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FORM 7 MONTHLY PROGRESS REPORT Name of CNS Issuer: Danforth Resources Inc. (the Issuer) Trading Symbol: RFR Number of Outstanding Listed Securities: 138,567,163 Date: August 5, 2018, Report on Business
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The number of outstanding listed refers to the total shares of a company's stock that are currently held by shareholders, excluding treasury shares.
Companies that are publicly traded and required to comply with regulatory filing requirements are obligated to file the number of outstanding listed.
To fill out the number of outstanding listed, companies must report the total amount of shares that are issued and have not been repurchased by the company in their quarterly and annual filings.
The purpose of the number of outstanding listed is to provide investors and regulatory bodies with clear information about the equity of a company, helping them assess ownership structure and company valuation.
Companies must report the total number of outstanding shares, any changes in the number of shares due to actions like stock splits or repurchases, and the date of the report.
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