UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~Form~~FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~August~~February 3128, ~~2021~~2022

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________________to ________________

Commission File Number 000-54327

CENTURY COBALT CORP.

(Exact name of registrant as specified in its charter)

Nevada		98-0579157
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

10100 Santa Monica Blvd., Suite 300, Century City, Los Angeles, CA		90067
(Address of principal executive offices)		(Zip Code)

(310) 772-2209

(Registrant’s telephone number, including area code)

_____________________________________________________________

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of exchange on which registered
Common Stock	CCOB	OTC Pink
Preferred Stock	N/A	N/A

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ ☐ No ☐☒

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ ☐ No ☐☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer ☐ Non-accelerated ~~filer~~Filer ☒ Accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

APPLICABLE ONLY TO CORPORATE ISSUERS

As of ~~October~~May 2016, ~~2021~~2022, there were 104,361,576 shares of common stock outstanding.

TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements	4
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	1715
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	2017
Item 4.	Controls and Procedures	2017
PART II - OTHER INFORMATION
Item 1.	Legal Proceedings	2118
Item 1A.	Risk Factors	2118
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	2118
Item 3.	Defaults Upon Senior Securities	2219
Item 4.	Mine Safety Disclosures	2219
Item 5.	Other Information	2219
Item 6.	Exhibits	2320
SIGNATURES		2421

2 Table of Contents

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report includes forward-looking statements that relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words such as, but not limited to, “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “targets,” “likely,” “aim,” “will,” “would,” “could,” and similar expressions or phrases identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and future events and financial trends that we believe may affect our financial condition, results of operation, business strategy and financial needs. Forward-looking statements include, but are not limited to, statements about risks associated with:

•	Risks related to our business, including:
·	Risks related to our business, including:
	•	we have a history of losses;
	·	we have a history of losses;
	•	our auditors have raised substantial doubts about our ability to continue as a going concern;
	·	our auditors have raised substantial doubts about our ability to continue as a going concern;
	•	we have a working capital deficit and need to raise additional capital to continue our business model;
	·	we have a working capital deficit and need to raise additional capital to continue our business model;
	•	the adverse impact of COVID-19 on our company; and
	·	the adverse impact of COVID-19 on our company; and
	•	our reliance on our sole officer and director.
	·	our reliance on our sole officer and director.
•	Risks related to regulation applicable to our industry, including:
·	Risks related to regulation applicable to our industry, including:
	•	compliance with existing laws and regulations and possible future changes in laws and regulations; and
	·	compliance with existing laws and regulations and possible future changes in laws and regulations; and
	•	any failure to protect personal data;
	·	any failure to protect personal data;
•	Risks related to the ownership of our securities, including:
·	Risks related to the ownership of our securities, including:
	•	the applicability of penny stock rules; and
	·	the applicability of penny stock rules; and
	•	material weaknesses in our internal control over financial reporting; and
	·	material weaknesses in our internal control over financial reporting; and

You should read thoroughly this report and the documents that we refer to herein with the understanding that our actual future results may be materially different from and/or worse than what we expect. We qualify all of our forward-looking statements by these cautionary statements including those made in Part I. Item 1A. Risk Factors appearing in our Annual Report on Form 10-K for the fiscal year ended November 30, ~~2020~~2021 as filed with the Securities and Exchange Commission (the “SEC”) on ~~June~~March 16, ~~2021~~2022 and our other filings with the SEC. New risk factors emerge from time to time and it is not possible for our management to predict all risk factors, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events. These forward-looking statements speak only as of the date of this report, and you should not rely on these statements without also considering the risks and uncertainties associated with these statements and our business.

All references in this report to the “Company”, “Century Cobalt”, “we”, “us,” or “our” are to Century Cobalt Corp., a Nevada corporation and our wholly- owned subsidiary ~~Emperium~~Century 1Cobalt ~~Holdings Corp~~Limited., a ~~Nevada~~United ~~corporation~~Kingdom public company.

Table of Contents

~~PART~~CENTURY ICOBALT -CORP. ~~FINANCIAL INFORMATION~~

~~Item~~CONSOLIDATED 1.BALANCE ~~Financial Statements~~SHEETS

Our unaudited interim financial statements for the three and nine months period ended August 31, 2021 form part of this quarterly report. They are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

	February 28, 2022			November 30, 2021
	(Unaudited)
Assets
Current assets:
Cash	$	446		$	26,654
Total current assets		446			26,654

Other assets
Equity method investment		-			132,623
Total other assets		-			132,623

Total Assets	$	446		$	159,277

Liabilities and Stockholders' Equity (Deficit)

Current liabilities:
Accounts payable	$	205,268		$	178,567
Accounts payable - related parties		303,362			289,085
Accrued interest		207,911			192,484
Accrued interest - related parties		22,052			16,727
Due to related party		60,823			60,823
Notes payable - current portion		422,075			422,075
Notes payable to related parties		398,233			396,063
Convertible notes payable		135,532			134,280
Total current liabilities		1,755,256			1,690,104

Commitments and contingencies		-			-

Stockholders' equity (deficit):

Preferred stock, $0.001 par value; 20,000,000 shares authorized, -0- preferred stock shares issued and outstanding as of February 28, 2022 and November 30, 2021		-			-

Common stock, $0.001 par value, 3,500,000,000 shares authorized, 104,361,576 issued and outstanding as of February 28, 2022 and November 30, 2021		104,362			104,362
Additional paid-in capital		3,014,969			3,014,969
Common stock payable		97,960			97,960
Accumulated deficit		(4,972,101	)		(4,748,118	)
Total stockholders' equity (deficit)		(1,754,810	)		(1,530,827	)

Total Liabilities and Stockholders' equity (deficit)	$	446		$	159,277

~~CENTURY~~The ~~COBALT~~accompanying ~~CORP.~~notes ~~CONSOLIDATED~~are ~~BALANCE~~an ~~SHEETS~~integral part of these financial statements.

	August 31, 2021			November 30, 2020
	(Unaudited)
Assets
Current assets:
Cash	$	7,619		$	19,482
Prepaid expenses		7,696			99,909
Due from related parties		8,801			-
Total current assets		24,116			119,391
Other assets
Resource property		248,000			248,000
Other Assets		68,770			-
Total other assets		316,770			248,000
Total Assets	$	340,886		$	367,391
Liabilities and Stockholders' Equity (Deficit)
Current liabilities:
Accounts payable	$	231,212		$	159,341
Accounts payable - related parties		270,499			216,074
Accrued interest		94,829			97,303
Accrued interest - related parties		96,592			68,453
Due to related party		-			60,823
Notes payable - current portion		174,575			174,575
Notes payable to related parties - current portion		537,825			314,124
Convertible note, net of discount of $-0- and $8,114 at August 31, 2021 and November 30, 2020, respectively		138,915			259,942
Total current liabilities		1,544,447			1,350,635
Long term liabilities:
Convertible note, net of discount of $61,919 and $-0- at August 31, 2021 and November 30, 2020, respectively		6,851			134,542
Total long term liabilities		6,851			134,542
Total liabilities		1,551,298			1,485,177
Commitments and contingencies		-			-
Stockholders' equity (deficit):
Preferred stock, $0.001 par value; 20,000,000 shares authorized, -0- preferred stock shares issued and outstanding as of August 31, 2021 and November 30, 2020		-			-
Common stock, $0.001 par value, 3,500,000,000 shares authorized, 104,361,576 and 79,061,929 issued and outstanding as of August 31, 2021 and November 30, 2020, respectively		104,362			79,062
Additional paid-in capital		3,083,784			2,270,384
Common stock payable		96,245			368,578
Accumulated deficit		(4,494,803	)		(3,835,810	)
Total stockholders' equity (deficit)		(1,210,412	)		(1,117,786	)
Total Liabilities and Stockholders' equity (deficit)	$	340,886		$	367,391

Table of Contents

~~The~~CENTURY ~~accompanying~~COBALT ~~notes are an integral part of these financial statements~~CORP.

