Company: CMND
Filing Date: 2025-12-05
Form Type: F-1/A
Source: 0001213900-25-118772
Chunk: 296

Company: Clearmind Medicine Inc.
Filing Date: 2025-12-05
Form: F-1/A
Chunk 296
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 |   4,008 |   |

| d. | Interest Rate Risk |

Interest rate risk is the risk that
the fair value of future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The fair value
of the derivative warrant liabilities can fluctuate depending on the fluctuation in the risk-free interest rate.

| e. | Liquidity Risk |

Liquidity risk is the risk that the
Company will not be able to meet its financial obligations as they fall due. The Company’s objective to managing liquidity risk
is to ensure that it has sufficient liquidity available to meet its liabilities when due. The Company relies on raising debt or equity
financing in a timely manner.

The following amounts are the contractual
maturities of financial liabilities as of July 31, 2025 and October 31, 2024:

| July 31, 2025                            |     | Total |         |     | Within 
 1 year |         |     | Within    
 2-5 years |   |
|:-----------------------------------------|:----|:------|--------:|:----|:-------|--------:|:----|:----------|:--|
| Accounts payable and accrued liabilities |     | $     | 646,919 |     | $      | 646,919 |     | $         | – |
| Due to related parties                   |     |       |  49,820 |     |        |  49,820 |     |           | – |
| Lease liability                          |     |       |  28,439 |     |        |  28,439 |     |           | – |
|                                          |     | $     | 725,178 |     | $      | 725,178 |     | $         | – |

| October 31, 2024                         |     | Total |         |     | Within 
 1 year |         |     | Within    
 2-5 years |        |
|:-----------------------------------------|:----|:------|--------:|:----|:-------|--------:|:----|:----------|-------:|
| Accounts payable and accrued liabilities |     | $     | 526,056 |     | $      | 526,056 |     | $         |      – |
| Due to related parties                   |     |       |  48,962 |     |        |  48,962 |     |           |      –