Profile

CLARIFICATION TO ITEM 12 - CERTAIN ENTITIES LISTED ARE NO LONGER IN A MARKETING AGREEMENT WITH THE ISSUER IN CONNECTION WITH SALES OF SECURITIES IN THE OFFERING.

2024-11-27

D/A

$0.00

CLARIFICATION TO ITEM 12 - CERTAIN ENTITIES LISTED ARE NO LONGER IN A MARKETING AGREEMENT WITH THE ISSUER IN CONNECTION WITH SALES OF SECURITIES IN THE OFFERING.

2023-11-29

D/A

$0.00

CLARIFICATION TO ITEM 12 - CERTAIN ENTITIES LISTED ARE NO LONGER IN A MARKETING AGREEMENT WITH THE ISSUER IN CONNECTION WITH SALES OF SECURITIES IN THE OFFERING.

2022-11-30

D/A

$0.00

2021-12-03

D/A

$0.00

2020-12-21

D/A

$0.00

2020-10-23

D/A

$0.00

Yes

$0.00

THE PERSONS LISTED IN ITEM 12 RECEIVE A PERCENTAGE OF THE MANAGEMENT FEES AND/OR PERFORMANCE FEES PAID TO THE INVESTMENT MANAGER WITH RESPECT TO THE APPLICABLE INVESTORS

2020-09-10

$78,394.00

Yes

$0.00

USD AMOUNTS ARE BASED ON THE BANK OF CANADA RATE REPORTED ON 9/3/2020 ($1.00=CAD$1.3123). THE BROKER ALSO RECEIVED WARRANTS EQUAL TO 3% OF THE NUMBER OF SHARES SOLD, WITH EACH WARRANT EXERCISABLE FOR ONE SHARE AT CAD$0.63 PER SHARE UNTIL 9/3/2021.

2020-09-10

D/A

$0.00

$21,301.00

IN ADDITION, SCARSDALE EQUITIES LLC RECEIVED 56,000 WARRANTS, EXERCISABLE WITHIN 2 YEARS OF CLOSING.

2020-09-08

$102,000.00

$0.00

2020-09-02

$0.00

$171,895.00

2020-08-21

$0.00

$15,809.00

AGGREGATE FEES OF CAD$21,012. US $ AMOUNTS BASED ON THE BANK OF CANADA AVERAGE RATE OF EXCHANGE REPORTED ON AUGUST 11, 2020 WHICH WAS CAD$1.3291 = US$1.00. FINDERS HAVE ALSO RECEIVED AN AGGREGATE OF 46,694 WARRANTS TO PURCHASE COMMON SHARES OF THE ISSUER.

2020-01-27

$0.00

$4,349.00

2020-01-14

$0.00

$26,803.00

2019-12-20

D/A

$0.00

2019-12-20

$101,083.00

$0.00

INFORMATION IS BASED ON THE DECEMBER 6, 2019 EXCHANGE RATE OF CND $1= USD $0.7544.

2019-10-16

$0.00

$24,000.00

2019-09-17

D/A

$0.00

Yes

$0.00

EACH PERSON LISTED IN ITEM 12 HEREOF WILL RECEIVE A PERCENTAGE OF THE MANAGER-S PERFORMANCE ALLOCATION AND/OR MANAGEMENT FEE PAID WITH RESPECT TO THE AMOUNTS INVESTED BY INVESTORS INTRODUCED BY SUCH PERSON FOR A SPECIFIED PERIOD.

2019-01-25

D/A

$0.00

$11,160.00

2018-12-21

D/A

$0.00

2018-09-17

D/A

$0.00

Yes

$0.00

2018-08-02

$0.00

$3,391.00

A TOTAL OF 22,500 NON-TRANSFERABLE FINDER-S WARRANTS WILL BE ISSUED, EACH ENTITLING HOLDER TO PURCHASE 1 COMMON SHARE OF ISSUER FOR A PERIOD, SUBJECT TO ACCELERATION, OF 24 MONTHS AT A PRICE OF $0.20 CAD; 7/19/2018 EXCHANGE RATE: $1.00 USD = $1.3268 CAD

2018-07-12

D/A

$0.00

2017-10-27

$60,000.00

$0.00

SCARSDALE WAS PAID $60,000 IN CASH AND A WARRANT TO PURCHASE 90 UNITS ISSUED IN THE OFFERING AT A PRICE OF $100 PER UNIT.

