5 unchanged sentences
Global capital markets continue to experience increased volatility in response to global events such as the significant increase in the rate of inflation in recent years, and the effects of certain countermeasures taken by central banks including increased interest rates.
−Removed: Future economic crises may be precipitated by any number of causes, including natural disasters, epidemics (such as the COVID-19 virus pandemic), geopolitical instability and war (such as the Russian invasion of Ukraine and the Israel-Palestine conflict), the failure of financial institutions, terrorism, material changes in the price of oil, the volatility of metal prices, and the volatility of global financial markets.
+Added: Future economic crises may be precipitated by any number of causes, including natural disasters, epidemics (such as the COVID 19 virus pandemic), geopolitical instability and war (such as the Russian invasion of Ukraine, the Israel Palestine conflict and the Israel/U.S.
+Added: conflict with Iran), the failure of financial institutions, terrorism, material changes in the price of oil, the volatility of metal prices, and the volatility of global financial markets.
Continued increased levels of volatility or a sudden or rapid destabilization of global economic conditions could negatively impact our ability to obtain equity or debt financing or to make other suitable arrangements to finance our Idaho Maryland Mine Project which, in turn, could have a material adverse effect on our operations and financial condition
10 unchanged sentences
We may not benefit from some of these investments if we are unable to identify commercially exploitable mineral reserves.
−Removed: In addition, the Company may incur significant legal costs going forward should it decide to litigate in pursuit of protecting its property rights under both California state and U.S.
−Removed: federal laws, including asserting its 5th Amendment rights under the U.S.
+Added: In addition, we may incur significant legal costs going forward as we seek to protect our property rights under both California state and U.S.
+Added: federal law, including asserting our 5th Amendment Rights under the U.S.
Constitution and other due process rights under the 14th Amendment of the U.S.
−Removed: Constitution, amongst other legal remedies that are available to the Company.
+Added: Constitution, amongst other legal remedies that are available to us.
+Added: See also the risks described under "Risks Related to Mining and Exploration - There is no assurance that we will be successful in our efforts to establish, through litigation, that mining operations on the I M Mine Property are a Constitutionally protected vested use and that a use permit is not required for mining operations to continue".
Our ability to obtain necessary funding for these purposes, in turn, depends upon a number of factors, including the status of the national and worldwide economy and the price of metals.
1 unchanged sentence
We may not be successful in obtaining the required financing or, if we can obtain such financing, such financing may not be on terms that are favorable to us.
−Removed: Our inability to access sufficient capital for our operations could have a material adverse effect on our financial condition, results of operations, or prospects.
+Added: Our inability to access sufficient capital for our operations could have a material adverse effect on our financial condition, results of operations, and prospects.
Sales of substantial amounts of securities may have a highly dilutive effect on our ownership or share structure.
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We have not yet commenced commercial production at any of our properties and, therefore, have not generated positive cash flows to date and have no reasonable prospects of doing so unless successful commercial production can be achieved at our I M Mine Property.
−Removed: We expect to continue to incur negative investing and operating cash flows until such time as we enter into successful commercial production.
+Added: We expect to continue to incur negative investing and operating cash flows until such time, if ever, that we are able to enter into successful commercial production.
This will require us to deploy our working capital to fund such negative cash flow and to seek additional sources of financing.
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We have no history of producing products from any of our properties.
−Removed: Our Idaho-Maryland Mine Project is a historic, past-producing mine which, apart from the exploration work that we have completed since 2016, has had very little recent exploration work since 1956.
+Added: Our I M Mine Project is a historic, past producing mine which, apart from the exploration work that we have completed since 2016, has had very little recent exploration work since 1956.
We would require further exploration work in order to reach the development stage.
−Removed: Advancing our I-M Mine Property into the development stage will require significant capital and time, and successful commercial production from the I-M Mine Property will be subject to completing feasibility studies, permitting and re-commissioning of the mine, constructing processing plants, and other related works and infrastructure.
+Added: Advancing our I M Mine Property into the development stage will require significant capital and time, and successful commercial production from the I M Mine Property will be subject to completing feasibility studies, permitting and recommissioning of the mine, constructing processing plants, and other related works and infrastructure.
As a result, we are subject to all of the risks associated with developing and establishing new mining operations and business enterprises including:
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We have incurred the following losses from operations during each of the following periods:
−Removed: $1,349,368 for the quarter ended October 31, 2025
+Added: $2,583,608 for the six-month period ended January 31, 2026
$3,260,358 for the year ended July 31, 2025
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Our operations also depend on the timely maintenance, upgrade and replacement of networks, equipment, IT systems and software, as well as preemptive interventions and expenditures to mitigate the risks of failures and other IT system disruptions.
