| Fiscal Year Ended December 31, 2023 (US$) | Fiscal Year Ended December 31, 2022 (US$) | |||||||
| Audit Fees (1) | 215,000 | 140,000 | ||||||
| Audit-Related Fees (2) | nil | nil | ||||||
| Tax Fees (3) | 86,650 | 9,800 | ||||||
| All Other Fees (4) | nil | nil | ||||||
| Total | 301,650 | 149,800 | ||||||
| Page | |||
| Item 1. | ABOUT THIS ANNUAL INFORMATION FORM | 1 | |
| Cautionary Note Regarding Forward-Looking Statements | 1 | ||
| Market and Industry Data | 2 | ||
| Glossary of Terms | 3 | ||
| Item 2. | Table of contents | 7 | |
| Item 3. | CORPORATE STRUCTURE | 8 | |
| 3.1 | Name, Address and Incorporation | 8 | |
| 3.2 | Intercorporate Relationships | 8 | |
| Item 4. | General Development of the Business | 8 | |
| 4.1 | Three Year History | 8 | |
| 4.2 | Significant Acquisitions | 10 | |
| Item 5. | Description of the Business | 11 | |
| 5.1 | General | 11 | |
| 5.2 | Risk Factors | 19 | |
| Item 6. | DIVIDENDS | 36 | |
| 6.1 | Dividends or Distributions | 36 | |
| Item 7. | Description of Capital Structure | 37 | |
| 7.1 | Share Capital | 37 | |
| 7.2 | Options to Purchase Securities | 37 | |
| Item 8. | Market for Securities | 39 | |
| 8.1 | Trading Price and Volume | 39 | |
| 8.2 | Prior Sales | 40 | |
| Item 9. | ESCROWED SECURITIES and securities subject to contractual restrictions on transfer | 40 | |
| 9.1 | Escrowed Securities and Securities Subject to Contractual Restriction on Transfer | 40 | |
| Item 10. | Directors and Officers | 41 | |
| 10.1 | Name, Occupation and Security Holding | 41 | |
| 10.2 | Cease Trade Orders, Bankruptcies, Penalties or Sanctions | 42 | |
| 10.3 | Conflicts of Interest | 44 | |
| Item 11. | PROMOTERS | 44 | |
| 11.1 | Promoters | 44 | |
| Item 12. | LEGAL PROCEEDINGS AND REGULATORY ACTIONS | 44 | |
| 12.1 | Legal Proceedings | 44 | |
| 12.2 | Regulatory Actions | 45 | |
| Item 13. | INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS | 45 | |
| 13.1 | Interest of Management and Others in Material Transactions | 45 | |
| Item 14. | TRANSFER AGENTS AND REGISTRARS | 45 | |
| 14.1 | Transfer Agents and Registrars | 45 | |
| 14.2 | Material Contracts | 45 | |
| Item 15. | INTERESTS OF EXPERTS | 45 | |
| 15.1 | Interests of Experts | 45 | |
| Item 16. | ADDITIONAL INFORMATION | 46 | |
| 16.1 | Audit Committee Information | 46 | |
| Appendix A | Audit Committee Charter | A-1 | |
