# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001752724-25-177761
**Filing Date:** 2025-7
**Character Count:** 26079
**Document Hash:** a4dfee165d3991b95e23731ae578a841
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177761.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177761

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iShares, Inc.
- **CENTRAL INDEX KEY:** 0000930667

**ORGANIZATION NAME:**
- **EIN:** 510396525
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09102
- **FILM NUMBER:** 251149331

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** iSHARES INC
- **DATE OF NAME CHANGE:** 20070126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES INC
- **DATE OF NAME CHANGE:** 20000516

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WEBS INDEX FUND INC
- **DATE OF NAME CHANGE:** 19970211

## Series and Classes Contracts Data

### iShares MSCI Global Silver and Metals Miners ETF (Series ID: S000035880)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000109983 | iShares MSCI Global Silver and Metals Miners ETF | SLVP            |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI Global Silver and Metals Miners ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Canada — 68.8%** | **Canada — 68.8%** | **Canada — 68.8%** |
| Agnico Eagle Mines Ltd. | &nbsp;&nbsp;&nbsp; 102428 | $12074017 |
| Aya Gold & Silver Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1019067 | 8762335 |
| Calibre Mining Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 955061 | 2206101 |
| Discovery Silver Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3824291 | 9084555 |
| Dundee Precious Metals Inc. | &nbsp;&nbsp;&nbsp; 171620 | 2644925 |
| Eldorado Gold Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 152569 | 3078395 |
| Endeavour Silver Corp.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2279815 | 8189957 |
| First Majestic Silver Corp. | &nbsp;&nbsp;&nbsp; 974213 | 6012740 |
| First Majestic Silver Corp. | &nbsp;&nbsp;&nbsp; 973940 | 6009210 |
| Fortuna Mining Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2028774 | 11870919 |
| Kinross Gold Corp. | &nbsp;&nbsp;&nbsp; 538310 | 7947069 |
| Lundin Gold Inc. | &nbsp;&nbsp;&nbsp; 73731 | 3562577 |
| MAG Silver Corp. | &nbsp;&nbsp;&nbsp; 626737 | 11764306 |
| New Gold Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 656206 | 2916790 |
| Orla Mining Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 242374 | 2562646 |
| Pan American Silver Corp. | &nbsp;&nbsp;&nbsp; 2424520 | 59131187 |
| Perpetua Resources Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16369 | 227693 |
| Seabridge Gold Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 109690 | 1346797 |
| Silvercorp Metals Inc. | &nbsp;&nbsp;&nbsp; 1936862 | 7621274 |
| Skeena Resources Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 103535 | 1326298 |
| SSR Mining Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 209852 | 2484858 |
| Wheaton Precious Metals Corp. | &nbsp;&nbsp;&nbsp; 139009 | 12044712 |
|  |  | 182869361 |
| **China — 1.4%** | **China — 1.4%** | **China — 1.4%** |
| China Gold International Resources Corp. Ltd. | &nbsp;&nbsp;&nbsp; 64200 | 493510 |
| Zhaojin Mining Industry Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 1272000 | 3222043 |
|  |  | 3715553 |
| **Mexico — 11.6%** | **Mexico — 11.6%** | **Mexico — 11.6%** |
| Industrias Penoles SAB de CV<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1461294 | 30884866 |
| **Peru — 0.9%** | **Peru — 0.9%** | **Peru — 0.9%** |
| Cia. de Minas Buenaventura SAA, ADR | &nbsp;&nbsp;&nbsp; 163053 | 2442534 |
| **South Africa — 1.6%** | **South Africa — 1.6%** | **South Africa — 1.6%** |
| Harmony Gold Mining Co. Ltd. | &nbsp;&nbsp;&nbsp; 301878 | 4359733 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **United Kingdom — 0.7%** | **United Kingdom — 0.7%** | **United Kingdom — 0.7%** |
| Hochschild Mining PLC | &nbsp;&nbsp;&nbsp; 467087 | $1736318 |
| **United States — 14.4%** | **United States — 14.4%** | **United States — 14.4%** |
| Coeur Mining Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 421796 | 3408111 |
| Hecla Mining Co.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4500199 | 23131023 |
| Newmont Corp. | &nbsp;&nbsp;&nbsp; 220279 | 11613109 |
|  |  | 38152243 |
| **Total Long-Term Investments — 99.4%** <br>**(Cost: $206,633,417)** | **Total Long-Term Investments — 99.4%** <br>**(Cost: $206,633,417)** | 264160608 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 5.9%** | **Money Market Funds — 5.9%** | **Money Market Funds — 5.9%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.46%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 15376485 | 15382635 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 200000 | 200000 |
| **Total Short-Term Securities — 5.9%** <br>**(Cost: $15,582,551)** | **Total Short-Term Securities — 5.9%** <br>**(Cost: $15,582,551)** | 15582635 |
| **Total Investments — 105.3%** <br>**(Cost: $222,215,968)** | **Total Investments — 105.3%** <br>**(Cost: $222,215,968)** | 279743243 |
| **Liabilities in Excess of Other Assets — (5.3)%** | **Liabilities in Excess of Other Assets — (5.3)%** | (14132722)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $265610521 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> Affiliate of the Fund.

