Company: CMND
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001213900-25-112329
Chunk: 46

Company: Clearmind Medicine Inc.
Filing Date: 2025-11-19
Form: 424B5
Chunk 46
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 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.

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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 of that proceeding.
Each of our directors and officers is deemed to have contracted with us on terms of the indemnity contained in our articles of association.
In addition, we may indemnify any other person in accordance with the BCBCA.

We also have entered and intend
to enter into separate indemnification agreements with our directors and executive officers, in addition to indemnification provided for
in our articles of association. These agreements, among other things, provide for indemnification of our directors and executive officers
for expenses, judgments, fines and settlement amounts incurred by such persons in any action or proceeding arising out of this person’s
services as a director or executive officer or at our request. We believe