The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
KOSMOS ENERGY LTD PUT 500688956   11,866,944 5,204,800 SH Put SOLE   5,204,800 0 0
GALIANO GOLD INC COM 36352H100   38,237,002 31,082,506 SH   SOLE   31,082,506 0 0
GRAN TIERRA ENERGY INC COM 38500T200   18,320,442 3,716,114 SH   SOLE   3,716,114 0 0
INTEGRA RES CORP COM 45826T509   12,223,162 9,825,138 SH   SOLE   9,825,138 0 0
KOSMOS ENERGY LTD COM 500688106   41,932,118 18,391,280 SH   SOLE   18,391,280 0 0
OSISKO DEVELOPMENT CORP COM NEW 68828E809   2,378,011 1,606,335 SH   SOLE   1,606,335 0 0
VIZSLA SILVER CORP COM NEW 92859G608   13,700,524 5,991,600 SH   SOLE   5,991,600 0 0
ELDORADO GOLD CORP NEW COM 284902509   18,751,104 1,114,810 SH   SOLE   1,114,810 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107   17,086,800 1,473,000 SH   SOLE   1,473,000 0 0