4CONSOLIDATED ~~Table~~STATEMENTS ofOF ~~Contents~~OPERATIONS

~~CENTURY COBALT CORP. CONSOLIDATED STATEMENTS OF OPERATIONS~~ (~~UNAUDITED~~Unaudited)

	For the Three Months Ended						~~For the Nine Months Ended~~
	August 31, 2021			August 31, 2020			August 31, 2021			August 31, 2020
	February 28, 2022			February 28, 2021
Operating expenses:
Accounting and legal	$	1617,~~026~~401		$	418,~~693~~912		$	~~48,653~~		$	~~14,678~~
Transfer agent and filing fees		51,~~267~~430			41,~~508~~698			~~9,942~~			~~14,365~~
Consulting		~~168~~45,~~085~~000			7580,~~600~~493			~~328,452~~			~~205,067~~
Exploration		~~46,733~~-			3330,~~228~~738			~~135,743~~			~~100,527~~
General and administrative		13,~~925~~235			10,~~849~~649			~~23,316~~			~~33,963~~
Total operating expenses		~~238~~67,~~036~~066			~~128~~142,~~878~~490			~~546,106~~			~~368,600~~
Net operating income (loss)		(~~238~~67,~~036~~066	)		(~~128~~142,~~878~~490	)		~~(546,106~~	)		~~(368,600~~	)
Other income (expense):
Interest expense		(3020,~~675~~051	)		(2634,~~924~~624	)		~~(85,347~~	)		~~(80,443~~	)
Gain (loss) on foreign currency transactions		22,136			(24,936	)		(27,540	)		(12,232	)
Loss on foreign currency transactions		(4,243	)		(27,004	)
Total Other income (expense)		(8,539	)		(51,860	)		(112,887	)		(92,675	)
Loss from equity method investment		(132,623	)		-
Net loss	$	(246,575	)	$	(180,738	)	$	(658,993	)	$	(461,275	)
Total Other income (expense)		(156,917	)		(61,628	)
Basic and diluted income (loss) per share	$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.01	)
Net loss	$	(223,983	)	$	(204,118	)
Weighted average number of common shares outstanding - basic and diluted		92,095,055			79,061,929			84,218,311			78,996,911
Basic and diluted income (loss) per share	$	(0.00	)	$	(0.00	)
Weighted average number of common
shares outstanding - basic and diluted		104,361,576			79,061,929

The accompanying notes are an integral part of these financial statements.

Table of Contents

CENTURY COBALT CORP. ~~CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)~~

	Common Stock				Preferred Stock				AdditionalPaid-In		Common Stock			Accumulated			TotalStockholders'
	Shares		Amount		Shares		Amount		Capital		Payable			Deficit			Deficiency
For the nine months ended August 31, 2020
Balance at November 30, 2019		78,941,929	$	78,942		-	$	-	$	2,261,538	$	247,358		$	(3,240,499	)	$	(652,661	)
Issuance of common stock for stock subscription		120,000		120						5,860		(5,980	)					-
Shares earned for stock options										2,986								2,986
Shares payable for services												124,750						124,750
Net loss															(461,275	)		(461,275	)
Balance at August 31,2020 (unaudited)		79,061,929	$	79,062		-	$	-	$	2,270,384	$	366,128			(3,701,774	)	$	(986,200	)
For the three months ended August 31, 2020
Balance at May 31, 2020 (unaudited)		79,061,929	$	79,062		-	$	-	$	2,270,384	$	347,528			(3,521,036	)	$	(824,062	)
Shares payable for services		-								-		18,600						18,600
Net loss															(180,738	)		(180,738	)
Balance at August 31,2020 (unaudited)		79,061,929	$	79,062		-	$	-	$	2,270,384	$	366,128			(3,701,774	)	$	(986,200	)
For the nine months ended August 31, 2021
Balance at November 30, 2020		79,061,929	$	79,062		-	$	-	$	2,270,384	$	368,578		$	(3,835,810	)	$	(1,117,786	)
Conversion of notes payable for common stock		11,079,939		11,080						321,318								332,398
Issuance of common stock to settle accounts payable		176,966		177						5,132								5,309
Issuance of common stock for stock subscription		3,086,855		3,087						102,329		(105,416	)					-
Shares issued for services		10,955,887		10,956						315,806		(176,337	)					150,425
Stock based compensation and settle accounts payable												9,420						9,420
Discount on shares issued for notes payable										68,815		-						68,815
Net loss															(658,993	)		(658,993	)
Balance at August 31, 2021 (unaudited)		104,361,576	$	104,362		-	$	-	$	3,083,784	$	96,245			(4,494,803	)	$	(1,210,412	)
For the three months ended August 31, 2021
Balance at May 31, 2021 (unaudited)		87,075,750	$	87,076		-	$	-	$	2,569,620	$	115,397			(4,248,228	)	$	(1,476,135	)
Conversion of notes payable for common stock		11,079,939		11,080						321,318								332,398
Shares issued for services		6,205,887		6,206						124,031		(20,237	)					110,000
Stock based compensation												1,085						1,085
Discount on shares issued for notes payable										68,815								68,815
Net loss															(246,575	)		(246,575	)
Balance at August 31, 2021 (unaudited)		104,361,576	$	104,362		-	$	-	$	3,083,784	$	96,245			(4,494,803	)	$	(1,210,412	)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

The accompanying notes are an integral part of these financial statements.

	Common Stock				Preferred Stock				Additional		Common					Total
									Paid-In		Stock		Accumulated			Stockholders'
	Shares		Amount		Shares		Amount		Capital		Payable		Deficit			Deficiency



Balance at November 30, 2020		79,061,929	$	79,062		-	$	-	$	2,270,384	$	368,578	$	(3,809,758	)	$	(1,117,786	)
Stock based compensation and accrued expenses												5,115					5,115
Net loss														(204,118	)		(204,118	)

Balance at February 28, 2021 (unaudited)		79,061,929	$	79,062		-	$	-	$	2,270,384	$	373,693	$	(4,013,876	)	$	(1,316,789	)



Balance at November 30, 2021		104,361,576	$	104,362		-	$	-	$	3,014,969	$	97,960	$	(4,748,118	)	$	(1,530,827	)

Net loss														(223,983	)		(223,983	)

Balance at February 28, 2022 (unaudited)		104,361,576	$	104,362		-	$	-	$	3,014,969	$	97,960	$	(4,972,101	)	$	(1,754,810	)

6The ~~Table~~accompanying notes are an integral part of ~~Contents~~these financial statements.

~~CENTURY~~6 ~~COBALT~~Table ~~CORP.~~of ~~CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)~~Contents

	For the Nine Months Ended
	August 31, 2021			August 31, 2020
Cash flows from operating activities:
Net income (loss)	$	(658,993	)	$	(461,275	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based compensation		157,595			22,321
Debt discount interest		15,009			23,982
Changes in operating assets and liabilities:
Prepaid expenses		92,213			(21,101	)
Due from related parties		(8,801	)		-
Accounts payable		78,528			157,676
Accounts payable expenses - related parties		54,425			85,661
Accrued expenses		42,340			34,208
Accrued expenses - related parties		28,000			22,254
Due to related parties		(60,823	)		-
Net cash used in operating activities		(260,507	)		(136,274	)
Cash flows from investing activities:
Option to acquire land and a cannabis license in Zimbabwe		(68,815	)		-
Net cash used in investing activities		(68,815	)		-
Cash flows from financing activities
Proceeds from stock subscriptions		-			105,415
Proceeds from convertible notes payable		-			2,050
Proceeds from notes payable to related parties		221,104			12,580
Proceeds from convertible notes payable		68,815			-
Net cash provided by financing activities		289,919			120,045
Net increase (decrease) in cash		(39,403	)		(16,229	)
Effect of foreign exchange adjustment		27,540			12,232
Cash - beginning of the year		19,482			4,076
Cash - end of the year	$	7,619		$	79
Supplemental disclosures:
Interest paid	$	-		$	-
Income taxes	$	-		$	-
Supplemental disclosure for non-cash financing activities:
Discount on Notes Payable	$	68,815		$	-
Issuance of common stock to settle accounts payable	$	5,309		$	-
Issuance of common stock for stock subscription	$	105,416		$	5,980
Conversion of notes payable and accrued interest to common stock	$	332,398		$	-

CENTURY COBALT CORP.

