This Amendment No. 8 (this “Amendment No. 8”) to the Statement on Schedule 13D in respect of the Common Shares of the Issuer (as previously hereby amended, the “Statement”) is being filed by the Reporting Persons with the SEC to report the events described herein. This Amendment No. 8 amends and supplements the Statement as originally filed with the SEC by the Shaun Noll on November 17, 2021 and previously amended by him on January 14, 2022, June 24, 2022, December 2, 2022, December 12, 2022 and November 27, 2023, and by the Reporting Persons on December 11, 2023 and December 28, 2023. Except as otherwise defined herein, capitalized terms used herein shall have the meanings ascribed thereto in the Statement prior to amendment hereby.
ITEM 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. |
On January 9, 2024, the Issuer announced the closing of the sale of Common Shares pursuant to the exercise of Rights at a subscription price of CA$0.35 per Common Share. WWT1 exercised Rights to acquire 31,116,461 Common Shares. Mr. Noll exercised Rights to acquire 68,903 Common Shares. WWT1 and Mr. Noll paid the subscription price using cash on hand.
Item 5. | Interest in Securities of the Issuer. |
Item 5(a)-(b) is hereby amended and restated in its entirety as follows:
The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Amendment No. 8 is incorporated by reference in its entirety into this Item 5.
The percentages of the outstanding Common Shares reported herein as beneficially owned by the Reporting Persons are based upon 191,091,952 Common Shares outstanding on January 9, 2024, as announced by the Issuer in a Periodic Report on Form 8-K filed with the SEC on the same date.