Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In April 2023, the Company entered into a consulting agreement with DC Consulting LLC pursuant to which DC Consulting LLC will provide the Company with certain management consulting
services. The term of the consulting agreement commenced on April 12, 2023 and will terminate on October 10, 2023. In consideration for the services to be rendered under the consulting agreement, the Company agreed to pay DC Consulting LLC up to
$100,000 in cash and issued DC Consulting LLC 100,000 unregistered shares of the Company’s common stock having a fair value of approximately $659,000 on the date of issuance.
ITEM 3.
DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4.
MINE SAFETY DISCLOSURES
Not applicable.
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