Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: On January 12, 2021, the Company’s common stock and certain warrants began trading on the National Association of Securities Dealers Automated Quotations Stock Market (“Nasdaq”) under the trading symbols “LEXX” and “LEXXW”, respectively.
−Removed: Prior to this date the Company’s common stock was quoted on the OTCQX under the symbol “LXRP.” Our common shares were previously quoted on the Canadian Securities Exchange (“CSE”) under the symbol “LXX” until July 8, 2021.
+Added: Since January 2021, the Company’s common stock and certain warrants, which are set to expire on January 14, 2026, have been trading on the National Association of Securities Dealers Automated Quotations Stock Market (“Nasdaq”) under the trading symbols “LEXX” and “LEXXW”, respectively.
The stock market in general has experienced extreme stock price fluctuations in the past few years.
3 unchanged sentences
There were 19,559,179 common shares issued and outstanding as of August 31, 2025.
−Removed: As of November 22, 2024, there were approximately 33 shareholders of record.
+Added: As of November 25, 2025, there were approximately 34 holders of record of our common stock.
+Added: A substantially greater number of holders of our common stock are ‘street name’ or beneficial holders, whose shares are held by banks, brokers and other financial institutions.
Dividend Policy
2 unchanged sentences
As a result, we anticipate that only appreciation of the price of our common stock, if any, will provide a return to investors for at least the foreseeable future.
−Removed: Any future determination related to dividend policy will be made at the discretion of our Board of Directors (“our Board”) and will depend on, among other factors, our results of operations, financial condition, capital requirements, contractual restrictions, business prospects and other factors our Board may deem relevant.
−Removed: During the year ended August 31, 2024, 7,093,208 warrants were issued, 5,382,042 warrants were exercised for gross proceeds of $6,103,602 and 300,000 warrants expired.
+Added: Any future determination related to dividend policy will be made at the discretion of our Board and will depend on, among other factors, our results of operations, financial condition, capital requirements, contractual restrictions, business prospects and other factors our Board may deem relevant.
+Added: During the year ended August 31, 2025, 4,678,209 warrants were issued, 394,655 warrants expired, and 2,917,032 warrants were cancelled.
As at August 31, 2025, the Company had 7,298,171 warrants outstanding as follows:
−Removed: 60,798 warrants expiring on November 13 or November 28, 2024 with an exercise price of $36.00
−Removed: 16,667 warrants expiring on March 16, 2025 with an exercise price of $9.00
−Removed: 317,190 warrants expiring on May 6 or May 11, 2025 with an exercise price of $10.50
1,719,828 warrants expiring on January 11, 2026 with an exercise price of $6.58
3 unchanged sentences
102,097 warrants expiring on February 16, 2029 with an exercise price of $5.9375
−Removed: 102,097 warrants expiring on February 16, 2029 with an exercise price of $5.9375
+Added: 57,190 warrants expiring on October 14, 2029 with an exercise price of $3.825
+Added: 4,551,019 warrants expiring on January 14, 2030 with an exercise price of $3.06
+Added: 70,000 warrants expiring on April 24, 2030 with an exercise price of $1.25
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.