Item 2. Unregistered Sales of Equity Securities
Item
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
During
the six months ended June 30, 2022, we received an aggregate of $1,385,960 in gross proceeds from the sale of shares of our unregistered
common stock to eight investors and one director.
All
of the above securities were issued in accordance with an exemption from the registration requirements of the Securities Act of 1933,
as amended (the “Securities Act”) under Section 4(a)(2) of the Securities Act by virtue of being offered without employing
any means of general solicitation and issued to purchasers which represented to us that they are accredited investors and that they were
acquiring the securities for investment and could bear the economic risk of the investment.
Item
3. DEFAULTS UPON SENIOR SECURITIES
None
Item
4. MINE SAFETY DISCLOSURES
None
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