2017-09-15

D/A

$0.00

Yes

$0.00

2017-07-12

D/A

$0.00

2017-07-07

$132,502.00

$0.00

THE AGENTS ARE ALSO ENTITLED TO A 7% COMMISSION AND AGENT-S COMPENSATIONS OPTIONS EQUAL TO 7% OF THE NUMBER OF SHARES SUBSCRIBED IN THE OFFERING. THE AGENT-S OPTIONS ARE EXERCISABLE TO PURCHASE ONE SHARE FOR C$0.15 FOR 24 MONTHS.

2017-04-12

D/A

$0.00

2017-03-03

$153,000.00

$0.00

FEES PAID TO SCARSDALE EQUITIES LLC IN AN AMOUNT EQUAL TO $153,000 AND THEY WILL BE ENTITLED TO RECEIVE SEVEN-YEAR WARRANTS TO PURCHASE 273,455 UNITS AT AN EXERCISE PRICE OF $0.35 PER SHARE.

2016-12-16

$0.00

$18,630.00

CANADIAN DOLLARS

2016-11-17

$460,217.00

$0.00

THE BROKER ALSO RECEIVED 784,042 BROKER WARRANTS. EACH WARRANT IS EXERCISABLE INTO ONE COMMON SHARE AT A PRICE OF CDN$0.77 UNTIL NOVEMBER 4, 2018.

2016-09-28

$1,094,257.00

$0.00

CDN$1 = USD$0.7566.

2016-09-15

D/A

$0.00

Yes

$0.00

Yes

EACH PERSON LISTED IN ITEM 12 HEREOF WILL RECEIVE A PERCENTAGE OF THE MANAGER-S PERFORMANCE FEE AND/OR MANAGEMENT FEE PAID WITH RESPECT TO THE AMOUNTS INVESTED BY INVESTORS INTRODUCED BY SUCH PERSON FOR A SPECIFIED PERIOD.

2016-09-09

D/A

$0.00

2016-08-08

$0.00

$23,460.00

CANADIAN DOLLARS

2016-06-15

$73,500.00

$0.00

2016-06-13

$120,000.00

$0.00

FEES PAID TO SCARSDALE EQUITIES LLC IN AN AMOUNT EQUAL TO 6% OF THE PROCEEDS OF THIS FINANCING AND A WARRANT TO PURCHASE 6% OF THE SECURITIES ISSUED WITH A WARRANT PRICE EQUAL TO 100% OF THE OFFERING PRICE OF THE SECURITIES SOLD.

2016-05-31

$139,821.00

$0.00

IN ADDITION TO THE CASH COMMISSION OF US$139,821, THE SALES AGENTS RECEIVED 55,519 WARRANTS EXERCISABLE AT CDN$1.49.

2016-03-11

$108,000.00

Yes

$0.00

SIX PERCENT (6.0%) OF THE TOTAL AMOUNT SOLD PLUS WARRANTS EQUAL TO 3% OF COMMON STOCK SOLD. THE MAXIMUM CASH COMMISSION IS $108,000.00.

2015-10-08

$164,050.00

$0.00

2015-09-15

D/A

$0.00

Yes

$0.00

Yes

2015-09-11

D/A

$0.00

2015-09-11

D/A

$292,597.00

$0.00

2015-08-31

$39,000.00

$0.00

2015-07-23

$78,000.00

$0.00

2015-07-13

$0.00

$26,853.00

FINDER-S FEE IN CONNECTION WITH THIS OFFERING WERE INCURRED AND PAID IN CANADIAN DOLLARS AND HAVE BEEN CONVERTED INTO US DOLLARS FOR THE PURPOSE OF THIS FORMD D USING THE NOON EXCHANGE RATE AT JUNE 29, 2015 PUBLISHED BY THE BANK OF CANADA.

2015-06-17

$325,986.00

$0.00

PLUS WARRANTS TO PURCHASE 703,997 AND 223,746 SHARES OF COMMON STOCK AT $.4816 AND $.5254 PER SHARE, RESPECTIVELY.

