Exhibit 107
Calculation of Filing Fee Tables
F-1
(Form Type)
Medallion Resources Ltd.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Share | Proposed Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |
Fees to Be Paid | ||||||||
Equity | Units, each consisting of one Common Share and one Warrant to purchase one Common Share (1) | 457(o) | 2,000,000 | $5.00 | $10,000,000 | $92.70 per $1,000,000 | $927.00 | |
Equity | Common Shares included in Units (2)(3) | 457(o) | 2,000,000 | (8) | (8) | $92.70 per $1,000,000 | (8) | |
Equity | Warrants to purchase Common Shares, included in Units | 457(g) | 2,000,000 | $5.00 | $10,000,000 | $92.70 per $1,000,000 | $927.00 | |
Equity | Common Shares issuable upon exercise of the Warrants (2) | 457(o) | 2,000,000 | $5.00 | $10,000,000 | $92.70 per $1,000,000 | $927.00 | |
Equity | Representative’s Warrants (5) | 457(g) | 149,500 | (5) | (5) | $92.70 per $1,000,000 | (5) | |
Equity | Common Shares (Representative’s Warrant Shares) (2)(7) | 457(o) | 149,500 | $0.01 | $1,495 | $92.70 per $1,000,000 | $0.14 | |
Total | USD 30,001,495 | USD 2,781.14 |
(1) | Estimated solely for the purpose of computing the amount of the registration fee pursuant to Rule 457(o) under the Securities Act of 1933, as amended (the “Securities Act”). |
(2) | Pursuant to Rule 416(a) of the Securities Act, there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions. |
(3) | No separate fee is required pursuant to Rule 457(i) under the Securities Act. |
(4) | Includes Common Shares that may be issued upon exercise of additional warrants that may be issued upon conversion of the option granted to the underwriter. |
(5) | In accordance with Rule 457(g) under the Securities Act, because the Common Shares underlying the Warrants are registered hereby, no separate registration fee is required with respect to the Warrants registered hereby. |
(6) | Estimated solely for the purpose of computing the amount of the registration fee in accordance with Rule 457(o) under the Securities Act of 1933, as amended. The Representative’s Warrants are exercisable at a per share exercise price equal to USD 0.01. As estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(g) under the Securities Act, the proposed maximum aggregate offering price of the Representative’s Warrants (including the over-allotment) is USD1,495.00, which is equal to the exercise price of USD 0.01 per Representative’s Warrants times the 149,500 common shares to be issued to the underwriters, if option is exercised in full (6.5% of USD 2,000,000 of Units). |
(7) | Included in the price of the Units. No additional fee is required pursuant to Rule 457(g) of the Securities Act. |