Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Sales
of Securities
Except
as set forth below, we had no unregistered sales of our securities during the quarter ended June 30, 2022, and from the period from June
30, 2022 to the filing date of this Report, that have not previously been disclosed in our Quarterly Reports on Form 10-Q or in a Current
Report on Form 8-K. On July 6, 2022, we filed a Current Report on From 8-K disclosing that we had issued the First Tranche Shares and
the Series A Preferred Stock to the Sellers pursuant to the terms of the Purchase Agreement, as described above. The First Tranche Shares
and the Series A Preferred Stock have not been registered under the Securities Act of 1933, as amended (the “Securities Act”),
or the securities laws of any state, and were offered and sold in reliance on the exemption from registration under the Securities Act,
afforded by Section 4(a)(2) and/or Rule 506 promulgated thereunder.
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers
None.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM
4. MINING SAFETY DISCLOSURES
Not
applicable.
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