Company: CMND
Filing Date: 2025-01-22
Form Type: 20-F
Source: 0001213900-25-005490
Chunk: 96

Company: Clearmind Medicine Inc.
Filing Date: 2025-01-22
Form: 20-F
Item: Item 3
Chunk 96
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 of Israeli courts (subject to exceptional
cases), if its enforcement is likely to prejudice the sovereignty or security of the State of Israel, if it was obtained by fraud or in
the absence of due process, if it is at variance with another valid judgment that was given in the same matter between the same parties,
or if a suit in the same matter between the same parties was pending before a court or tribunal in Israel at the time the foreign action
was brought.

Because we are a corporation incorporated in British Columbia and
some of our directors and officers are resident in Canada, it may be difficult for investors in the United States to enforce civil liabilities
against us based solely upon the federal securities laws of the United States. Similarly, it may be difficult for Canadian investors to
enforce civil liabilities against our directors and officers residing outside of Canada.

We are a corporation incorporated under the laws
of British Columbia with our principal place of business in Vancouver, Canada. Some of our directors and officers and the predecessor
auditors or other experts named herein are residents of Canada and all or a substantial portion of our assets and those of such persons
are located outside the United States. Consequently, it may be difficult for U. S. investors to effect service of process within the United
States upon us or our directors or officers or such auditors who are not residents of the United States, or to realize in the United States
upon judgments of courts of the United States predicated upon civil liabilities under the Securities Act. Investors should not assume
that Canadian courts: (1) would enforce judgments of U. S. courts obtained in actions against us or such persons predicated upon the civil
liability provisions of the U. S. federal securities laws or the securities or blue-sky laws of any state within the United States or (2)
would enforce, in original actions, liabilities against us or such persons predicated upon the U. S. federal securities laws or any such
state securities or blue-sky laws.

Similarly, some of our directors and officers and
experts are residents of countries other than Canada and all or a substantial portion of the assets of such persons are located outside
Canada. As a result, it may be difficult for Canadian investors to initiate a lawsuit within Canada against these non-Canadian residents.
In addition, it may not be possible for Canadian investors to collect from these non-Canadian residents’ judgments obtained in courts
in Canada predicated on the civil liability provisions of securities legislation of certain of the provinces and territories of