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As at September 30, 2023
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Actual
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As Adjusted(1)
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Number of common shares issued and outstanding
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| | | | 1,999 (2) | | | | | | 3,233 (2) | | |
Cash and cash equivalents
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| | | $ | 5,069 | | | | | $ | 8,350 | | |
Deposits and other receivables
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| | | $ | 157 | | | | | $ | 157 | | |
Intangibles and other
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| | | $ | 1,414 | | | | | $ | 1,414 | | |
Total assets
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| | | $ | 6,640 | | | | | $ | 9,921 | | |
Liabilities
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| | | $ | 554 | | | | | $ | 554 | | |
Shareholders’ equity: | | | | | | | | | | | | | |
Share capital
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| | | $ | 17,057 | | | | | $ | 20,337 | | |
Other capital
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| | | $ | 9,612 | | | | | $ | 9,612 | | |
Obligation to issue shares
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| | | $ | 25 | | | | | $ | 25 | | |
Deficit
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$(20,554)
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$(20,554)
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Accumulated other comprehensive loss
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| | | $ | (53) | | | | | $ | (53) | | |
Total shareholders’ equity and total capitalization
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| | | $ | 6,086 | | | | | $ | 9,367 | | |
Total liabilities and equity
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| | | $ | 6,640 | | | | | $ | 9,921 | | |
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Assumed public offering price per share
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| | | | | | | | | $ | 3.00 | | |
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Net tangible book value per share at September 30, 2023
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| | | $ | 2.96 | | | | | | | | |
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Decrease in net tangible book value per share attributable to the offering
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| | | $ | 0.09 | | | | | | | | |
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As adjusted net tangible book value per share after giving effect to the offering
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| | | | | | | | | $ | 2.87 | | |
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Dilution in net tangible book value per share to new investors in this offering
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| | | | | | | | | $ | 0.13 | | |
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NASDAQ ($)
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TSXV (C$)
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High
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Low
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Volume
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High
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Low
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Volume
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2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
November
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| | | | 1.07 | | | | | | 0.76 | | | | | | 17,477 | | | | | | 1.35 | | | | | | 1.00 | | | | | | 5,696 | | |
December
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| | | | 0.94 | | | | | | 0.73 | | | | | | 10,805 | | | | | | 1.30 | | | | | | 0.97 | | | | | | 2,187 | | |
2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
January
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| | | | 0.87 | | | | | | 0.59 | | | | | | 2,538,591 | | | | | | 1.65 | | | | | | 0.74 | | | | | | 36,428 | | |
February
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| | | | 0.67 | | | | | | 0.56 | | | | | | 161,215 | | | | | | 0.92 | | | | | | 0.76 | | | | | | 24,152 | | |
March
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| | | | 0.60 | | | | | | 0.45 | | | | | | 72,415 | | | | | | 0.85 | | | | | | 0.60 | | | | | | 8,789 | | |
April
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| | | | 0.77 | | | | | | 0.45 | | | | | | 163,529 | | | | | | 1.18 | | | | | | 0.55 | | | | | | 47,890 | | |
May
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| | | | 0.81 | | | | | | 0.67 | | | | | | 60,597 | | | | | | 1.10 | | | | | | 0.86 | | | | | | 11,183 | | |
June
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| | | | 0.72 | | | | | | 0.64 | | | | | | 23,414 | | | | | | 1.08 | | | | | | 0.83 | | | | | | 4,829 | | |
July
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| | | | 0.80 | | | | | | 0.61 | | | | | | 52,555 | | | | | | 1.11 | | | | | | 0.72 | | | | | | 12,524 | | |
August
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| | | | 0.76 | | | | | | 0.54 | | | | | | 55,455 | | | | | | 0.98 | | | | | | 0.68 | | | | | | 11,583 | | |
September
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| | | | 0.57 | | | | | | 0.69 | | | | | | 19,375 | | | | | | 0.93 | | | | | | 0.73 | | | | | | 6,288 | | |
October
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| | | | 0.64 | | | | | | 0.26 | | | | | | 5,042,442 | | | | | | 1.10 | | | | | | 0.33 | | | | | | 73,990 | | |
November 1-13(1) | | | | | 0.36 | | | | | | 0.31 | | | | | | 327,048 | | | | | | 0.51 | | | | | | 0.37 | | | | | | 20,244 | | |
November 14-28(1) | | | | | 3.00 | | | | | | 2.30 | | | | | | 68,075 | | | | | | 4.25 | | | | | | 3.06 | | | | | | 6,538 | | |
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SEC registration fee
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| | | $ | 440(1) | | |
|
FINRA filing fee
|
| | | | 639(1) | | |
|
Transfer agent fees and expenses
|
| | | | 10,000 | | |
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Printer fees and expenses
|
| | | | 20,000 | | |
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Legal fees and expenses
|
| | | | 185,000 | | |
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Accounting fees and expenses
|
| | | | 15,000 | | |
| Commission | | | | | 111,058 | | |
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Miscellaneous
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| | | | 5,000 | | |
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Total
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| | | $ | 347,137 | | |
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SEC registration fees
|
| | | US | $5,510 | | |
|
Nasdaq Listing fees
|
| | |
|
(1)
|
| |
|
TSXV Listing fees
|
| | |
|
(1)
|
| |
|
Printing Expenses
|
| | |
|
(1)
|
| |
|
Legal fees and expenses
|
| | |
|
(1)
|
| |
|
Accountants’ fees and expenses
|
| | |
|
(1)
|
| |
|
Transfer agent fees and expenses
|
| | |
|
(1)
|
| |
|
Miscellaneous
|
| | |
|
(1)
|
| |
|
Total
|
| | | US | $5,510 | | |
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