8 SHARE CAPITAL (cont’d...) Issued and outstanding (cont’d...)
During the period ended June 30, 2020, the Company issued one common share at a price of $1 on June 24, 2020, the date of incorporation
Escrowed shares
As at March 31, 2021, the Company had 73,907,831 common shares subject to escrow release restrictions, of which, 7,390,738 were released on February 10, 2021, and 11,086,175 common shares will be released on each of the following dates: August 10, 2021, February 10, 2022, August 10, 2022, February 10, 2022, August 10, 2023, and February 10, 2024.