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SILVERSURFER4263

04/19/23 8:07 PM

#511 RE: SILVERSURFER4263 #510

OVER 2 DOLLARS PPS IN FEBRUARY?

NOTE 6 – OTHER RELATED PARTY TRANSACTIONS



During the six months ended February 28, 2023, the Company entered into a services agreement with the CEO and director of a wholly-owned subsidiary, whereby the Company agreed to issue 200,000 common shares. The shares were valued based on the closing stock price of $2.10 on the date of the agreement, for total non-cash compensation of $420,000.



During the six months ended February 28, 2023, the Company entered into a services agreement with the Vice President of a wholly-owned subsidiary, whereby the Company agreed to issue 200,000 common shares. The shares were valued based on the closing stock price of $2.33 on the date of the agreement, for total non-cash compensation of $466,000.



During the six months ended February 28, 2023, the Company entered into a services agreement with the Chief Operating Officer of a wholly-owned subsidiary, whereby the Company agreed to issue 90,000 common shares. The shares were valued based on the closing stock price of $0.25 on the date of the agreement, for total non-cash compensation of $22,500.



During the six months ended February 28, 2023, the Company issued 100,000 common shares to the Corporate Communications Officer pursuant to an agreement dated December 15, 2021. The shares were valued based on the closing stock price of $0.05 on the date of the agreement, for total non-cash compensation of $5,000.



During the six months ended February 28, 2023, the Company issued 2,000,000 common shares to the President in exchange for services. The shares were valued based on the closing stock price of $0.21 on the date of the agreement, for total non-cash compensation of $420,000.




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During the six months ended February 28, 2023, the Company issued 1,000,000 common shares to the CEO of a wholly owned subsidiary in exchange for services. The shares were valued based on the closing stock price of $0.21 on the date of the agreement, for total non-cash compensation of $210,000.



During the six months ended February 28, 2023, the Company accrued $30,000 in fees to the President. The Company owes $84,000 to the President at February 28, 2023 ($57,500 – August 31, 2022).



During the six months ended February 28, 2023, the Company accrued $60,000 in fees to the CEO of a wholly-owned subsidiary. The Company owes $44,625 to the CEO at February 28, 2023 ($nil – August 31, 2022).



During the six months ended February 28, 2023, the Company paid $20,000 in fees to the CEO of a wholly-owned subsidiary. The Company owes $nil to the CEO at February 28, 2023 ($nil – August 31, 2022).



During the six months ended February 28, 2023, the Company accrued $12,000 in fees to the Chief Financial Officer. The Company owes $2,250 to the Chief Financial Officer at February 28, 2023 ($nil – August 31, 2022).



During the six months ended February 28, 2023, the Company accrued $12,000 in fees to the Corporate Secretary. The Company owes $2,700 to the Corporate Secretary at February 28, 2023 ($nil – August 31, 2022).