~~The~~CONSOLIDATED ~~accompanying~~STATEMENTS ~~notes~~OF ~~are~~CASH ~~an integral part of these financial statements.~~ FLOWS

~~7 Table of Contents~~(Unaudited)

CENTURY COBALT CORP.

	For the Three Months Ended
	February 28, 2022			February 28, 2021

Cash flows from operating activities:
Net income (loss)	$	(223,983	)	$	(204,118	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based compensation		-			2,865
Debt discount interest		-			5,409
Loss from equity method investment		132,623			-
Loss on foreign currency transactions		4,243			27,005
Changes in operating assets and liabilities:
Prepaid expenses		-			30,738
Accounts payable		26,581			48
Accounts payable expenses - related parties		14,277			48,465
Accrued expenses		14,796			21,036
Accrued expenses - related parties		5,255			8,179
Net cash used in operating activities		(26,208	)		(60,373	)

Cash flows from financing activities
Proceeds from notes payable to related parties		-			46,921
Net cash provided by financing activities		-			46,921
Net increase (decrease) in cash		(26,208	)		(13,452	)
Cash - beginning of the year		26,654			19,482
Cash - end of the year	$	446		$	6,030

Supplemental disclosures:
Interest paid	$	-		$	-
Income taxes	$	-		$	-

~~NOTES~~The TOaccompanying ~~CONSOLIDATED~~notes ~~FINANCIAL~~are ~~STATEMENTS~~an ~~(UNAUDITED)~~integral ~~AUGUST~~part ~~31,~~of ~~2021~~these financial statements.

~~NOTE~~7 1Table –of ~~NATURE OF OPERATIONS~~Contents

~~Century~~CENTURY ~~Cobalt~~COBALT ~~Corp~~CORP. (formerly First American Silver Corp.) was incorporated in the state of Nevada on April 29, 2008. The Company’s principal office is located at 10100 Santa Monica Boulevard, Suite 300, Century City, California 90067. The Company’s principal business activity is the identification and exploration of mineral properties for the purposes of discovering economical cobalt assets.

~~NOTE~~NOTES 2TO –CONSOLIDATED ~~SIGNIFICANT~~FINANCIAL ~~ACCOUNTING POLICIES~~STATEMENTS

~~Basis~~FEBRUARY of28, ~~Presentation~~2022

The Company’s unaudited consolidated financial statements have been prepared on an accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (~~US GAAP~~Unaudited) for interim financial information applicable for a going concern, which assumes that the Company will realize its assets and discharge its liabilities in the ordinary course of the business, and in accordance with the instructions for Form 10-Q and Article 8 of Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended. Certain information and disclosures included in the financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to such rules and regulations.

InNOTE ~~the~~1 ~~opinion~~- ofNATURE ~~management,~~OF the consolidated financial statements contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.OPERATIONS

~~The~~Century ~~results~~Cobalt ~~for~~Corp. ~~the~~(formerly ~~nine~~First ~~months~~American ~~ended~~Silver ~~August~~Corp.) ~~31,~~was ~~2021~~incorporated ~~are~~in ~~not necessarily indicative of~~ the ~~results~~state of ~~operations~~Nevada ~~for~~on ~~the~~April ~~full~~29, ~~year~~2008. ~~These~~The ~~unaudited~~Company’s ~~financial~~principal ~~statements~~office ~~and~~is ~~related~~located ~~footnotes~~at ~~should~~10100 beSanta ~~read~~Monica inBoulevard, ~~conjunction~~Suite ~~with~~300, ~~the~~Century ~~consolidated~~City, ~~financial~~California ~~statements~~90067. ~~and~~The ~~footnotes thereto included in the~~ Company’s ~~Annual~~principal ~~Report~~business onactivity ~~Form~~is ~~10-K for~~ the ~~year~~identification ~~ended~~and ~~November~~exploration ~~30,~~of ~~2020~~mineral ~~filed~~properties ~~with~~for the ~~Securities~~purposes ~~and~~of ~~Exchange~~discovering ~~Commission~~economical oncobalt ~~June 16, 2021~~assets.

~~These~~NOTE ~~consolidated~~2 ~~financial~~- ~~statements~~SIGNIFICANT ~~comprise~~ACCOUNTING the accounts of the Company and its wholly owned subsidiary Emperium 1 Holdings Corp. Emperium 1 Holdings Corp. was incorporated as a wholly owned subsidiary on October 8, 2018 by the Company through the issuance of 100 common shares at $0.01 per share for proceeds of $1. As Emperium 1 Holdings Corp. is a holding company and, as such, has no accounts or activity. The Company owns 100% of the issued and outstanding shares of Emperium 1 Holdings Corp. All intercompany balances between the Company and Emperium 1 are eliminated in consolidation.POLICIES

~~Accounting~~ Basis of Presentation

The ~~Company~~financial ~~uses~~statements of the ~~accrual~~Company ~~basis~~have ofbeen ~~accounting~~prepared ~~and~~in ~~accounting~~accordance ~~principles~~with generally accepted accounting principles in the United States of America ~~(“US~~and ~~GAAP”~~are ~~accounting).~~presented ~~The~~in ~~Company~~US ~~has adopted a November 30 fiscal year end~~dollars.

~~Risks~~These consolidated financial statements comprise the accounts of the Company and ~~Uncertainties~~its wholly owned subsidiary Century Cobalt Limited (“CCL”), a United Kingdom public company. CCL was formed to hold the equity investment with Technology Metals, PLC, a related party. All intercompany balance between the Company and CCL are eliminated in consolidation. Also included within the accompanying financial statements are the Company’s unconsolidated equity investment with Technology Metals, PLC, a related party, which is accounted for under the equity method of accounting. See Note 4 - Emperium Sale and Equity Method Investment for a further discussion.

~~The~~Accounting Company’s operations are subject to significant risk and uncertainties including financial, operational, technological, and regulatory risks including the potential risk of business failure. See Note 3 regarding going concern matters.Basis

~~Cash~~The Company uses the accrual basis of accounting and ~~Cash~~accounting ~~Equivalents~~principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a November 30 fiscal year end.

~~The~~ Risks ~~Company considers all highly liquid investments with maturities of three months or less to be cash equivalents. At August 31, 2021~~ and ~~November 30, 2020, respectively, the Company had $7,619 and $19,482 of unrestricted cash to be used for future business operations.~~Uncertainties

The Company’s ~~bank~~operations ~~accounts~~ are ~~deposited~~subject into ~~insured~~significant ~~institutions.~~risk ~~The~~and ~~funds~~uncertainties ~~are~~including ~~insured~~financial, ~~up to $250~~operational,~~000.~~ ~~At times~~technological, ~~the~~and ~~Company’s~~regulatory ~~bank~~risks ~~deposits~~including ~~may exceed~~ the ~~insured~~potential ~~amount.~~risk ~~Management~~of ~~believes~~business itfailure. ~~has~~See ~~little~~Note ~~risk~~3 ~~related~~regarding togoing ~~the~~concern ~~excess deposits~~matters.

~~Prepaid~~Cash ~~Expenses~~and Cash Equivalents

The Company considers all ~~items~~highly ~~incurred~~liquid ~~for~~investments ~~future~~with ~~services~~maturities of three months or less to be ~~prepaid~~cash ~~expenses~~equivalents. At February 28, 2022 and November 30, 2021, respectively, the Company had $446 and $26,654 of unrestricted cash to be used for future business operations.