2015-05-19

$0.00

$49,500.00

2015-03-20

D/A

$256,300.00

$0.00

2015-03-06

D/A

$224,000.00

$0.00

2015-02-17

$148,804.00

$0.00

PLUS WARRANTS TO PURCHASE AN AGGREGATE OF 109,931 COMMON SHARES AT $1.15 PER SHARE.

2014-09-19

D/A

$0.00

2014-09-15

D/A

$0.00

Yes

$0.00

Yes

2014-08-18

$292,597.00

$0.00

2014-07-31

$103,500.00

$0.00

2014-07-30

$224,000.00

$0.00

2014-05-20

$2,763.00

$0.00

IN ADDITION TO THE CASH COMMISSION OF $2,763, SCARSDALE EQUITIES LLC RECEIVED 7,500 WARRANTS AS COMMISSION, EXERCISABLE FOR SHARES OF COMMON STOCK AT CDN$.60 PER SHARE THROUGH MAY 8, 2016

2014-04-22

$60,000.00

Yes

$0.00

2014-02-04

$101,000.00

$0.00

2014-01-16

$0.00

$4,932.00

Yes

2013-12-05

$19,911.00

$0.00

2013-11-20

$130,110.00

$0.00

IN ADDITION TO THE CASH COMMISSION OF $130,110, SCARSDALE EQUITIES LLC RECEIVED 705,128 OPTIONS TO PURCHASE UNITS WITH THE SAME TERMS AS THE OFFERED UNITS.

2013-11-15

$1,478,437.00

$0.00

THE COMPANY ALSO ISSUED A TOTAL OF 726,856 WARRANTS TO PURCHASE THE COMPANY-S COMMON STOCK AT $2.50 PER SHARE.

2013-10-31

$500,000.00

Yes

$0.00

2013-10-10

$466,699.00

$0.00

THE FOLLOWING MAY BE ISSUED AS SALES COMMISSIONS: 1) UP TO A 6% CASH COMMISSION OF $466,699; AND 2) UP TO 6% WARRANTS, CONSISTING OF 480,000 WARRANTS EXERCISABLE AT CDN$0.60 PER COMMON SHARE AND 480,000 WARRANTS EXERCISABLE AT CDN$0.80 PER COMMON SHARE

2013-09-20

D/A

$0.00

Yes

$0.00

Yes

2013-09-10

D/A

$0.00

2013-07-03

$0.00

$58,320.00

Yes

2013-02-15

D/A

$0.00

Yes

THE PERSONS LISTED IN ITEM 12 RECEIVE A PERCENTAGE OF THE MANAGEMENT FEES PAID TO THE INVESTMENT MANAGER BY THE APPLICABLE INVESTORS.

2013-01-29

D/A

$3,240.00

$0.00

2012-12-31

$1,408.00

$0.00

IN ADDITION TO CASH COMMISSION, THE AGENTS WERE ISSUED UP TO A TOTAL OF 2,153 WARRANTS. EACH WARRANT MAY BE EXERCISED FOR 1 COMMON SHARE AT CDN$1.00 PER SHARE UNTIL DECEMBER 21, 2013.

2012-12-06

$56,875.00

$0.00

IN ADDITION, THE PLACEMENT AGENT RECEIVED WARRANTS TO PURCHASE 56,875 SHARES OF THE COMPANY-S COMMON STOCK EXERCISABLE AT $1.00 PER SHARE FOR ONE YEAR FROM NOVEMBER 30, 2012 AND IS ENTITLED TO REIMBURSEMENT OF EXPENSES UP TO $50,000.

2012-11-28

$3,240.00

$0.00

2012-10-12

D/A

$0.00

2012-09-21

$0.00

2012-09-11

D/A

$0.00

2012-08-01

D/A

$0.00

Yes

$0.00

Yes

THE ENTITIES LISTED IN ITEM 12 ABOVE ARE PAID DIRECTLY OR INDIRECTLY COMMISSIONS OR SIMILAR SALES COMPENSATION EQUAL TO A PERCENTAGE OF THE FEE PAID TO THE INVESTMENT MANAGER (OR ITS AFFILIATE) FROM THE ASSETS UNDER MANAGEMENT.

