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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: 71,841,172 Date: July 4, 2016, Report on Business
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The number of outstanding shares listed refers to the total number of shares of a company's stock that are publicly traded and available for purchase on a stock exchange.
Publicly traded companies are required to file the number of outstanding listed as part of their financial reporting requirements.
The number of outstanding listed can be found in a company's financial statements, specifically in the balance sheet under the stockholders' equity section.
The number of outstanding listed is important for investors and analysts to determine a company's market capitalization and value.
The number of outstanding listed should include the total number of common shares outstanding, excluding any treasury stock or preferred shares.
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