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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: 192,326,833 Date: November 6, 2019, Report on Business

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What is number of outstanding listed?

The number of outstanding listed refers to the total number of shares that are currently owned by shareholders, excluding treasury shares. It represents the shares that are available for trading in the market.

Who is required to file number of outstanding listed?

Public companies that are traded on stock exchanges are required to file the number of outstanding listed as part of their periodic reporting.

How to fill out number of outstanding listed?

To fill out the number of outstanding listed, companies must obtain the total shares issued minus any treasury shares they may hold. This figure should then be reported in the appropriate regulatory filings, such as quarterly or annual reports.

What is the purpose of number of outstanding listed?

The purpose of reporting the number of outstanding listed is to provide transparency to investors and regulators about the actual number of shares available in the market, which is essential for understanding a company's market capitalization and shareholder equity.

What information must be reported on number of outstanding listed?

Companies must report the total number of shares outstanding, any changes in share numbers, and details of treasury shares in their filings with the relevant regulatory authority.

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