~~Fair~~The ~~Value~~Company’s ofbank ~~Financial~~accounts ~~Instruments~~are deposited in insured institutions. The funds are insured up to $250,000. At times, the Company’s bank deposits may exceed the insured amount. Management believes it has little risk related to the excess deposits.

~~Fair~~Prepaid value of certain of the Company’s financial instruments including cash, prepaid expenses, accounts payable, accrued expenses, notes payable, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC 820, “Fair Value Measurements and Disclosure” defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value investments.Expenses

~~Fair~~The ~~value,~~Company asconsiders ~~defined~~all initems ~~ASC~~incurred ~~820,~~for isfuture ~~the~~services ~~price~~to ~~that would~~ be ~~received~~prepaid ~~to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date~~expenses. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of nonperformance, which includes, among other things, the Company’s credit risk.

8Equity ~~Table~~Method offor ~~Contents~~Investments

~~Valuation~~The ~~techniques~~equity ~~are~~method ~~generally~~is ~~classified~~an ~~into~~accounting ~~three~~technique ~~categories:~~used by the ~~market~~Company ~~approach;~~to record the ~~income~~profits ~~approach;~~earned ~~and~~or ~~the~~losses ~~cost~~through ~~approach~~its investment in another company. ~~The~~With ~~selection~~the ~~and~~equity ~~application~~method of ~~one~~accounting, the Company reports the income or ~~more~~loss ofby the ~~techniques~~other ~~may~~company ~~require~~on ~~significant~~its ~~judgment~~income ~~and~~statement, ~~are~~in ~~primarily~~an ~~dependent~~amount ~~upon~~proportional to the ~~characteristics~~percentage of its equity investment in the ~~asset~~other orcompany. ~~liability,~~The ~~and~~equity method is used to value a company’s investment in another company when it holds significant influence over the ~~quality~~company ~~and~~it ~~availability~~is ofinvesting ~~inputs~~in. ~~Valuation~~The ~~techniques~~threshold ~~used~~for to“significant ~~measure~~influence” ~~fair~~is ~~value~~commonly ~~under~~a ~~ASC~~20-50% ~~820~~ownership. ~~must~~Under ~~maximize~~the equity method, the ~~use~~investment ofis ~~observable~~initially ~~inputs~~recorded at historical cost, and ~~minimize~~adjustments are made to the ~~use~~value ofbased ~~unobservable~~on ~~inputs~~the investor’s percentage ownership in net income, loss, and dividend payouts. ~~ASC~~Net ~~820~~income ~~also~~of ~~provides~~the ~~fair~~investee company increases the Company’s value ~~hierarchy~~on ~~for~~the ~~inputs~~balance ~~and~~sheet, ~~resulting~~while ~~measurement~~the asinvestee’s ~~follows:~~loss or dividend payout decreases it.

~~Level~~Fair 1:Value ~~Quoted~~of ~~prices~~Financial ~~(unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities.~~Instruments

~~Level~~Fair 2:value ~~Quoted~~of ~~prices~~certain ~~for~~of ~~similar~~the ~~assets~~Company’s orfinancial ~~liabilities~~instruments inincluding ~~active~~cash, ~~markets;~~prepaid ~~quoted~~expenses, ~~prices~~accounts ~~for~~payable, ~~identical~~accrued orexpenses, ~~similar~~notes ~~assets~~payable, orand ~~liabilities~~other inaccrued ~~markets~~liabilities ~~that~~approximate ~~are~~cost ~~not~~because ~~active;~~of ~~inputs~~their ~~other~~short ~~than~~maturities. ~~quoted~~The ~~prices~~Company ~~that~~measures ~~are~~and ~~observable~~reports ~~for~~fair ~~the~~value ~~asset~~in oraccordance ~~liability;~~with ~~and~~ASC ~~inputs~~820, ~~that~~“Fair ~~are~~Value ~~derived~~Measurements ~~principally~~and ~~from~~Disclosure” ordefines ~~corroborated~~fair byvalue, ~~observable~~establishes ~~market~~a ~~data~~framework for ~~substantially~~measuring ~~the~~fair ~~full~~value ~~term~~in ofaccordance ~~the~~with ~~assets~~generally oraccepted ~~liabilities;~~accounting principles and expands disclosures about fair value investments.

~~Level~~Fair 3:value, ~~Unobservable~~as ~~inputs~~defined ~~for~~in ASC 820, is the price that would be received to sell an asset or paid to transfer a liability ~~that~~in ~~are~~an ~~supported~~orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by ~~little~~market participants, principal (or nomost ~~market~~advantageous) ~~activity~~markets, and ~~that~~an ~~are~~in-use ~~significant~~or toan ~~the~~in-exchange valuation premise. The fair ~~values~~value of a liability should reflect the risk of nonperformance, which includes, among other things, the Company’s credit risk.

~~Fair~~8 ~~value~~Table measurements are required to be disclosed by the Level within the fair value hierarchy in which the fair value measurements in their entirety fall. Fair value measurements using significant unobservable inputs (in Level 3 measurements) are subject to expanded disclosure requirements including a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings, and a description of where those gains or losses included in earning are reported in the statement of income. All assets and liabilities of the Company approximate fair value.Contents

Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of ~~Long-Lived~~one or more of the techniques may require significant judgment and ~~Intangible~~are ~~Assets~~primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC 820 also provides fair value hierarchy for inputs and resulting measurement as follows:

WeLevel ~~assess~~1: ~~the~~Quoted ~~impairment~~prices of(unadjusted) ~~long-lived assets periodically, or at least annually, and whenever events or changes~~ in ~~circumstances~~active ~~indicate~~markets that ~~the~~are ~~carrying~~accessible ~~value~~at ~~may not be recoverable. Factors considered important, which could trigger an impairment review, include~~ the ~~following:~~measurement ~~significant~~date ~~underperformance~~for ~~relative~~identical ~~to historical or projected future cash flows; significant changes in the manner of use of the~~ assets or ~~the strategy of the overall business; and significant negative industry trends~~liabilities. When management determines that the carrying value of long-lived and intangible assets may not be recoverable, impairment is measured as the excess of the assets’ carrying value over the estimated fair value. Management is not aware of any impairment changes that may currently be required; however, we cannot predict the occurrence of events that might adversely affect the reported values in the future.

~~Concentrations~~Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of ~~Credit~~the ~~Risk~~assets or liabilities; and

~~The~~Level ~~Company~~3: ~~maintains~~Unobservable ~~its~~inputs ~~cash~~for ~~in bank deposit accounts,~~ the ~~balances~~asset ofor ~~which~~liability atthat ~~times~~are ~~may~~supported ~~exceed~~by ~~federally~~little ~~insured~~or ~~limits.~~no ~~The~~market ~~Company~~activity, ~~continually monitors its banking relationships~~ and ~~consequently~~that ~~has~~are ~~not~~significant ~~experienced any losses in such accounts. The Company believes it is not exposed~~ to ~~any~~the ~~significant~~fair ~~credit risk on cash and cash equivalents~~values.

~~Stock-Based~~Fair ~~Compensation~~value measurements are required to be disclosed by the Level within the fair value hierarchy in which the fair value measurements in their entirety fall. Fair value measurements using significant unobservable inputs (in Level 3 measurements) are subject to expanded disclosure requirements including a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings, and a description of where those gains or losses included in earning are reported in the statement of income. All assets and liabilities of the Company approximate fair value.

