Item 2. Properties
ITEM
2. PROPERTIES
Our
principal place of business is located at 6500 Trans-Canada Highway, 4th Floor, Pointe-Claire, Quebec, Canada H9R 0A5. We are not party
to a lease agreement in connection with this office service. We are currently looking into leasing dedicated office space of approximately 8,000 square feet
adjacent to our recently acquired subsidiary, Nora Pharma at 1565 Boulevard Lionel-Boulet, Varennes, Quebec, Canada J3X 1P7.
Our
wholly owned subsidiary, Nora Pharma, currently occupies a 15,000 square foot facility located at 1565 Boulevard Lionel-Boulet,
Varennes, Quebec, Canada, J3X 1P7 pursuant to a lease agreement that expires January 31, 2025, with an option to extend for 5 years.
This site is comprised of 15,000 square feet that includes 10,000 square feet of warehouse space and 5,000 square feet of executive
office space. The facility houses all administrative, marketing, quality control, regulatory affairs, and other operations personal,
as well as, a Health Canada licensed warehouse space. We pay a monthly rent of $17,250 CAD (approximately $12,750 USD), including
taxes.
ITEM 3. LEGAL PROCEEDINGS
We
are not party to, and our property is not the subject of, any legal proceedings.
ITEM 4. MINE SAFETY DISCLOSURES
Not
applicable.
19
PART
II
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