−Removed: Any of these and other events could result in information systems failures, delays and increases in capital expenses and which would negatively impact the Company's ability to operate.
+Added: Any of these and other events could result in information systems failures, delays and increases in capital expenses and which would negatively impact our ability to operate.
The failure of any part of our information systems could, depending on the nature and degree of any such failure, adversely impact our reputation and results of operations.
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As cyber threats continue to evolve, we may be required to expend additional resources to continue to modify or enhance protective measures or to investigate and remediate any security vulnerabilities
−Removed: Increasing attention to environmental, social, and governance (ESG) matters may impact our business.
−Removed: Increasing attention to ESG matters, including those related to climate change and sustainability, and increasing societal, investor and legislative pressure on companies to address ESG matters may result in increased costs, increased investigations and litigation or threats thereof, negative impacts on our stock price and access to capital markets, and damage to our reputation.
+Added: Although the Trump Administration has shifted the focus of the U.S.
+Added: government away from environmental, social, and governance (ESG) matters, continuing efforts to address such matters may negatively impact our business.
+Added: While the current Trump Administration has sought to scale back and dismantle federal ESG policies and regulations, ongoing attention to ESG matters, including those related to climate change and sustainability, and increasing societal, and investor and legislative pressures on companies to address ESG matters may result in increased costs, increased investigations and litigation or threats thereof, negative impacts on our stock price and access to capital markets, and damage to our reputation.
Increasing attention to climate change, for example, may result in additional governmental investigations and private litigation, or threats thereof, against our company.
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We have not established that any of our mineral properties contain any mineral reserve according to recognized reserve guidelines, nor can there be any assurance that we will be able to do so.
−Removed: A mineral reserve is defined in subpart 1300 of Regulation S-K under the Securities Act of 1933, as amended (the "Securities Act") and the Exchange Act ("Subpart 1300") as an estimate of tonnage and grade or quality of "indicated mineral resources" and "measured mineral resources" (as those terms are defined in Subpart 1300) that, in the opinion of a "qualified person" (as defined in Subpart 1300), can be the basis of an economically viable project.
+Added: A mineral reserve is defined in subpart 1300 of Regulation S-K under the Securities Act and the Exchange Act (" Subpart 1300 ") as an estimate of tonnage and grade or quality of "indicated mineral resources" and "measured mineral resources" (as those terms are defined in Subpart 1300) that, in the opinion of a "qualified person" (as defined in Subpart 1300), can be the basis of an economically viable project.
In general, the probability of any individual prospect having a "reserve" that meets the requirements of Subpart 1300 is small, and our mineral properties may not contain any "reserves" and any funds that we spend on exploration could be lost.
−Removed: Even if we do eventually discover a mineral reserve on one or more of our properties, there can be no assurance that they can be developed into producing mines and that we can extract those minerals.
−Removed: Both mineral exploration and development involve a high degree of risk, and few mineral properties that are explored are ultimately developed into producing mines.
+Added: Even if we do eventually discover a mineral reserve on one or more of our properties, there can be no assurance that our properties can be developed into producing mines or that we can extract those minerals.
+Added: Both mineral exploration and mineral development involve a high degree of risk, and few mineral properties that are explored are ultimately developed into producing mines.
The commercial viability of an established mineral deposit will depend on a number of factors including, by way of example, the size, grade, and other attributes of the mineral deposit, the proximity of the mineral deposit to infrastructure such as processing facilities, roads, rail, power, and a point for shipping, government regulation, and market prices.
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Exploration for and the production of minerals is highly speculative and involves greater risk than many other businesses.
−Removed: Most exploration programs do not result in mineralization that may be of sufficient quantity or quality to be profitably mined.
−Removed: Our operations are, and any future development or mining operations we may conduct will be, subject to all of the operating hazards and risks normally incidental to exploring for and development of mineral properties, such as, but not limited to:
+Added: Most exploration programs do not result in mineralization that is of sufficient quantity and quality to be profitably mined.
