Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
Market Information
The Common Shares of the Company are traded on the TSX under the symbol "CWEB". The following table sets forth trading information for the Common Shares for the periods indicated, as quoted on the TSX.
Period Low Trading Price (C$) High Trading Price (C$)
Year Ending December 31, 2025
First Quarter (through March 17, 2025)
C$ 0.13 C$ 0.19
Year Ended December 31, 2024
Fourth Quarter (December 31, 2024)
C$ 0.12 C$ 0.22
Third Quarter (September 30, 2024)
C$ 0.19 C$ 0.27
Second Quarter (June 30, 2024)
C$ 0.18 C$ 0.37
First Quarter (March 31, 2024)
C$ 0.18 C$ 0.30
The Common Shares of the Company are also traded on the OTCQX Market under the symbol "CWBHF". But there is otherwise no established public trading market for the Common Shares in the U.S. The following table sets forth trading information for the Common Shares for the periods indicated, as quoted on the OTCQX. The OTCQX market quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
Period Low Trading Price (U$)
High Trading Price (U$)
Year Ending December 31, 2025
First Quarter (through March 17, 2025)
$ 0.08 $ 0.12
Year Ended December 31, 2024
Fourth Quarter (December 31, 2024)
$ 0.07 $ 0.15
Third Quarter (September 30, 2024)
$ 0.11 $ 0.20
Second Quarter (June 30, 2024)
$ 0.13 $ 0.27
First Quarter (March 31, 2024)
$ 0.12 $ 0.21
Holders
As of March 17, 2025, there were 270 holders of record of the Company’s Common Shares. The actual number of holders of the Company's Common Shares is greater than the number of record holders, and includes holders who are beneficial owners, but whose securities are held in "nominee" or "street name" by brokers and other nominees.
Dividends
Other than the requirements of the BCBCA, there are no restrictions in the Company’s Articles on its ability to pay dividends. However, (i) the Company has never paid a dividend nor made a distribution on any of its securities, (ii) the Company has no history of income or sources of funds from which to pay dividends, and (iii) the Company does not anticipate paying dividends in the near future.
The payment of future dividends, if any, by the Company will be at the sole discretion of the Board. In this regard, the Company expects it will retain any earnings to finance further growth of the Company.
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Performance Graph
Not required for smaller reporting companies.
Recent Sales of Unregistered Securities
The Company did not sell securities during the year ended December 31, 2024, which were not registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act") or were not previously reported on a Current Report on Form 8-K.
Use of Proceeds from Registered Offerings
None.
Repurchases
None.
Item 6. [Reserved]
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