M Shares 7,000 Est. Cost $266.46 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.9%

Value $466K Shares 3,000 Est. Cost $206.02 Unrealized —

XYZ BLOCK INC 1.3%

Value $661K Shares 8,700 Est. Cost $85.04 Unrealized —

MNDY MONDAY COM LTD 0.8%

Value $427K Shares 5,900 Est. Cost $217.70 Unrealized —

FOSL FOSSIL GROUP INC 0.5%

Value $231K Shares 55,900 Est. Cost $13.99 Unrealized —

SVA SINOVAC BIOTECH LTD ⚠ 0.0%

Value $0 Shares 29,100 Est. Cost $6.47 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	43,180	$10.29M	20.1%	$112.31	—	COM	023135106
TWLO	TWILIO INC	5,200	$1.073M	2.1%	$299.07	—	CL A	90138F102
TSLA	TESLA INC	6,000	$2.524M	4.9%	$213.87	—	COM	88160R101
CGAU	CENTERRA GOLD INC	147,000	$2.329M	4.5%	$16.18	—	COM	152006102
SPOT	SPOTIFY TECHNOLOGY S A	7,000	$3.214M	6.3%	$266.46	—	SHS	L8681T102
AEM	AGNICO EAGLE MINES LTD	3,000	$466K	0.9%	$206.02	—	COM	008474108
XYZ	BLOCK INC	8,700	$661K	1.3%	$85.04	—	CL A	852234103
MNDY	MONDAY COM LTD	5,900	$427K	0.8%	$217.70	—	SHS	M7S64H106
FOSL	FOSSIL GROUP INC	55,900	$231K	0.5%	$13.99	—	COM	34988V106
SVA	SINOVAC BIOTECH LTD ⚠	29,100	$0	0.0%	$6.47	—	SHS	P8696W104