Company: CMND
Filing Date: 2025-09-15
Form Type: POS AM
Source: 0001213900-25-087398
Chunk: 26

Company: Clearmind Medicine Inc.
Filing Date: 2025-09-15
Form: POS AM
Chunk 26
---
 liquidation, dissolution or winding up of our affairs, whether
voluntary or involuntary.

Liquidation.Holders of our Common Shares
have equal rights to receive our assets and funds available for distribution to shareholders in the event of any liquidation, dissolution
or winding up of our affairs, whether voluntary or involuntary.

Rights and Preferences. Holders of our
Common Shares will have no preemptive, conversion or subscription rights, and there will be no redemption or sinking funds provisions
applicable to our Common Shares. The rights, preferences and privileges of the holders of our Common Shares will be subject to, and may
be adversely affected by, the rights of the holders of share of any series of our preferred stock that we may designate and issue in
the future.

Fully Paid and Nonassessable. All of our
outstanding Common Shares are, and the Common Shares to be issued in this offering will be, fully paid and nonassessable.

<div align='center'>14</div>

Anti-Takeover Provisions

Some provisions of the BCBCA and other British
Columbia laws could make the following transactions more difficult: an acquisition of us by means of a tender offer; an acquisition of
us by means of a proxy contest or otherwise; or the removal of our incumbent officers and directors. It is possible that these provisions
could make it more difficult to accomplish or could deter transactions that stockholders may otherwise consider to be in their best interests
or in our best interests, including transactions that provide for payment of a premium over the market price for our Common Shares.

Undesignated Share Classes and Series.
The ability of our Board, without action by our stockholders, to create and issue undesignated shares in such classes and in such series
as determined by our Board, with voting or other rights or preferences as designated by our Board could impede the success of any attempt
to effect a change in control of our company. These and other provisions may have the effect of deferring hostile takeovers or delaying
changes in control or management of our company.

Limitations on Liability and Indemnification Matters

Our articles of association provide that we may
indemnify any of our directors, former directors, officers or former officers, any other person and his or her heirs and legal personal
representatives against all eligible penalties to which such person is or may be liable, and we may, after the final disposition of an
eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect