Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds.
In March 2025, the Company issued 1,606,000 Common Shares in accordance with the ELOC Agreement to Helena 1 (Note 7) for gross proceeds of $481,530. The Common Shares were issued in
reliance on the exemptions from registration provided by Section 4(a)(2) under the Securities Act and/or Regulation D promulgated thereunder. Helena has represented to the Company that it is an accredited investor, as defined in Rule 501
of Regulation D promulgated under the Securities Act.
Item 3.
Defaults Upon Senior Securities
None.
Item 4.
Mine Safety Disclosures .
Not applicable.
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