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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2023
Notes and other explanatory information [abstract] |
SUBSEQUENT EVENTS |
30. |  | SUBSEQUENT EVENTS
Direct Placement of Common Shares and Private Placement Warrants On February 16, 2024, the Company entered into a securities purchase agreement with certain institutional investors, pursuant to which the Company agreed to issue and sell, (i) in a registered direct offering, up to an aggregate of 1,487,870 of common shares with no par value of the Company at a per share purchase price of US$2.20 (the “Registered Offering”), and (ii) in a concurrent private placement, warrants initially exercisable for the purchase of an aggregate of 1,115,903 common shares of the Company at an exercise price of $3.00 per share, for gross proceeds of approximately US$3.01 million, before deducting fees to the placement agent and other estimated offering expenses payable by the Company. The Registered Offering was closed on February 21, 2024.

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