Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The
following issuances of equity securities by the Company during the three-month period ended September 30, 2024 were exempt from the registration
requirements of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and Regulation D thereunder:
On
August 30, 2024, the Company issued 131,891 shares of common stock, restricted in accordance with Rule 144, to Eagle Vision Fund LP,
a Company owned by the Company’s CFO, pursuant to the sale of a unit offering.
On
July 23, 2024, the Company issued 32,973 shares of common stock, restricted in accordance with Rule 144, to the Company’s President
pursuant to the sale of a unit offering.
On
July 23, 2024, the Company issued 527,565 shares of common stock, restricted in accordance with Rule 144, to the Company’s CEO
pursuant to the sale of a unit offering.
In
connection with the above security issuances, we did not pay any underwriting discounts or commissions. None of the sales of securities
described or referred to above was registered under the Securities Act. In making the sales without registration under the Securities
Act, we relied upon one or more of the exemptions from registration contained in Section 4(2) of the Securities Act, and in Regulation
D promulgated under the Securities Act. No general solicitation or advertising was used in connection with the sales.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES.
None.
ITEM
4. MINE SAFETY DISCLOSURES
None.
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