Company: MDCXW
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001062993-25-016880
Chunk: 10

Company: Medicus Pharma Ltd.
Filing Date: 2025-11-17
Form: 424B3
Chunk 10
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 life of 5 years and share price of $3.13.

As of September 30, 2025, none of the June 2030 Warrants have been exercised. Warrants Activity as below:

|                                                         |     |    Number of 
 common share 
     warrants 
  outstanding |   |     |   Number of 
      common 
       share 
    warrants 
 exercisable |     | Weighted 
  average 
 exercise 
  price $ |     |     Weighted 
      average 
    remaining 
 life (years) |
| Outstanding as at  December 31, 2024                    |     |    1,115,500 |   |     |   1,115,500 |     |     0.87 |     |            4 |
| Granted Regulation A Warrants on March 10, 2025         |     |    1,490,000 |   |     |   1,490,000 |     |     0.70 |     |            4 |
| Granted warrants on June 2, 2025                        |     |    2,260,000 |   |     |   2,260,000 |     |     1.18 |     |            5 |
| Granted Series A and B warrants issued on July 15, 2025 |     |    2,680,000 |   |     |   2,680,000 |     |     1.69 |     |            5 |
| Exercise of Regulation A warrants                       |     |   (1,473,800 | ) |     |           - |     |     2.57 |     |            - |
| Exercise of public warrants                             |     |     (129,905 | ) |     |           - |     |     0.38 |     |            - |
| Total Warrants outstanding as at September 30, 2025     |     |    5,941,795 |   |     |             |     |          |     |              |

12 The number of Warrants outstanding as of September 30, 2025:

| Warrants outstanding 
 Expiry date          |   | Exercise price |     | Number outstanding |
|:---------------------|:--|---------------:|:----|-------------------:|
| November 15, 2029    | $ |           4.64 |     |            985,595 |
| March