v3.22.2.2
Notes and Amounts Receivable for Equity Issued (Tables)
 9 Months Ended
Sep. 30, 2022
Notes And Amounts Receivable For Equity Issued  
Schedule of Notes and Amounts Receivable for Equity Issued

 

   September 30, 2022 
Notes receivable  $1,109,032 
Amounts receivable   52,977*
Notes and Amounts Receivable for Equity Issued  $1,162,009 

 

* Consists of receivables for the exercise of warrants and options at various exercise prices during the year ended December 31, 2021 and nine months ended September 30, 2022. The receivables are unsecured, non-interest-bearing and due on demand.
Schedule of Promissory Notes

See summary table below for terms specific to the promissory note.

 

   # of Securities exercised   Principal   Maturity date Interest rate  
Current                    
    500,000   $48,087   September 30, 2021   5%  
    500,000   $48,087   December 31, 2021   5%  
    500,000   $48,087   November 30, 2021   5%  
    250,000   $24,044   November 30, 2021   5%  
    150,000   $14,426   December 31, 2021   5%  
    2,236,667   $189,680   November 10, 2022   5%  
    1,000,000   $95,924   November 10, 2022   5%  
    2,620,000   $146,639   November 10, 2022   5%  
    670,000   $34,846   November 10, 2022   5%  
    500,000   $48,088   July 31, 2023   5%  
    1,500,000   $144,261   July 31, 2023   5%  
    1,000,000   $96,174   July 31, 2023   5%  
    200,000   $19,235   July 28, 2023   5%  
    2,360,000   $226,971   July 28, 2023   5%  
Total   13,986,667*  $1,184,549          

 

*Includes 12,176,667 warrants exercised and 1,810,000 options exercised
Schedule of Promissory Note Receivable

The following is a continuity of the Company’s promissory note receivable:

 

Notes Receivable    
Balance, January 1, 2021  $- 
Additions   1,184,549 
Repayments   (23,745)
Accrued interest   17,733 
Foreign exchange loss on revaluation   (19,705)
Balance, December 31, 2021  $1,158,832 
Repayments (See Note 17)   (49,800)
Balance, September 30, 2022  $1,109,032