~~The~~Valuation ~~Company accounts for share-based compensation in accordance with the fair value recognition provisions~~ of ~~the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) No. 718. The scope of Topic 718, Compensation—Stock Compensation, includes share~~Long-~~based~~Lived ~~payments issued to employees~~ and ~~nonemployees~~Intangible for goods and services. The Company issues restricted stock to employees and consultants for their services. Cost for these transactions are measured at the fair value of the equity instruments issued at the date of grant. These shares are considered fully vested and the fair market value is recognized as expense in the period granted. The Company recognized consulting expenses and a corresponding increase to additional paid-in-capital related to stock issued for services. For agreements requiring future services, the consulting expense is to be recognized ratably over the requisite service period.Assets

~~Total~~We ~~stock~~assess the impairment of long-~~based~~lived ~~compensation~~assets ~~amounted~~periodically, toor ~~$111~~at least annually,~~085~~ and ~~$18,600~~whenever ~~for~~events or changes in circumstances indicate that the ~~three~~carrying ~~months~~value ~~ended~~may ~~August~~not ~~31,~~be ~~2021~~recoverable. ~~and~~Factors ~~2020~~considered important, ~~respectively~~which could trigger an impairment review, include the following: significant underperformance relative to historical or projected future cash flows; significant changes in the manner of use of the assets or the strategy of the overall business; and ~~$157,595~~significant negative industry trends. When management determines that the carrying value of long-lived and ~~$22~~intangible assets may not be recoverable,~~321~~ ~~for~~impairment is measured as the ~~nine~~excess ~~months~~of ~~ended~~the ~~August~~assets’ ~~31,~~carrying ~~2021~~value ~~and~~over ~~2020~~the estimated fair value. Management is not aware of any impairment changes that may currently be required; however, ~~respectively~~we cannot predict the occurrence of events that might adversely affect the reported values in the future.

~~Income~~Concentrations ~~Taxes~~of Credit Risk

~~Income~~The ~~taxes~~Company ~~are~~maintains ~~computed~~its ~~using~~cash ~~the~~in ~~asset~~bank ~~and~~deposit ~~liability method. Under the asset and liability method~~accounts, ~~deferred income tax assets and liabilities are determined based on~~ the ~~differences~~balances ~~between the financial reporting and tax bases~~ of ~~assets~~which ~~and~~at ~~liabilities~~times ~~and~~may ~~are~~exceed ~~measured~~federally ~~using~~insured ~~the currently enacted tax rates and laws~~limits. AThe ~~valuation~~Company ~~allowance~~continually ismonitors ~~provided~~its ~~for~~banking ~~the~~relationships ~~amount~~and ofconsequently ~~deferred~~has ~~tax~~not ~~assets~~experienced ~~that,~~any ~~based~~losses onin ~~available~~such ~~evidence,~~accounts. ~~are~~The ~~not~~Company ~~expected~~believes toit ~~be realized. It~~ is ~~the~~not ~~Company’s~~exposed ~~policy~~ to ~~classify~~any ~~interest~~significant ~~and~~credit ~~penalties~~risk on ~~income~~cash ~~taxes~~and ascash ~~interest expense or penalties expense~~equivalents. ~~As of August 31, 2021, there have been no interest or penalties incurred on income taxes.~~

~~Use~~Stock-Based ~~of Estimates~~Compensation

The ~~preparation~~Company ofaccounts ~~financial~~for ~~statements~~share-based compensation in ~~conformity~~accordance with ~~generally~~the ~~accepted~~fair ~~accounting~~value ~~principles~~recognition ~~requires~~provisions ~~management~~of tothe ~~make~~Financial ~~estimates~~Accounting ~~and~~Standards ~~assumptions~~Board ~~that~~(“FASB”) ~~affect~~Accounting ~~the~~Standards ~~reported~~Codification ~~amounts~~(“ASC”) No. 718. The scope of ~~assets~~Topic 718, Compensation-Stock Compensation, includes share-based payments issued to employees and ~~liabilities~~nonemployees for goods and ~~disclosure~~services. ofThe ~~contingent~~Company ~~assets~~issues restricted stock to employees and ~~liabilities~~consultants for their services. Cost for these transactions are measured at the ~~date~~fair value of the ~~financial~~equity ~~statements~~instruments ~~and~~issued at the ~~reported~~date ~~amount~~ of ~~revenues~~grant. ~~and~~These ~~expenses~~shares ~~during~~are considered fully vested and the ~~reporting~~fair market value is recognized as expense in the period granted. ~~Actual~~The ~~results~~Company ~~could~~recognized ~~differ~~consulting ~~from~~expenses ~~those~~and ~~estimates~~a corresponding increase to additional paid-in-capital related to stock issued for services. For agreements requiring future services, the consulting expense is to be recognized ratably over the requisite service period.

~~Revenue~~Total ~~Recognition~~stock-based compensation amounted to $-0- and $2,865 for the three months ended February 28, 2022 and 2021, respectively.

~~Revenue~~Income is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.Taxes

9The ~~Table~~Company’s policy is to provide for deferred income taxes based on the difference between the financial statement and tax bases of ~~Contents~~assets and liabilities using enacted tax rates that will be in effect when the differences are expected to reverse. The U.S. Tax Cuts and Jobs Act (TCJA) legislation reduces the U.S. federal corporate income tax rate from 35.0% to 21.0% and is effective June 22, 2018 for the Company. We did not provide any current or deferred U.S. federal income tax provision or benefit for any of the periods presented because we have experienced operating losses since inception. When it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carryforwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carryforward period.

~~Once~~The aCompany ~~contract~~ is ~~determined~~not toaware beof ~~within~~any ~~the~~uncertain ~~scope~~tax ofposition ~~ASC~~that, ~~606~~if atchallenged, ~~contract~~would ~~inception,~~have ~~the~~a ~~Company~~material ~~reviews~~effect on the ~~contract~~financial tostatements ~~determine~~for ~~which~~the ~~performance~~three ~~obligations~~months ~~the~~ended ~~Company~~February ~~must~~28, ~~deliver~~2022, ~~and~~or ~~which~~during ofthe ~~these~~prior ~~performance~~three ~~obligations~~years ~~are~~applicable ~~distinct~~under FASB ASC 740. We ~~The~~did ~~Company~~not ~~recognizes~~recognize asany ~~revenues~~adjustment to the ~~amount~~liability offor ~~the~~uncertain ~~transaction~~tax ~~price~~position ~~that~~and istherefore ~~allocated~~did not record any adjustment to the ~~respective~~beginning ~~performance~~balance ~~obligation~~of ~~when~~accumulated ~~the~~deficit ~~performance~~on ~~obligation~~the isconsolidated ~~satisfied~~balance orsheet. asThe itCompany is ~~satisfied.~~in ~~Generally,~~ the ~~Company’s~~process ~~performance~~of ~~obligations~~filing ~~are~~all ~~transferred~~unfiled totax ~~customers~~returns. atAll atax ~~point~~returns infor ~~time,~~the ~~typically~~Company ~~upon~~remain ~~delivery~~open for examination.

~~Basic~~Use ~~Income~~of ~~(Loss) Per Share~~Estimates

~~Basic~~The ~~income~~preparation ~~(loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number~~ of ~~common~~financial ~~shares~~statements ~~during~~in ~~the~~conformity ~~period.~~with ~~Diluted~~generally ~~earnings~~accepted ~~per~~accounting ~~share~~principles isrequires ~~calculated~~management ~~by dividing the Company’s net income available~~ to ~~common~~make ~~shareholders~~estimates byand ~~the~~assumptions ~~diluted~~that ~~weighted~~affect ~~average number of shares outstanding during~~ the ~~year.~~reported ~~The~~amounts ~~diluted weighted average number~~ of ~~shares~~assets ~~outstanding~~and isliabilities ~~the~~and ~~basic~~disclosure ~~weighted number~~ of ~~shares~~contingent ~~adjusted~~assets ~~for any potentially dilutive debt or equity. The convertible debt to common shares~~ and ~~unissued~~liabilities ~~stock~~at ~~earned~~the ~~could~~date ~~potentially amount to approximately 5,537,000 additional shares issued by~~ the ~~Company.~~financial ~~The~~statements ~~Company’s convertible notes~~ and ~~unissued shares are excluded from~~ the ~~computation~~reported amount of ~~diluted~~revenues ~~earnings~~and ~~per~~expenses ~~share~~during ~~as they are anti-dilutive due to~~ the ~~Company’s~~reporting ~~losses~~period. ~~for~~Actual ~~the~~results ~~three~~could ~~and~~differ ~~nine~~from ~~months~~those ~~ended August 31, 2021 and 2020~~estimates.