<sup>(d)</sup> Annualized 7-day yield as of period end.

<sup>(e)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*08/31/24*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*05/31/25*<br>| *Shares* <br>*Held at* <br>*05/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL <br> Agency Shares<br>| $3912338 | $11474927 <br><sup>(a)</sup><br>| $— | &nbsp;&nbsp; $(3802)<br>| $(828)<br>| $15382635 | 15376485 | $79514 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp; 280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (80000 )<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 200000 | 200000 | &nbsp;&nbsp;&nbsp; 5521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $(3802) | $(828) | $15582635 |  | $85035 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Global Silver and Metals Miners ETF**

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; S&P/TSX 60 Index | &nbsp;&nbsp;&nbsp; 7 | 06/19/25 | &nbsp;&nbsp; $1600 | $16600 |

---

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $254349004 | &nbsp;&nbsp; $9811604 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $264160608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 15582635 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 15582635 |
|  | &nbsp;&nbsp; $269931639 | &nbsp;&nbsp; $9811604 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $279743243 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $16600 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $16600 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| ADR | American Depositary Receipt |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** iShares, Inc.

- **b. Investment Company Act file number:** 811-09102

- **c. CIK number of Registrant:** 0000930667

- **d. LEI of Registrant:** 549300MGJZCNMJLBAJ67

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 400 HOWARD STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

**Item A.2. Information about the Series.**

- **a. Name of Series:** iShares MSCI Global Silver and Metals Miners ETF

- **b. EDGAR series identifier (if any):** S000035880

- **c. LEI of Series:** 549300VTT81KG1MIFJ25

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $295591057.90

**Total Liabilities:** $29931374.20

**Net Assets:** $265659683.70

**Cash Not Reported:** $413932.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000109983 | 14.44%               | 2.55%                | 1.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4243324.01             | $36058576.92                               |
| Month 2  | $-52282.24               | $6501600.59                                |
| Month 3  | $3725791.53              | $744573.26                                 |

