US Global Investors Cl A Pfd. (GROW)

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In the first quarter of fiscal year 2018, U.S. Global Investors, Inc., through its wholly-owned subsidiary, U.S. Global Investors (Canada) Limited (“USCAN”), purchased 10 million shares of HIVE (approximately $2.4 million USD). In addition, USCAN purchased shares of a fund managed by our 65 percent owned subsidiary, Galileo Global Equity Advisors, Inc. The Galileo Partners Fund purchased 7 million shares of HIVE. These shares are restricted and not available for resale until January 2018. U.S. Global Investors has approximately 15.2 million total common stock shares issued and outstanding.