Company: CMND
Filing Date: 2025-12-05
Form Type: F-1/A
Source: 0001213900-25-118772
Chunk: 292

Company: Clearmind Medicine Inc.
Filing Date: 2025-12-05
Form: F-1/A
Chunk 292
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 1,126,480 |     | $                  |   1.60 |     | $                  |   1.60 |     | January 15, 2029   |
|             | 3,881,441 |     |                   | 2,238,848 |     |                    |        |     |                    |        |     |                    |

F-51 CLEARMIND MEDICINE INC. Notes to the Condensed Interim Consolidated Financial Statements For the three and nine months ended July 31, 2025 and 2024 (Expressed in United States Dollars) (Unaudited)

| 8. | Stock Options |

The maximum number of common shares
reserved for issuance in any -month period to a related party consultant may not exceed % of the issued and outstanding common shares
at the date of the grant (and may not exceed % in total, to all related parties). The maximum number of common shares reserved for issuance
in any -month period to any investor relations service provider may not exceed % of the issued and outstanding common shares at the
date of the grant.

|                               |     | Number     
 of options |       |   |     | Weighted average    
 exercise price (C$) |        |     | Weighted average 
 exercise price   
 (USD$)           |        |
|:------------------------------|:----|:-----------|------:|:--|:----|:--------------------|-------:|:----|:-----------------|-------:|
| Outstanding, October 31, 2023 |     |            | 5,588 |   |     | C$                  | 603.12 |     | $                | 434.82 |
| Expired                       |     |            |   (67 | ) |     |                     | 720.00 |     |                  | 533.14 |
| Outstanding, October 31, 2024 |     |            | 5,521 |   |     | C$                  | 601.71 |     | $                | 432.38 |
| Outstanding, July 31, 2025    |     |            | 5,521 |   |     | C$                  | 601.70 |     | $                | 434.63 |
| Exercisable, July 31, 2025    |     |            | 5,509 |   |     | C$                  | 602.94 |