### Schedule of Portfolio Investments

| Name                                           | Title                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MAG Silver Corp                                | MAG Silver Corp                                       | CUSIP: 55903Q104<br>LEI: 254900LGL904N7F3EL14 | Long             | EC               | CORP              | CA        |    632798 | NS      | $11878075.18  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrias Penoles SAB de CV                   | Industrias Penoles SAB de CV                          | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | EC               | CORP              | MX        |   1536862 | NS      | $32482017.34  | 12.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Zhaojin Mining Industry Co Ltd                 | Zhaojin Mining Industry Co Ltd                        | CUSIP: 000000000<br>LEI: 3003007KU2DRDX06PN04 | Long             | EC               | CORP              | CN        |   1799000 | NS      | $4556961.69   | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortuna Mining Corp                            | Fortuna Mining Corp                                   | CUSIP: 349942102<br>LEI: 5493003Q88RVK7CW4735 | Long             | EC               | CORP              | CA        |   2218566 | NS      | $12981444.22  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| New Gold Inc                                   | New Gold Inc                                          | CUSIP: 644535106<br>LEI: 5493005G0GNCHP0H6L96 | Long             | EC               | CORP              | CA        |    912683 | NS      | $4056812.26   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Seabridge Gold Inc                             | Seabridge Gold Inc                                    | CUSIP: 811916105<br>LEI: 9845003FEO1A66376A92 | Long             | EC               | CORP              | CA        |    110542 | NS      | $1357257.77   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp                       | Pan American Silver Corp                              | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |   2122879 | NS      | $51774518.26  | 19.49%            |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining Inc                                 | SSR Mining Inc                                        | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |    288920 | NS      | $3421102.49   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  14859160 | NS      | $14865103.69  | 5.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Orla Mining Ltd                                | Orla Mining Ltd                                       | CUSIP: 68634K106<br>LEI: 529900DU63EUQ1UZKL30 | Long             | EC               | CORP              | CA        |    320790 | NS      | $3391746.20   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                   | Newmont Corp                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    220509 | NS      | $11625234.48  | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hochschild Mining PLC                          | Hochschild Mining PLC                                 | CUSIP: 000000000<br>LEI: 549300JK10TVQ3CCJQ89 | Long             | EC               | CORP              | GB        |    477155 | NS      | $1773744.59   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia de Minas Buenaventura SAA                  | Cia de Minas Buenaventura SAA                         | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |    197552 | NS      | $2959328.96   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eldorado Gold Corp                             | Eldorado Gold Corp                                    | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |    202116 | NS      | $4078108.38   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    200000 | NS      | $200000.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                         | Agnico Eagle Mines Ltd                                | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |    107764 | NS      | $12703014.74  | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp                          | Endeavour Silver Corp                                 | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |   2326158 | NS      | $8356438.91   | 3.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Coeur Mining Inc                               | Coeur Mining Inc                                      | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    517514 | NS      | $4181513.12   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Dundee Precious Metals Inc                     | Dundee Precious Metals Inc                            | CUSIP: 265269209<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |    225441 | NS      | $3474388.57   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Calibre Mining Corp                            | Calibre Mining Corp                                   | CUSIP: 13000C205<br>LEI: 9845005U3E61362A1O58 | Long             | EC               | CORP              | CA        |   1017738 | NS      | $2350879.48   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercorp Metals Inc                          | Silvercorp Metals Inc                                 | CUSIP: 82835P103<br>LEI: 52990092RT3UCQ7G3177 | Long             | EC               | CORP              | CA        |   2067067 | NS      | $8133611.54   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Gold Inc                                | Lundin Gold Inc                                       | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |    107886 | NS      | $5212898.07   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Aya Gold & Silver Inc                          | Aya Gold & Silver Inc                                 | CUSIP: 05466C109<br>LEI: 549300BWX8KJOTUL4M51 | Long             | EC               | CORP              | CA        |   1064090 | NS      | $9149460.41   | 3.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Wheaton Precious Metals Corp                   | Wheaton Precious Metals Corp                          | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    152443 | NS      | $13208727.46  | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp                              | Kinross Gold Corp                                     | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |    603188 | NS      | $8904863.10   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co                                | Hecla Mining Co                                       | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |   4652351 | NS      | $23913084.14  | 9.00%             |  |  |  | No            |                  1 | On Loan: —       |
| The Montreal Exchange / Bourse De Montreal     | S+P/TSX 60 IX FUT JUN25                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |         3 | NC      | $17309.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First Majestic Silver Corp                     | First Majestic Silver Corp                            | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |    974213 | NS      | $6012740.27   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| First Majestic Silver Corp                     | First Majestic Silver Corp                            | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |    973940 | NS      | $6009209.80   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Skeena Resources Ltd                           | Skeena Resources Ltd                                  | CUSIP: 83056P715<br>LEI: 549300DCWSQFVVZ21289 | Long             | EC               | CORP              | CA        |    115332 | NS      | $1477419.43   | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Harmony Gold Mining Co Ltd                     | Harmony Gold Mining Co Ltd                            | CUSIP: 000000000<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |    366588 | NS      | $5294276.74   | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** iShares, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer