In connection with the closing of the first tranche of the Private Placement, the Company paid finders' fees in cash totaling $7,360 to Canaccord Genuity Corp. and Haywood Securities Inc. (collectively, the " Finders "), representing 8% of the gross proceeds from the sale of Units placed by the Finders and issued to the Finders a total of 32,000 non-transferable finder's warrants (" Finder's Warrants "), representing 8% of the Units placed by such Finders. Each Finder's Warrant entitles the holder thereof to acquire one Common Share at a price of $0.35 per Common Share until December 20, 2024.