~~Foreign~~Revenue ~~Currency Translation~~Recognition

~~The~~Revenue ~~functional~~is ~~and~~recognized ~~presentation~~when ~~currency~~a ofcustomer ~~the~~obtains ~~Company~~control isof ~~the~~promised ~~U.S.~~goods ~~dollar.~~or ~~Transactions~~services ~~denominated~~and is recognized in aan ~~currency~~amount ~~other~~that ~~than~~reflects the ~~functional~~consideration ~~currency~~that ~~are~~an ~~recorded~~entity onexpects ~~the~~to ~~initial~~receive ~~recognition~~in atexchange ~~the~~for ~~exchange~~those ~~rate~~goods ator services. In addition, the ~~date~~standard requires disclosure of the ~~transaction.~~nature, ~~Assets~~amount, timing, and ~~liabilities~~uncertainty ~~that~~of ~~are~~revenue ~~not~~and ~~denominated~~cash inflows ~~the~~arising ~~functional~~from ~~currency~~contracts ~~are~~with ~~remeasured~~customers. ~~into~~The ~~the~~amount ~~functional~~of ~~currency~~revenue ~~with~~that ~~any~~is ~~related~~recorded ~~gain~~reflects orthe ~~loss~~consideration ~~recorded~~that the Company expects to receive in ~~earnings~~exchange for those goods. The Company ~~translates~~applies ~~assets~~the ~~and~~following ~~liabilities~~five-step ofmodel ~~its~~in ~~non-U.S.~~order ~~dollar~~to ~~functional~~determine ~~currency~~this ~~foreign~~amount: ~~transactions~~(i) ~~into~~identification of the ~~U.S.~~promised ~~dollar~~goods ~~reporting~~in ~~currency~~the atcontract; ~~exchange~~(ii) ~~rates~~determination inof ~~effect~~whether at the ~~balance~~promised ~~sheet~~goods ~~date.~~are ~~The~~performance ~~Company~~obligations, ~~translates~~including ~~income~~whether ~~and~~they ~~expense~~are ~~items~~distinct in the context of ~~such~~the ~~foreign~~contract; ~~transactions~~(iii) ~~into~~measurement of the ~~U.S.~~transaction ~~dollar~~price, ~~reporting~~including ~~currency~~the atconstraint on variable consideration; (iv) allocation of the ~~exchange~~transaction ~~rate~~price onto the ~~date~~performance obligations; and (v) recognition of revenue when (or as) the ~~transaction~~Company satisfies each performance obligation.

~~Recent~~9 ~~Accounting~~Table ~~Pronouncements~~of Contents

InOnce ~~December~~a ~~2019,~~contract ~~the~~is ~~FASB~~determined ~~issued~~to ~~ASU~~be ~~2019-12,~~within ~~Simplifying~~ the ~~Accounting~~scope ~~for Income Taxes, as part~~ of ~~its~~ASC ~~Simplification~~606 ~~Initiative~~at tocontract ~~reduce~~inception, the ~~cost~~Company ~~and~~reviews ~~complexity~~the incontract ~~accounting for income taxes. ASU 2019-12 removes certain exceptions related~~ to ~~the~~determine ~~approach~~which ~~for~~performance ~~intra-period~~obligations ~~tax allocation,~~ the ~~methodology~~Company ~~for~~must ~~calculating~~deliver ~~income taxes in an interim period~~ and ~~the~~which ~~recognition~~ of ~~deferred~~these ~~tax~~performance ~~liabilities~~obligations ~~for~~are ~~outside basis differences~~distinct. ~~ASU~~The ~~2019-12~~Company ~~also~~recognizes ~~amends~~as ~~other~~revenues ~~aspects~~the amount of the ~~guidance~~transaction toprice ~~help~~that ~~simplify~~is ~~and~~allocated ~~promote~~to ~~consistent~~the ~~application~~respective ofperformance USobligation ~~GAAP.~~when ~~The~~the ~~guidance~~performance obligation is ~~effective~~satisfied ~~for~~or ~~interim~~as ~~and~~it ~~annual~~is ~~periods~~satisfied. ~~beginning after December 15~~Generally, ~~2020,~~the ~~with early adoption permitted. The~~ Company’s ~~has~~performance ~~adopted~~obligations ~~ASU~~are ~~2019-12~~transferred ~~and~~to ~~there~~customers ~~was~~at noa ~~material~~point ~~impact~~in ontime, ~~the~~typically onupon ~~the consolidated financial statements and related disclosures~~delivery.

InBasic ~~August~~Income ~~2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options~~ (~~Subtopic 470-20~~Loss) ~~and~~Per Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. ASU 2020-06 reduces the number of accounting models for convertible debt instruments and convertible preferred stock. For convertible instruments with conversion features that are not required to be accounted for as derivatives under Topic 815, Derivatives and Hedging, or that do not result in substantial premiums accounted for as paid-in capital, the embedded conversion features no longer are separated from the host contract. ASU 2020-06 also removes certain conditions that should be considered in the derivatives scope exception evaluation under Subtopic 815-40, Derivatives and Hedging—Contracts in Entity’s Own Equity, and clarify the scope and certain requirements under Subtopic 815-40. In addition, ASU 2020-06 improves the guidance related to the disclosures and earnings-per-share (EPS) for convertible instruments and contract in entity’s own equity. ASU 2020-06 is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Board specified that an entity should adopt the guidance as of the beginning of its annual fiscal year. The Company is currently evaluation the impact this ASU will have on its consolidated financial statements.Share

~~Management~~Basic ~~believes~~income ~~recently~~(loss) ~~issued~~per ~~accounting~~share ~~pronouncements~~is ~~will~~calculated ~~have~~by nodividing ~~impact~~the onCompany’s net loss applicable to common shareholders by the ~~financial~~weighted ~~statements~~average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The convertible debt to common shares and unissued stock earned could potentially amount to approximately 2,938,000 additional shares issued by the Company. The Company’s convertible notes, and unissued shares are excluded from the computation of diluted earnings per share as they are anti-dilutive due to the Company’s losses for the three months ended February 28, 2022 and 2021.

~~Mineral~~Foreign ~~Properties~~Currency Translation

~~Costs~~The functional and presentation currency of ~~exploration~~the ~~are~~Company ~~expensed~~is asthe ~~incurred~~U.S. ~~Mineral~~dollar. ~~property~~Transactions ~~acquisition~~denominated ~~costs~~in a currency other than the functional currency are ~~capitalized~~recorded ~~including~~on ~~licenses~~the ~~and~~initial ~~lease~~recognition ~~payments.~~at ~~Although~~the exchange rate at the ~~Company~~date ~~has~~of ~~taken~~the ~~steps~~transaction. toAssets ~~verify~~and ~~title~~liabilities tothat ~~mineral~~are ~~properties~~not denominated in ~~which~~the itfunctional ~~has~~currency anare ~~interest,~~remeasured ~~these~~into ~~procedures~~the dofunctional ~~not~~currency ~~guarantee~~with ~~the~~any related gain or loss recorded in earnings. The Company’s ~~title~~translates assets and liabilities of its non-U.S. ~~Such~~dollar ~~properties~~functional ~~may~~currency beforeign ~~subject~~transactions tointo ~~prior~~the ~~agreements~~U.S. ordollar ~~transfers~~reporting currency at exchange rates in effect at the balance sheet date. The Company translates income and ~~title~~expense ~~may~~items beof ~~affected~~such byforeign ~~undetected~~transactions ~~defects~~into the U.S. dollar reporting currency at the exchange rate on the date of the transaction.

