Common use of Warrant Coverage Clause in Contracts

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third percent (33⅓%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third one hundred percent (33⅓%100%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$0.17 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third percent (33⅓%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$0.47 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third one hundred percent (33⅓%100%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$0.40 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third one hundred percent (33⅓%100%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$0.22 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third one hundred percent (33⅓%100%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$4.63 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third percent (33⅓%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$3.45 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.

Warrant Coverage. In connection with the issuance of the Convertible Note, the Company shall issue to the Investor warrants to purchase a number of Common Shares equal to thirty-three and one-third one hundred percent (33⅓%100%) of the principal amount of the Convertible Note divided by an exercise price of CAD 3.45 CAD$0.36 per Common Share (the “Warrants”). The Warrants shall be issued pursuant to a separate warrant agreement, substantially in the form attached as Exhibit B hereto, and shall be subject to the terms and conditions set forth therein.