Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered
Sales of Equity Securities and Use of Proceeds
During
the three months ended June 30, 2022, the Company sold 193,501 shares of common stock to accredited investors at a purchase price of
$3.00 per share and 82,333 shares of common stock to accredited investors at a purchase price of $1.50 per share.
In
connection with the foregoing, the Company relied upon the exemption from registration provided under Section 4(a)(2) under the Securities
Act of 1933, as amended, for transactions not involving a public offering.
Item 3.
Defaults
upon Senior Securities
None.
Item 4.
Mine Safety
Disclosures
Not
applicable.
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