+Added: Our operations are, and any future development or mining operations we may conduct will be, subject to all of the operating hazards and risks normally incidental to exploring for and developing mineral properties, such as, but not limited to:
economically insufficient mineralized material;
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The price of those commodities has fluctuated widely, particularly in recent years, and is affected by numerous factors beyond our control, including economic and political trends, expectations of inflation, currency exchange fluctuations, interest rates, global and regional consumptive patterns, speculative activities and increased production due to new extraction developments and improved extraction and production methods.
−Removed: The effect of these factors on the price of base and precious metals, and therefore the economic viability of our business, could negatively affect our ability to secure financing or our results of operations.
+Added: The effect of these factors on the price of base and precious metals, and therefore the economic viability of our business, could negatively affect our ability to secure financing and could negatively affect our results of operations.
Estimates of mineralized material and resources are subject to evaluation uncertainties that could result in project failure.
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Additionally, there also may be unknown geologic details that have not been identified or correctly appreciated at the current level of accumulated knowledge about our properties.
−Removed: This could result in uncertainties that cannot be reasonably eliminated from the process of estimating mineralized material and resources/reserves.
−Removed: If these estimates were to prove to be unreliable, we could implement an exploitation plan that may not lead to commercially viable operations in the future.
+Added: This could result in uncertainties that cannot reasonably be eliminated from the process of estimating mineralized material and resources/reserves.
+Added: If such estimates proved to be unreliable, any plan implemented to exploit the mineralization based on those estimates may not lead to commercially viable operations.
Any material changes in mineral resource/reserve estimates and grades of mineralization will affect the economic viability of placing a property into production and a property's return on capital.
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Our long term success depends on our ability to identify mineral deposits on our I M Mine Property and other properties we may acquire, if any, that we can then develop into commercially viable mining operations.
−Removed: Mineral exploration is highly speculative in nature, involves many risks, and is frequently non-productive.
+Added: Mineral exploration is highly speculative, involves many risks, and is frequently non-productive.
These risks include unusual or unexpected geologic formations and the inability to obtain suitable or adequate machinery, equipment, or labor.
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The decision to abandon a project may have an adverse effect on the market value of our securities and the ability to raise future financing.
−Removed: We are subject to significant governmental regulations that affect our operations and costs of conducting our business and may not be able to obtain all required permits and licenses to place our properties into production.
−Removed: We believe that mining operations on the I-M Mine Property are a vested use, protected under the California and federal Constitutions, and that a use permit is not required for mining operations to continue.
−Removed: The Company owns the I-M Mine Property, consisting of 109 acres of surface land and a 2,560 acre mineral estate, located in the County.
−Removed: Before the I-M Mine Property was consolidated into its current configuration in 1941, it existed as multiple historical mines and operations.
−Removed: The Company also has the option of repurchasing the 66 acres of land sold in November 2024 and May 2025, should the Company get all the approvals needed to perform mining operations.
−Removed: For the vested right to be recognized by the County, the Company needs to demonstrate that mine operations were being conducted both before and immediately after the County first required a permit to mine in 1954.
−Removed: The Petition and its exhibits are replete with historical evidence that mining was conducted at the I-M Mine Property prior to, during, and after 1954, when the County first required a use permit.
−Removed: Once vested, this right to mine endures unless it is abandoned, which the Company contends has not occurred.
−Removed: Abandonment only occurs if two conditions are met:
−Removed: (1) there is evidence of a property owner's actual intent to abandon the vested mining right;
−Removed: and (2) an overt act (or failure to act) demonstrating such intent.
−Removed: The California Supreme Court has held that a vested mining right is not abandoned merely because the mine has been inactive for periods of time, and the Court has found that cessation of use alone does not constitute abandonment of a mine.
−Removed: The evidence set out in the Petition establishes the various previous owners evidenced their intent to retain the vested right to mine by continuously recording mineral reservations, entering into leases, and making plans for resuming mining in the future, even when mining operations were suspended.
−Removed: There is no evidence that any owner of the I-M Mine Property intended to abandon the vested mining right or took an overt act demonstrating that intent (let alone both).
−Removed: We are subject to the vested rights being confirmed by the County.
−Removed: On September 6, 2023, the Company submitted a Petition to the County asserting its vested right to mine at the I-M Mine Property.
−Removed: The Board of Supervisors held a public hearing regarding the Company's Petition on December 13 and 14, 2023.
−Removed: The Board of Supervisors denied recognition of the Company's assertion of its vested right.
−Removed: There is no assurance that the Courts to which we propose to appeal this determination will recognize the Company's rights.