2012-08-01

D/A

$0.00

Yes

$0.00

Yes

THE ENTITIES LISTED IN ITEM 12 ABOVE ARE PAID DIRECTLY OR INDIRECTLY COMMISSIONS OR SIMILAR SALES COMPENSATION EQUAL TO A PERCENTAGE OF THE FEE PAID TO THE GENERAL PARTNER (OR ITS AFFILIATE) FROM THE ASSETS UNDER MANAGEMENT AND/OR THE INCENTIVE ALLOCATION

2012-05-30

D/A

$0.00

2012-05-30

D/A

$0.00

2012-05-30

D/A

$0.00

2012-05-22

$82,500.00

$0.00

AMOUNT PROVIDED IS BASED ON RETAINER AND SALES MADE TO DATE.

2012-05-03

$0.00

FINDER RECEIVED 125,000 UNITS IN CONNECTION WITH THE US PORTION OF THE OFFERING. EACH UNIT IS COMPRISED OF 1 COMMON SHARE AND 1/2 OF 1 SHARE PURCHASE WARRANT. EACH WARRANT IS EXERCISABLE FOR ONE COMMON SHARE AT AN EXERCISE PRICE OF CDN$0.60 FOR 18 MONTHS.

2012-04-11

$0.00

Yes

$0.00

Yes

THE ENTITY LISTED IN ITEM 12 IS PAID DIRECTLY OR INDIRECTLY COMMISSIONS OR SIMILAR SALES COMPENSATION EQUAL TO A PERCENTAGE OF THE FEE PAID TO THE GENERAL PARTNER (OR ITS AFFILIATE) FROM THE ASSETS UNDER MANAGEMENT.

2012-03-28

D/A

$10,136.00

Yes

$0.00

THE ISSUER ALSO ISSUED APPROXIMATELY 40,000 NON-TRANSFERABLE FINDER-S WARRANTS. EACH SUCH WARRANT IS EXERCISABLE FOR ONE COMMON SHARE AT AN EXERCISE PRICE OF CDN$0.25 PER SHARE FOR A PERIOD OF 24 MONTHS.

2012-03-09

$10,136.00

Yes

$0.00

2012-02-16

$0.00

2011-11-29

$0.00

$63,666.00

Yes

2011-09-12

D/A

$0.00

2011-08-24

D/A

$69,591.00

Yes

$0.00

THE AGENT ALSO RECEIVED APPROXIMATELY 330,000 AGENT WARRANTS IN CONNECTION WITH THE U.S. PORTION OF THE OFFERING. EACH SUCH WARRANT IS EXERCISABLE FOR ONE COMMON SHARE AT AN EXERCISE PRICE OF CDN$0.25 PER SHARE FOR 18 MONTHS.

2011-08-15

$0.00

$12,719.00

REPRESENTS A CASH COMMISSION OF C$12,800, CONVERTED TO US$. IN ADDITION THE AGENT ALSO RECEIVED 213,333 AGENT-S WARRANTS EXERCISABLE AT C$0.15 FOR A PERIOD OF 12 MONTHS.

2011-08-09

$55,026.00

Yes

$0.00

THE AGENT ALSO RECEIVED APPROXIMATELY 260,932 AGENT WARRANTS IN CONNECTION WITH THE U.S. PORTION OF THE OFFERING. EACH SUCH WARRANT IS EXERCISABLE FOR ONE COMMON SHARE AT AN EXERCISE PRICE OF CDN$0.25 PER SHARE FOR 24 MONTHS.

2011-08-05

$600,000.00

Yes

$0.00

REPRESENTS THE MAXIMUM AMOUNT OF SALES COMMISSIONS PAYABLE FOR INTRODUCTIONS MADE BY PLACEMENT AGENT ASSUMING THE SALE OF THE MAXIMUM AMOUNT OFFERED. DOES NOT INCLUDE PLACEMENT AGENT WARRANTS EQUAL TO 6% OF THE PROCEEDS RAISED IN THE OFFERING.

