Company: CMND
Filing Date: 2025-06-12
Form Type: POS AM
Source: 0001213900-25-053898
Chunk: 16

Company: Clearmind Medicine Inc.
Filing Date: 2025-06-12
Form: POS AM
Chunk 16
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 to
force majeure provisions in such agreements.

Since the war broke out on October 7, 2023,
our operations have not been adversely affected by this situation, and we have not experienced disruptions to our clinical studies, facilities
or the manufacturing or supply of our drug candidates. However, the intensity and duration of Israel’s current security situation
in Israel is difficult to predict at this stage, as are such war’s economic implications on our business and operations and on
Israel’s economy in general, and we continue to monitor the situation closely and examine the potential disruptions that could
adversely affect our operations. If the ceasefires declared collapse or a new war commences or hostilities expand to other fronts, our
operations may be adversely affected.

Our insurance does not cover losses that may
occur as a result of an event associated with the security situation in the Middle East or for any resulting disruption in our operations.
Although the Israeli government has in the past covered the reinstatement value of direct damages that were caused by terrorist attacks
or acts of war, we cannot assure you that this government coverage will be maintained or, if maintained, will be sufficient to compensate
us fully for damages incurred, and the government may cease providing such coverage or the coverage might not suffice to cover potential
damages. Any losses or damages incurred by us could have a material adverse effect on our business.

Finally, political conditions within Israel
may affect our operations. Israel has held five general elections between 2019 and 2022, and prior to October 2023, the Israeli government
pursued extensive changes to Israel’s judicial system, which sparked extensive political debate and unrest. Actual or perceived
political instability in Israel or any negative changes in the political environment, may individually or in the aggregate adversely
affect the Israeli economy and, in turn, our business, financial condition, results of operations and growth prospects.

<div align='center'>5

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

This prospectus and elsewhere, including in
our 2024 Annual Report incorporated by reference herein, and other information included or incorporated by reference in this prospectus,
contains forward-looking statements concerning our business, operations and financial performance and condition, as well as our plans,
objectives and expectations for our business operations and financial performance and condition. Any statements contained herein that
are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking
statements by terminology