−Removed: As previously applied by the Company, under the Use Permit process, the Company's operations, including exploration and, if warranted, development of the I-M Mine Property, require permits from governmental authorities and will be governed by laws and regulations, including:
+Added: We are subject to significant laws and governmental regulations that affect our operations and costs of conducting our business, and we may not be able to obtain all required permits and licenses to place our properties into production.
+Added: Our proposed operations, including exploration and, if warranted, development and operation of the I-M Mine Property, require permits from governmental authorities and will be governed by laws and regulations, including:
laws and regulations governing mineral concession acquisition, prospecting, development, mining, and production;
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environmental standards and regulations related to waste disposal, toxic substances, land use reclamation, and environmental protection.
−Removed: Companies engaged in exploration activities often experience increased costs and delays in production and other schedules as a result of the need to comply with applicable laws, regulations, and permits.
+Added: Companies engaged in exploration and mining activities often experience increased costs and delays in production and other schedules as a result of the need to comply with applicable laws, regulations, and permits.
Failure to comply with applicable laws, regulations, and permits may result in enforcement actions, including the forfeiture of mineral claims or other mineral tenures, orders issued by regulatory or judicial authorities requiring operations to cease or be curtailed, and may include corrective measures requiring capital expenditures, installation of additional equipment, or costly remedial actions.
−Removed: We cannot predict if all permits that we may require for continued exploration, development, or construction of mining facilities and conduct of mining operations will be obtainable on reasonable terms, if at all.
+Added: We cannot predict if all permits that we may require for continued exploration, development, or construction of mining facilities and the conduct of mining operations will be obtainable on reasonable terms, if at all.
Costs related to applying for and obtaining permits and licenses may be prohibitive and could delay our planned exploration and development activities.
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Our I-M Mine Property is located in California, which has numerous clearly defined regulations with respect to permitting mines, which could potentially impact the total time to market for the project.
−Removed: Subsurface mining is allowed in the County M1 Zoning District, where the I-M Mine Property is located, with approval of a "Use Permit".
−Removed: Approval of a Use Permit for mining operations requires a public hearing before the County Planning Commission, whose decision may be appealed to the Board of Supervisors.
−Removed: Use Permit approvals include conditions of approval, which are designed to minimize the impact of conditional uses on neighboring properties.
−Removed: On November 21, 2019, the Company submitted an application for a Use Permit to the County.
−Removed: On April 28, 2020, with a vote of 5-0, the Board of Supervisors approved the contract for Raney to prepare an EIR and conduct contract planning services on behalf of the County for the proposed Idaho-Maryland Mine Project.
−Removed: The Planning Commission held a public hearing on May 10 and May 11, 2023, to consider the FEIR.
−Removed: At the conclusion of the public hearing, the Planning Commission recommended to the Board of Supervisors that the FEIR not be certified and that the Use Permit be denied.
−Removed: On February 20, 2024, the Company announced that the Nevada County Board of Supervisors adopted a resolution in a public hearing on February 16, 2024 (the "Hearing"), denying the Company's application for a Use Permit to allow the re-opening of the Idaho Maryland Gold Mine and not certifying the Final Environmental Impact Report.
−Removed: The Use Permit application proposes underground mining to recommence at the I-M Mine Property at an average throughput of 1,000 tons per day.
+Added: Subsurface mining is allowed in the County M1 Zoning District, where the I-M Mine Property is located, with approval of a "Use Permit" or through the use of vested rights.
+Added: Approval of a Use Permit for mining operations requires a public hearing before the County Planning Commission.
+Added: The Planning Commission makes recommendations to the Board of Supervisors, which in turn requires a public hearing.
+Added: The Board of Supervisors ultimately makes the decision as to whether to approve or not approve the Use Permit.
+Added: The Use Permit approvals include conditions of approval, which are designed to minimize the impact of conditional uses on neighboring properties.
+Added: The Use Permit application submitted by Rise in 2019 proposed underground mining to recommence at the I-M Mine Property at an average throughput of 1,000 tons per day.
The existing Brunswick Shaft, which extends to ~3400 feet depth below surface, would be used as the primary rock conveyance from the I-M Mine Property.
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Processing would be done by gravity and flotation to produce gravity and flotation gold concentrates.
−Removed: We propose to produce barren rock from underground tunneling and sand tailings as part of the project which would be used for creation of approximately 58 acres of level and useable industrial zoned land for future economic development in the County.
+Added: We proposed to produce barren rock from underground tunneling and sand tailings as part of the project which would be used for creation of approximately 58 acres of level and useable industrial zoned land for future economic development in the County.
A water treatment plant and pond, using conventional processes, would ensure that groundwater pumped from the mine is treated to regulatory standards before being discharged to the local waterways.
−Removed: There is no assurance our Use Permit application will be accepted as submitted.
−Removed: If substantial revisions are required, our ability to execute our business plan will be further delayed.
+Added: There is no assurance a Use Permit application will be accepted as submitted or approved.
In 1975, the California Legislature enacted the Surface Mining and Reclamation Act ("SMARA"), which required that all surface mining operations in California have approved reclamation plans and financial assurances.
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Pursuant to SMARA, we would be required to obtain approval of a Reclamation Plan from and provide financial assurances to the County for any surface component of the underground mining operation before mining operations could commence.
−Removed: Approval of a Reclamation Plan will require a public hearing before the Planning Commission.
+Added: Approval of a Reclamation Plan will require public hearings before the Planning Commission and Board of Supervisors.
To approve a Reclamation Plan and Use Permit, the County would need to satisfy the requirements of California Environmental Quality Act ("CEQA").
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In this situation, the lead agency for the purposes of CEQA would be the County.
−Removed: Other public agencies in charge of administering specific legislation will also need to approve aspects of the Project, such as the CDFW (the California Endangered Species Act), the Air Pollution Control District (Authority to Construct and Permit to Operate), and the Regional Water Quality Control Board (National Pollutant Discharge Elimination System (authorized to state governments by the U.S.
−Removed: Environmental Protection Agency) and Report of Waste Discharge).
+Added: Other public agencies in charge of administering specific legislation will also need to approve aspects of the Project, such as the CDFW (the California Endangered Species Act), the Air Pollution Control District (Authority to Construct and Permit to Operate), and the Regional Water Quality Control Board (National Pollutant Discharge Elimination System (authorized to state governments by the US Environmental Protection Agency) and Report of Waste Discharge).
However, CEQA's Guidelines provide that if more than one agency must act on a project, the agency that acts first is generally considered the lead agency under CEQA.
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If such assessments are required, additional time and costs will delay the execution of, and may even require us to re-evaluate the feasibility of, our business plan.
+Added: On November 21, 2019, we submitted an application for a Use Permit to the County.
+Added: On April 28, 2020, with a vote of 5-0, the Nevada County Board of Supervisors (the " Board of Supervisors ") approved the contract for Raney to prepare an environmental impact report and conduct contract planning services on behalf of the County for the proposed I-M Mine Project.
+Added: The Planning Commission held a public hearing on May 10 and May 11, 2023, to consider the final environmental impact report (" FEIR ").
+Added: At the conclusion of the public hearing, the Planning Commission recommended to the Board of Supervisors that the FEIR not be certified and that the Use Permit be denied.
+Added: On September 6, 2023, the Company submitted a Petition to the County asserting its vested right to mine at the I-M Mine Property.
+Added: The Board of Supervisors held a public hearing regarding the Company's Petition on December 13 and 14, 2023.
+Added: The Board of Supervisors denied recognition of the Company's assertion of its vested right.
+Added: On February 20, 2024, we announced that the Board of Supervisors adopted a resolution in a public hearing on February 16, 2024, denying our application for a Use Permit to allow the reopening of the I-M Mine and not certifying the FEIR.
+Added: On May 13, 2024, the Company submitted a Writ of Mandamus (the " Writ "), asking the Superior Court of California for the County of Nevada (the " Court ") to compel the Board of Supervisors to follow applicable law and grant us recognition of our vested right to operate the I-M Mine.
+Added: We filed our initial brief in support of the Writ on September 6, 2025.
+Added: The County replied on November 18, 2025, and oral arguments were held on March 9, 2026.
+Added: Rise has been compelled to take court action to assert its rights to re-open the I-M Mine.
+Added: There can be no guarantee that the Company's legal actions will be successful.
Our activities are subject to environmental laws and regulations that may increase our costs of doing business and restrict our operations.
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Legislation and increased regulation regarding climate change could impose significant costs on us, on our future venture partners, if any, and on our suppliers, including costs related to increased energy requirements, capital equipment, environmental monitoring and reporting, and other costs necessary to comply with such regulations.
−Removed: Many governments and other stakeholders are seeking enhanced disclosure and are moving to enact climate change legislation and treaties at the international, national, state, provincial and local levels.
−Removed: In the United States, the U.S.
