Exhibit 21 – Subsidiaries of the Company, Jurisdiction of Incorporation, and Percentage of Ownership

1. United Shareholder Services, Inc. – incorporated in Texas and wholly owned by the Company

2. U.S. Global Investors (Bermuda) Ltd. – incorporated in Bermuda and wholly owned by the Company

3. U.S. Global Brokerage, Inc. – incorporated in Texas and wholly owned by the Company

4. U.S. Global Investors (Canada) Ltd. – incorporated in Canada and wholly owned by the Company

5. U.S. Global Indices, LLC – incorporated in Texas and wholly owned by the Company

6. Galileo Global Equity Advisors, Inc. – incorporated in Canada and 65 percent owned by U.S. Global Investors (Canada) Ltd.