Convertible debentures outstanding as at October 31, 2022:

		USD
		(equity		CDN (embedded		USD (embedded
		component)		derivative)		derivative)		Total

Loan principal outstanding	$	1,205,144	$	2,321,755	$	347,700

Terms of loan
Annual stated interest rate		12% - 24%		12% - 24%		2% - 4%
Effective annual interest rate		24%		22 - 131%		24% - 5803%
Conversion price to common shares	$	0.03 - $0.07	$	0.05 - $0.08		(i) - (ii)
Remaining life (in months)		0 - 6		0 - 10		0 - 11

Consolidated Statement of Financial Position
Carrying value of loan principal	$	1,203,478	$	1,661,742	$	130,424	$	2,995,644
Interest payable		380,360		389,617		26,443		796,420
Convertible debentures	$	1,583,838	$	2,051,359	$	156,867	$	3,792,064

Derivative liabilities	$	-	$	439,194	$	202,105	$	641,299
Equity component of convertible debentures	$	793,140	$	-	$	-	$	793,140

For the year ended October 31, 2022:


		USD
		(equity			CDN (embedded			USD (embedded
		component)			derivative)			derivative)			Total
Consolidated Statement of Operations and Comprehensive Loss
Accretion expense	$	28,000		$	1,086,385		$	65,218		$	1,179,603
Interest expense	$	230,058		$	232,211		$	7,156		$	469,425
(Gain) loss on revaluation of derivative liabilities	$	-		$	(379,736	)	$	(29,871	)	$	(409,607	)
(Gain) loss on conversion of convertible debentures	$	-		$	-		$	94,326		$	94,326
(Gain) loss on repayment of convertible debentures	$	-		$	(661	)	$	(47,216	)	$	(47,877	)
(Gain) loss on extinguishment of convertible debentures	$	(28,007	)	$	99,078		$	129,579		$	200,650

Consolidated Statement of Changes in Equity
Amount of principal converted to common shares	$	-		$	-		$	712,100
Amount of interest converted to common shares	$	-		$	-		$	12,680
Number of common shares issued on conversion of convertible debentures		-			-			26,443,820			26,443,820

(a) Current period information presented in the consolidated financial statements

Consolidated Statement of Cash Flows
Amount of principal repaid in cash	$	-	$	7,490	$	56,000	$	63,490
Amount of interest repaid in cash	$	14,941	$	73,524	$	-	$	88,465

(i) Conversion price defined as 75% multiplied by the average of the lowest 3 closing stock prices for the 10 trading days prior to conversion date.

(ii) Conversion price defined as 75% multiplied by the lowest stock price for the 20 trading days prior to conversion date.

(b) Comparative information presented in the consolidated financial statements

Convertible debentures outstanding as at October 31, 2021:

		USD
		(equity		CDN (embedded		USD (embedded
		component)		derivative)		derivative)		Total

Loan principal outstanding	$	1,037,782	$	1,989,187	$	468,600

Terms of loan
Annual stated interest rate		12% - 24%		12% - 24%		2% - 10%
Effective annual interest rate		24.00%		13% - 28735624%		0% - 5525%

Conversion price to common shares	$	0.03 - $0.07	$	0.05 - $0.08		(i) - (ii)
Remaining life (in months)		0 - 6		0 - 6		0 - 10

Consolidated Statement of Financial Position
Carrying value of loan principal	$	1,036,124	$	609,924	$	172,166	$	1,818,214
Interest payable		332,605		269,455		32,128		634,188
Convertible debentures	$	1,368,729	$	879,379	$	204,294	$	2,452,402

Derivative liabilities	$	-	$	557,322	$	229,759	$	787,081
Equity component of convertible debentures	$	14,004	$	-	$	-	$	14,004

(i) Conversion price defined as 75% multiplied by the average of the lowest 3 closing stock prices for the 10 trading days prior to conversion date.

(ii) Conversion price defined as 75% multiplied by the lowest stock price for the 20 trading days prior to conversion date.

For the year ended October 31, 2021:

		USD
		(equity		CDN (embedded			USD (embedded
		component)		derivative)			derivative)			Total
Consolidated Statement of Operations and Comprehensive Loss
Accretion expense	$	28,001	$	1,003,613		$	138,307		$	1,169,921
Interest expense	$	236,519	$	226,520		$	32,770		$	495,809
(Gain) loss on revaluation of derivative liabilities	$	-	$	(2,718,409	)	$	171,217		$	(2,547,192	)
(Gain) loss on conversion of convertible debentures	$	-	$	(47,356	)	$	37,850		$	(9,506	)
(Gain) loss on extinguishment of convertible debentures	$	-	$	1,360,536		$	(341,608	)	$	1,018,928

Consolidated Statement of Changes in Equity
Amount of principal converted to common shares	$	-	$	100,000		$	284,000
Amount of interest converted to common shares	$	30,200	$	160,064		$	6,700
Number of common shares issued on conversion of convertible debentures		1,118,519		7,744,774			6,748,559			15,611,852

(b) Comparative information presented in the consolidated financial statements

Consolidated Statement of Cash Flows
Amount of principal repaid in cash	$	205,100	$	31,492	$	364,370	$	600,962
Amount of interest repaid in cash	$	25,101	$	36,052	$	26,113	$	87,266

For the year ended October 31, 2020:

		USD
		(equity		CDN (embedded			USD (embedded
		component)		derivative)			derivative)			Total
Consolidated Statement of Operations and Comprehensive Loss
Accretion expense	$	37,934	$	723,641		$	338,244		$	1,099,818
Interest expense	$	194,091	$	215,923		$	31,355		$	441,369
(Gain) loss on revaluation of derivative liabilities	$	-	$	(590,625	)	$	(179,295	)	$	(769,920	)
(Gain) loss on conversion of convertible debentures	$	-	$	-		$	96,484		$	96,484
(Gain) loss on extinguishment of convertible debentures	$	-	$	(10,919	)	$	(116,490	)	$	(127,409	)

Consolidated Statement of Changes in Equity
Amount of principal converted to common shares	$	20,000	$	35,000		$	553,000		$	608,000
Amount of interest converted to common shares	$	447	$	1,168		$	27,046		$	28,661

Number of common shares issued on conversion of convertible		511,175		731,440			42,995,029			44,237,644

Consolidated Statement of Cash Flows
Amount of principal repaid in cash	$	-	$	93,721		$	80,000		$	173,721
Amount of interest repaid in cash	$	60,918	$	93,005		$	1,767		$	155,690