−Removed: Securities and Exchange Commission (the "SEC") has proposed climate-related disclosure rules:
−Removed: "The Enhancement and Standardization of Climate-Related Disclosures for Investors ".
−Removed: In Canada, the Canadian Securities Administrators have proposed their own climate-related disclosure rules in National Instrument 51-107 - Disclosure of Climate-related Matters.
−Removed: The International Sustainability Standards Board has two proposed international standards for disclosure ("General Requirements for Disclosure of Sustainability Related Information" and "Climate Related Disclosures") which were developed to provide a global baseline of financial reporting disclosure rules for reporting environmental, social and governance (ESG) related issues.
+Added: Many governments and other stakeholders have been seeking enhanced disclosure and moving to enact climate change legislation and treaties at the international, national, state, provincial and local levels.
Any adopted future climate change regulations and our obligations to report on them could also negatively impact our ability to compete with companies situated in areas not subject to such limitations.
2 unchanged sentences
The potential physical impacts of climate change on our operations are highly uncertain, could be particular to the geographic circumstances in areas in which we operate and may include changes in rainfall and storm patterns and intensities, water shortages, changing sea levels, and changing temperatures.
−Removed: Extreme weather events, such as forest fires, severe storms, floods, drought or more extreme temperatures, all of which may be more frequent and more extreme due to climate change, may affect our operations.
+Added: Extreme weather events, such as forest fires, severe storms.
+Added: floods, drought or more extreme temperatures, all of which may be more frequent and more extreme due to climate change, may affect our operations.
Our operations could be adversely affected in various ways, including through damage to our facilities or from increased costs for insurance.
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The payment of such insurance premiums and of such liabilities would reduce the funds available for exploration and production activities.
−Removed: Risks Related to Our Common Stock
+Added: Risks Related to the Shares
Our share price may be volatile and as a result you could lose all or part of your investment.
−Removed: In addition to volatility associated with equity securities in general, the value of your investment could decline due to the impact of any of the following factors upon the market price of our common stock:
+Added: In addition to volatility associated with equity securities in general, the value of your investment could decline due to the impact of any of a wide variety of factors, including the following, upon the market price of the Shares:
+Added: Delays in or disappointing results from our efforts to establish, through litigation, that mining operations on the I-M Mine Property are a Constitutionally protected vested use and that a use permit is therefore not required for mining operations to continue;
Disappointing results from our exploration efforts;
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Any such issuance of additional Common Stock would result in dilution to our stockholders, and even the perception that such an issuance may occur could have a negative impact on the trading price of the Common Stock.
−Removed: We are subject to the continued listing criteria of the CSE, and our failure to satisfy these criteria may result in delisting of our common stock from the CSE.
−Removed: Our common stock is currently listed for trading on the CSE.
+Added: We are subject to the continued listing criteria of the CSE and the continued qualification requirements of the OTCQB, and our failure to satisfy these criteria may result in delisting of our Common Stock from the CSE and/or removal of our Common Stock from trading on the OTCQB.
+Added: Our Common Stock is currently listed for trading on the CSE, a securities exchange in Canada, and quoted on the OTCQB, an inter-dealer trading market in the United States.
In order to maintain the listing on the CSE or any other securities exchange we may trade on, we must maintain certain financial and share distribution targets, including maintaining a minimum number of public shareholders.
4 unchanged sentences
or if any other event occurs or any condition exists which, in their opinion, makes continued listing on the exchange inadvisable.
−Removed: If the CSE or any other exchange or market were to delist the common stock, investors may face material adverse consequences, including, but not limited to, a lack of trading market for the common stock, reduced liquidity, decreased analyst coverage, and/or an inability for us to obtain additional financing to fund our operations.
+Added: If the CSE or any other exchange were to delist the Common Stock, investors may face material adverse consequences, including, but not limited to, a lack of trading market for the Common Stock, reduced liquidity, decreased analyst coverage, and/or an inability for us to obtain additional financing to fund our operations.
+Added: Quotation of our Common Stock on the OTCQB provides us with a trading platform in the United States.
+Added: In order to continue to qualify to trade on the OTCQB, we must continue to meet the criteria set out in the OTCQB Standards, which include meeting ongoing disclosure obligations and financial standards.
+Added: In the event we no longer qualified to trade on the OTCQB, we would have to seek qualification on the new OTCID market tier of the OTC Markets to continue to provide investors with a trading platform in the United States.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
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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.