SEABRIDGE GOLD INC

Ticker: SA CUSIP: 811916105 Class: Stock-Materials

Gunpowder Capital Management, LLC dba Oliver Wealth Manageme's Holding History (CIK: 0002114795)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 266 Value ($000) $8 Avg Close $26.29 Range $21.67 - $31.87

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	266	$8	$26.29	$21.67 - $31.87