~~Mineral~~Recent ~~properties~~Accounting are analyzed for impairment on an annual basis, or more often if warranted by circumstances. Impairment losses are recorded on mineral properties used in operations when indicators of impairment are present.Pronouncements

~~Capitalization~~In August 2020, the FASB issued ASU 2020-06, Debt-Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40)-Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. ASU 2020-06 reduces the number of accounting models for convertible debt instruments and convertible preferred stock. For convertible instruments with conversion features that are not required to be accounted for as derivatives under Topic 815, Derivatives and Hedging, or that do not result in substantial premiums accounted for as paid-in capital, the embedded conversion features no longer are separated from the host contract. ASU 2020-06 also removes certain conditions that should be considered in the derivatives scope exception evaluation under Subtopic 815-40, Derivatives and Hedging-Contracts in Entity’s Own Equity, and clarify the scope and certain requirements under Subtopic 815-40. In addition, ASU 2020-06 improves the guidance related to the disclosures and earnings-per-share (EPS) for convertible instruments and contract in entity’s own equity. ASU 2020-06 is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Board specified that an entity should adopt the guidance as of the beginning of its annual fiscal year. The Company is currently evaluation the impact this ASU will have on its consolidated financial statements.

~~Only~~Management ~~assets~~believes ~~with~~recently aissued ~~cost~~accounting ~~over~~pronouncements ~~$5,000~~will ~~and~~have ano ~~useful~~impact ~~life~~on ofthe ~~over~~financial 1statements ~~year~~of ~~are capitalized. All other costs are expensed in~~ the ~~period incurred~~Company.

~~Reclassifications~~Mineral Properties

~~Certain~~Costs ~~prior~~of ~~year~~exploration ~~amounts~~are ~~have~~expensed ~~been~~as ~~reclassified~~incurred. ~~for~~Mineral ~~comparative~~property ~~purposes~~acquisition costs are capitalized including licenses and lease payments. Although the Company has taken steps to ~~conform~~verify title to ~~the~~mineral ~~current-year~~properties ~~financial~~in ~~statement~~which ~~presentation~~it has an interest, these procedures do not guarantee the Company’s title. ~~These~~Such ~~reclassifications~~properties ~~had~~may nobe ~~effect~~subject onto ~~previously~~prior ~~reported~~agreements ~~results~~or oftransfers ~~operations~~and title may be affected by undetected defects.

10Mineral ~~Table~~properties are analyzed for impairment on an annual basis, or more often if warranted by circumstances. Impairment losses are recorded on mineral properties used in operations when indicators of ~~Contents~~impairment are present.

~~NOTE 3 – GOING CONCERN~~Capitalization

~~The~~Only ~~accompanying~~assets ~~financial~~with ~~statements have been prepared assuming that Century Cobalt Corp., Inc. will continue as~~ a ~~going~~cost ~~concern.~~over ~~The Company has a working capital deficit~~$5,000 ~~has not yet received revenue from sales of products or services,~~ and ~~has incurred losses from operations. These factors raise substantial doubt about the Company’s ability to continue as~~ a ~~going~~useful ~~concern.~~life ~~Without realization~~ of ~~additional~~over ~~debt~~1 oryear ~~capital,~~are ~~it would be unlikely for the Company to continue as a going concern~~capitalized. ~~The~~All ~~financial~~other ~~statements~~costs doare ~~not~~expensed ~~include~~in ~~any~~the ~~adjustments~~period ~~that might result from this uncertainty~~incurred.

The Company’s activities to date have been supported by debt and equity financing. It has sustained losses in all previous reporting periods with an inception to date loss of $4,494,803 as of August 31, 2021. Management continues to seek funding from its shareholders and other qualified investors.Reclassifications

~~NOTE~~Certain 4prior –year ~~PREPAID~~amounts ~~EXPENSES~~have been reclassified for comparative purposes to conform to the current-year financial statement presentation. These reclassifications had no effect on previously reported results of operations.

~~Prepaid~~NOTE ~~expenses~~3 ~~include~~- ~~the~~GOING ~~prepayment of the annual mining claims renewal fees.~~CONCERN

~~Prepaid~~The ~~expenses~~accompanying ~~are~~financial statements have been prepared assuming that Century Cobalt Corp., Inc. will continue as ~~follows:~~a going concern. The Company has a working capital deficit, has not yet received revenue from sales of products or services, and has incurred losses from operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Without realization of additional debt or capital, it would be unlikely for the Company to continue as a going concern. The financial statements do not include any adjustments that might result from this uncertainty.

	August 31, 2021		November 30,2020
Annual mining claims renewal fees	$	7,696	$	99,909
Total	$	7,969	$	99,909

The Company’s activities to date have been supported by debt and equity financing. It has sustained losses in all previous reporting periods with an inception to date loss of $4,972,101 as of February 28, 2022. Management continues to seek funding from its shareholders and other qualified investors.

~~NOTE~~10 5Table –of ~~RESOURCE PROPERTY~~Contents

OnNOTE ~~August~~4 7,- ~~2018,~~SALE weOF ~~entered~~EMPERIUM ~~into~~AND anEQUITY ~~assignment~~METHOD ~~agreement with Oriental Rainbow Group Ltd., in regards to the acquisition of certain mineral claims in Lemhi County, Idaho known as the “Idaho Cobalt Belt”.~~INVESTMENT

~~Oriental~~On ~~Rainbow~~September ~~and~~14, ~~Plateau~~2021, ~~Ventures~~the ~~LLC~~Company ~~had~~signed ~~entered into~~ a share purchase agreement ~~dated~~to ~~September~~sell 4,the ~~2017,~~assets ~~wherein~~of ~~Oriental~~Emperium ~~Rainbow~~1 ~~had~~Holdings ~~acquired~~Corp ~~from~~(“Emperium”) ~~Plateau~~and repay a ~~100%~~related ~~interest~~party inreceivable ~~the~~to ~~property,~~Technology ~~subject~~Minerals toPLC ~~certain~~(“TM ~~subsequent~~PLC”), ~~payments~~a ~~and~~related ~~conditions~~party. ~~The~~TM ~~claims~~PLC ~~comprising~~became ~~the~~a ~~property~~UK ~~(649~~public ~~claims)~~company ~~initially~~during ~~totaled~~November ~~approximately~~2021. ~~12,980~~During ~~acres~~November 2021, ~~subject~~the toCompany anwas ~~option~~issued ~~under~~420,000,000 unregistered ~~the~~shares ~~purchase~~(0.001£ ~~agreement~~par ~~for~~value) ~~the~~of ~~acquisition~~TM ofPLC ~~additional~~common ~~claims~~stock byfor ~~issuing~~the aCompany’s ~~further~~Emperium ~~500~~assets and 50,000,000 ~~common~~unregistered shares ~~valued~~(0.001£ atpar ~~$20,000~~value) toof ~~Plateau~~TM ~~Ventures~~PLC ~~LLC.~~common ~~Such~~stock ~~option~~to ~~had~~repay ~~been~~the ~~exercised~~related ~~with~~party ~~additional~~receivable. ~~claims~~On ~~acquired~~November 30, ~~resulting~~2021 the Company’s ownership interest in aTM ~~total~~PLC ofwas ~~695~~38.8%. ~~claims~~TM ~~comprising~~PLC ~~approximately~~was 13established as a holding company,~~900~~ ~~acres.~~which ~~The~~will ~~value~~own ofassets ~~the~~that ~~claims~~focus ~~was~~on ~~$248,000at~~the ~~August~~circular 31economy, ~~2021~~ and ~~November~~on ~~30,~~the ~~2020~~security ~~and~~of ~~recorded~~the atsupply ~~resource~~chain ~~property~~from inmetal ~~the~~discovery ~~accompanying~~through ~~consolidated~~to ~~balance~~end-of-life ~~sheets~~use. The Company ~~perform~~has anaccounted ~~annual~~for ~~impairment~~its ~~test~~investment atin ~~November~~TM 30PLC under the equity method of accounting since inception. Since TM PLC is a related party, ~~2020~~the ~~and~~Company ~~determined~~valued anthe ~~impairment~~investment ~~charge~~at ~~was~~cost ~~not~~as ~~necessary.~~follows:

