NOTE 17 – SUBSEQUENT EVENTS

On May 1, 2026, the Company received a payment of $200,000 from Bench Walk.

On May 29, 2026, the ICSID tribunal issued its final award in ICSID Case No. ARB/23/24, dismissing the Company’s Claim on the basis that it lacked jurisdiction and/or that the claim was time-barred and ordered the Company to pay a portion of Mexico’s legal costs totaling approximately US$998,000. (Note 4). The Company is currently assessing the decision to determine whether there are grounds for annulment. The Company has 120 days from the date of the ruling to register for annulment, and the proceeding would be anticipated to take approximately 18 to 36 months from the date of registration .  

On June 3, 2026, 45,000 warrants to acquire 45,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $4,213 ($CDN 5,850).

Following the unfavorable award issued by the ICSID tribunal, Bench Walk terminated the Funding Agreement, and the Company wrote off the related account balance of $192,132.