What changed 10-K

Item 5. Market for Registrant’s Common Equity

2025-04-15 compared with 2024-04-16 · 16 added, 0 removed, 10 unchanged (62% of the section changed)

8 unchanged sentences

2025 there were approximately 3,342 holders of record of our common shares.

Unregistered Sales of Securities

On November 20, 2024, the Company closed a private

placement of 4,142,906 units at a price of $0.94 (CAD $1.32) per unit.

Each unit was comprised of one common share and one common share

purchase warrant.

Each warrant is exercisable into one common share at a price of $1.27 (CAD $1.78) per share for a period of four years

following the closing date of the private placement.

For units sold in the United States, we relied on the private offering exemption

from registration provided by Rule 506(b) of Regulation D under the U.S.

Securities Act of 1933, as amended (the “U.S.

Act”), based on the offers and sales having been made without any general solicitation or advertising solely to accredited investors

who represented they purchased the units for their own account for investment and not for distribution.

For units sold outside of the

United States, we relied on Rule 903 of Regulation S under the U.S.

Securities Act based our status as a foreign issuer with no substantial

market interest and based on the offers and sales having been made in offshore transactions without any directed selling efforts.

Not Applicable

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.