2011-07-28

$21,091.00

Yes

$0.00

2011-05-17

$94,847.00

$0.00

IN ADDITION TO THE CASH COMMISSION OF $94,847, THE AGENTS RECEIVED 180,000 UNITS (WITH SAME TERMS AS OFFERED UNITS) AND 90,000 WARRANTS EXERCISABLE FOR COMMON STOCK AT CDN$1.00 PER SHARE FOR 12 MONTHS FOLLOWING CLOSING.

2011-04-05

D/A

$0.00

2011-03-28

$0.00

$345,287.00

Yes

FINDERS WERE ISSUED 104,585 UNITS AT C$3.25. EACH UNIT CONSISTS OF ONE COMMON SHARE AND ONE-HALF SHARE PURCHASE WARRANT TO PURCHASE A SHARE FOR TWO YEARS. FINDERS WERE ALSO ISSUED FINDER WARRANTS TO PURCHASE 104,585 SHARES AT C$3.50 FOR TWO YEARS.

2011-02-28

$0.00

$127,826.00

FINDER ALSO RECEIVED 315,000 WARRANTS FOR THE PURCHASE OF UNITS AT THE PRICE OF C$0.40 PER UNIT. EACH UNIT IS COMPRISED OF ONE COMMON SHARE AND 1/2 OF A COMMON SHARE PURCHASE WARRANT.

2010-12-27

$157,080.00

$0.00

REPRESENTS A 7% CASH COMMISSION, CONVERTED TO US$. AGENTS ALSO RECEIVED A 7% COMMISSION PAYABLE IN COMPENSATION OPTIONS EXERCISABLE UNTIL DECEMBER 16, 2010 AT AN EXERCISE PRICE OF C$0.71 PER SHARE.

2010-12-15

$30,958.00

$0.00

IN ADDITION TO THE CASH COMMISSION, 11,115 WARRANTS WERE ISSUED AS PARTIAL PAYMENT OF THE COMMISSION. THE WARRANTS ARE EACH EXERCISABLE FOR 1 COMMON SHARE AT CDN$1.10 THROUGH MARCH 31, 2010.

2010-11-22

$0.00

$460,026.00

Yes

FINDERS WERE ISSUED 184,250 UNITS AT C$2.50. EACH UNIT CONSISTS OF ONE COMMON SHARE AND ONE SHARE PURCHASE WARRANT TO PURCHASE A SHARE FOR FIVE YEARS. FINDERS WERE ALSO ISSUED FINDER WARRANTS TO PURCHASE 185,000 SHARES AT C$2.65 FOR TWO YEARS.

2010-10-28

D/A

$800,000.00

Yes

$45,000.00

Yes

ESTIMATE BASED ON FULLY SUBSCRIBED OFFERING.

2010-09-15

$1,571.00

$0.00

COMMISSION REPRESENTS CASH COMMISSION OF C$1,620, CONVERTED TO US$ BASED ON THE EXCHANGE RATE ON AUGUST 17, 2010 OF US$1.00=C$1.0312.

2010-08-05

$0.00

$3,090.00

Yes

THE ISSUER ALSO ISSUED APPROXIMATELY 12,800 NON-TRANSFERABLE FINDER-S WARRANTS. EACH SUCH WARRANT IS EXERCISABLE FOR ONE COMMON SHARE AT AN EXERCISE PRICE OF CDN$0.25 PER SHARE UNTIL JULY 27, 2012.

2010-07-27

$0.00

$14,000.00

ALL DOLLAR AMOUNTS ARE IN CANADIAN DOLLARS. THE RECIPIENT LISTED IN ITEM 12 ALSO RECEIVED WARRANTS TO PURCHASE UP TO AN ADDITIONAL 140,000 COMMON SHARES OF TOURNIGAN UP TO AND INCLUDING JULY 14, 2012 AT AN EXERCISE PRICE OF $0.20.

2010-05-11

$22,500.00

$0.00

2010-04-13

$34,800.00

$0.00

SALES COMMISSION CONSISTED OF $34,800 AND 26-MONTH WARRANT TO PURCHASE 104,400 SHARES OF COMMON STOCK AT EXERCISE PRICE OF $1.15 PER SHARE.

2009-11-05

D/A

$1,000,000.00

Yes

$2,000.00