Company: CMND
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109567
Chunk: 55

Company: Clearmind Medicine Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 55
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BCA, our articles require us to indemnify our directors, officers, former directors or officers (and such individual’s           
 respective heirs and legal representatives) and permit us to indemnify any person to the extent permitted by the BCBCA.                   |

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| Limited                
 Liability of Directors |     | The DGCL permits                                                                                                                             
 the adoption of a provision in a corporation’s certificate of incorporation limiting or eliminating the monetary liability                   
 of a director to a corporation or its shareholders by reason of a director’s breach of the fiduciary duty of care. The DGCL                  
 does not permit any limitation of the liability of a director for: (i) breaching the duty of loyalty to the corporation or its shareholders; 
 (ii) acts or omissions not in good faith; (iii) engaging in intentional misconduct or a known violation of law; (iv) obtaining an            
 improper personal benefit from the corporation; or (v) paying a dividend or approving a stock repurchase that was illegal under applicable   
 law.                                                                                                                                         |     | Under the BCBCA,                                                                                                                         
 a director or officer of a company must (i) act honestly and in good faith with a view to the best interests of the company; (ii)        
 exercise the care, diligence and skill that a reasonably prudent individual would exercise in comparable circumstances; (iii) act        
 in accordance with the BCBCA and the regulations thereunder; and (iv) subject to (i) to (iii), act in accordance with the articles       
 of the company. These statutory duties are in addition to duties under common law and equity. No provision in a contract or the articles 
 of a company may relieve a director or officer of a company from the above duties.  Under the BCBCA, a director is not                   
 liable for certain acts if the director has otherwise complied with his or her duties and relied, in good faith, on (i) financial        
 statements of the company represented to the director by an officer of the company or in a written report of the auditor of the company  
 to fairly reflect the financial position of the company, (ii) a written report of a lawyer, accountant, engineer, appraiser or other     
 person whose profession lends credibility to a statement made by that person, (iii) a statement of fact represented to the director      
 by an officer of the company to be correct, or (iv) any record, information or representation that the court considers provides          
 reasonable grounds for the actions