Item 2. Unregistered Sales of Equity Securities
Item
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The
following are all shares issued during the quarter ended June 30, 2023:
On
April 10, 2023, the Company sold 7,029,750 shares to GHS at $0.00510 and received net proceeds of $34,110, after deducting transaction
and broker fees of $1,742.
On
April 13, 2023, the Company sold 8,018,869 shares to GHS at $0.00493 and received net proceeds of $37,717, after deducting transaction
and broker fees of $1,816.
12
The
Company issued the foregoing securities in reliance on an exemption from registration provided by Section 4(a)(2) of the Securities Act
of 1933, as amended, and/or Rule 506(b) promulgated thereunder, as there was no general solicitation to the investors and the transactions
did not involve a public offering.
Item
3. DEFAULTS UPON SENIOR SECURITIES
None
Item
4. MINE SAFETY DISCLOSURE
Not
applicable.
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