Company: AVCRF
Filing Date: 2025-06-16
Form Type: 20-F
Source: 0001641172-25-015266
Chunk: 4

Company: Avricore Health Inc.
Filing Date: 2025-06-16
Form: 20-F
Item: Item 3
Chunk 4
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 declared any dividends since its inception in 2000 and has no present intention of paying any cash dividends on its common
shares in the foreseeable future.

The
Company has not declared any dividends since its inception in 2000 and has no present intention of paying any cash dividends on its common
shares in the foreseeable future. The payment by the Company of dividends, if any, in the future, rests in the discretion of the Company’s
Board of Directors and will depend, among other things, upon the Company’s earnings, its capital requirements and financial condition,
as well as other relevant factors.

There
is no assurance that the Company will be able to secure the funds needed for future development, and failure to secure such funds could
lead to a lack of opportunities for growth.

A
lack of funds would also impair the Company’s ability to roll out the HealthTab™ network. If adequate financing is not available
when required, the Company may be required to delay, scale back or eliminate various activities and may be unable to continue in operation.
The Company may seek such additional financing through debt or equity offerings, but there can be no assurance that such financing will
be available on terms acceptable to the Company or at all. Any equity offering will result in dilution to the ownership interests of
the Company’s shareholders and may result in dilution to the value of such interests.

Conflicts
of interest may exist for Directors and Officers which may inhibit their ability to act in the best interests of the Company and its
shareholders leading to possible impairment of the Company’s ability to achieve its business objectives.

The
directors and officers of the Company will not be devoting all of their time to the affairs of the Company. Some of the directors and
officers of the Company are directors and officers of other companies. The directors and officers of the Company will be required by
law to act in the best interests of the Company. They will have the same obligations to the other companies in respect of which they
act as directors and officers. Discharge by the directors and officers of their obligations to the Company may result in a breach of
their obligations to the other companies and, in certain circumstances, this could expose the Company to liability to those companies.
Similarly, discharge by the directors and officers of their obligations to the other companies could result in a breach of their obligation
to act in the best interests of the Company. Such conflicting legal obligations may expose the Company to liability to others and impair
its ability to achieve its business objectives