The aggregate value of the November 2018 Notes
and November 2018 Warrants as shown on the consolidated balance sheet are broken down as follows:
| |
|
February 28, 2021 |
|
|
February 29, 2020 |
|
|
Issue Date |
|
| November 2018 Convertible Notes - Liability |
|
|
- |
|
|
|
- |
|
|
$ |
2,495,636 |
|
| Accrued interest – Liability |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Deferred financing costs |
|
|
- |
|
|
|
- |
|
|
|
(63,738 |
) |
| |
|
|
- |
|
|
|
- |
|
|
|
2,431,898 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| November 2018 Warrants - Liability |
|
|
- |
|
|
|
- |
|
|
$ |
154,364 |
|
The aggregate values of the beneficial conversion
feature, the January 2019 Warrants and the January 2019 Notes are broken down as follows:
| |
|
February 28, 2021 |
|
|
February 29, 2020 |
|
|
Issue Date |
|
| January 2019 Convertible Notes – Liability |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2,941,381 |
|
| Accrued interest – Liability |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Deferred financing costs |
|
|
- |
|
|
|
- |
|
|
|
(79,539 |
) |
| |
|
|
- |
|
|
|
- |
|
|
|
2,861,842 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| January 2019 Beneficial Conversion Option – Equity |
|
|
- |
|
|
|
- |
|
|
|
1,200,915 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| January 2019 Warrants – Equity |
|
$ |
- |
|
|
$ |
727,148 |
|
|
$ |
757,704 |
|
|