Oriental Rainbow has assigned its interest in the property to us in consideration for 2,500,000 restricted shares (issued) of common stock valued at $100,000 (the “Consideration Shares”). The Company has assumed all of Oriental Rainbow’s obligations under the purchase agreement, which material obligations include: the issuance of up to 500,000 restricted shares of common stock, valued at $20,000, to Plateau upon listing on a recognized stock exchange (issued) and paying Plateau $1,000,000 in four equal staged payments upon completion of a positive feasibility study on the property. The vendor retains a 1% royalty on revenue derived from the sale of cobalt concentrate and other ore extracts from the property. The Company has the option to purchase this 1% royalty at any time for $1,000,000 in cash or common shares. As of August 31, 2021 and November 30, 2020, respectively, the Company has invested $248,000 into the above-mentioned mineral claims. These amounts are reported in the accompanying consolidated balance sheet.

	Total
Emperium resource property	$	248,000
Related party receivable		70,415
Total	$	318,145

11The ~~Table~~$70,415 related party receivable was attorney fees paid by the Company on behalf of ~~Contents~~TM PLC during the nine months ended November 30, 2021.

~~NOTE~~On 6February –28, ~~NOTES~~2021, ~~PAYABLE~~the Company’s ownership interest in TM PLC was 37.8%. The following table summarizes the results of operations of TM PLC for the three months ended February 28, 2022:

Notes payable consisted of the following at August 31, 2021:

	February 28, 2022
Net Loss of TM PLC	$	537,438
Company equity loss from TM PLC	$	203,267

Date of Note	Principal Amount atIssuance ($)		Interest Rate			Maturity Date	Interest Accrued ($)
October 20, 2016 (1)		5,000		8	%	October 20, 2017		1,946
January 9, 2017 (1)		9,000		8	%	January 9, 2018		3,343
April 24, 2017 (1)		10,000		8	%	April 24, 2018		3,485
June 19, 2017 (1)		7,000		8	%	June 19, 2018		2,354
September 18, 2017 (1)		6,000		8	%	September 18, 2018		1,897
January 5, 2018 (1)		10,000		8	%	January 5, 2019		2,924
April 17, 2018 (1)		30,000		8	%	April 17, 2019		8,102
July 27, 2018 (1)		31,700		12	%	July 27, 2019		11,787
August 15, 2018 (1)		108,000		12	%	August 15, 2019		39,484
September 7, 2018 (1)		15,000		12	%	July 31, 2020		5,370
September 12, 2018 (1)		20,500		12	%	August 15, 2020		7,306
September 27, 2018 (1)		10,000		12	%	July 31, 2020		3,514
October 10, 2018 (1)		42,000		12	%	July 31, 2020		14,581
November 20, 2018 (1)		7,905		12	%	July 31, 2020		2,638
November 20, 2018 (1)		7,970		12	%	July 31, 2020		2,659
December 18, 2018 (1)		25,000		12	%	July 31, 2020		8,112
January 24, 2019 (1)		42,000		12	%	August 15, 2020		13,118
February 18, 2019 (1)		20,000		12	%	February 18, 2020		6,083
March 6, 2019 (1)		10,000		12	%	August 15, 2020		2,988
May 3, 2019 (1)		25,000		12	%	July 31, 2020		6,994
July 1, 2019 (2)		34,385		10	%	December 30, 2021		9,181
July 15, 2019 (2)		34,385		10	%	December 30, 2021		9,049
July 31, 2019 (2)		34,385		10	%	December 30, 2021		8,899
September 3, 2019 (2)		20,631		10	%	December 30, 2021		5,147
October 8, 2019 (2)		11,003		10	%	December 30, 2021		2,639
November 6, 2019 (2)		4,126		10	%	December 30, 2021		957
July 10, 2020 (1)		13,754		5	%	June 18, 2021		785
September 2, 2020 (1)		13,754		5	%	June 18, 2021		684
November 27, 2020 (1)		20,631		5	%	June 18, 2021		783
December 22, 2020 (1)		20,631		5	%	June 18, 2021		715
January 12, 2021 (1)		27,508		5	%	June 18, 2021		875
March 5, 2021 (1)		34,385		5	%	June 18, 2021		847
April 14, 2021 (1)		41,262		5	%	June 18, 2021		791
June 8, 2021		50,000		5	%	June 1, 2022		575
June 17, 2021		8,400		5	%	June 1, 2022		86
June 29, 2021		40,000		5	%	June 1, 2022		345
July 22, 2021 (4)		68,770		5	%	January 23, 2023		378
Subtotal		920,085						191,421
Debt Discount		61,919
Grand Total		858,166						191,421

For the three months ended February 28, 2022, the Company reported a loss from the equity method of $132,623 in the accompanying statements of operations, Since the Company equity investment was reduced to $-0-, only $132,623 of the $203,267 loss from the TM PLC equity investment was posted in the accompanying statements of operations. The equity method investment was $-0- and $132,623 as of February 28, 2022 and November 30, 2021, respectively, in the accompanying consolidated balance sheets.

12NOTE ~~Table~~5 of- ~~Contents~~NOTES PAYABLE

~~(1)~~Notes ~~The~~payable ~~Company~~consisted ~~is not compliant with the repayment terms~~ of the ~~notes~~following ~~payable.~~at ~~There~~February ~~are~~28, ~~no penalties associated with notes past the due date.~~2022:

Convertible notes payable consisted of the following at August 31, 2021:

Date of Note	Principal Amount at Issuance ($)	Interest Rate	Maturity Date	Interest Accrued ($)
October 20, 2016 (1)	5,000	8%	October 20, 2017	2,145
January 9, 2017 (1)	9,000	8%	January 9, 2018	3,701
April 24, 2017 (1)	10,000	8%	April 24, 2018	3,881
June 19, 2017 (1)	7,000	8%	June 19, 2018	2,632
September 18, 2017 (1)	6,000	8%	September 18, 2018	2,135
January 5, 2018 (1)	10,000	8%	January 5, 2019	3,320
April 17, 2018 (1)	30,000	8%	April 17, 2019	9,292
July 27, 2018 (1)	31,700	12%	July 27, 2019	13,673
August 15, 2018 (1)	108,000	12%	August 15, 2019	45,911
September 7, 2018 (1)	15,000	12%	July 31, 2020	6,263
September 12, 2018 (1)	20,500	12%	August 15, 2020	8,526
September 27, 2018 (1)	10,000	12%	July 31, 2020	4,109
October 10, 2018 (1)	42,000	12%	July 31, 2020	17,081
November 20, 2018 (1)	7,905	12%	July 31, 2020	3,109
November 20, 2018 (1)	7,970	12%	July 31, 2020	3,133
December 18, 2018 (1)	25,000	12%	July 31, 2020	9,600
January 24, 2019 (1)	42,000	12%	August 15, 2020	15,618
February 18, 2019 (1)	20,000	12%	February 18, 2020	7,273
March 6, 2019 (1)	10,000	12%	August 15, 2020	3,583
May 3, 2019 (1)	25,000	12%	July 31, 2020	8,482
July 1, 2019 (2)	33,548	10%	December 30, 2021	10,620
July 15, 2019 (2)	33,548	10%	December 30, 2021	10,491
July 31, 2019 (2)	33,548	10%	December 30, 2021	10,345
September 3, 2019 (2)	20,129	10%	December 30, 2021	6,020
October 8, 2019 (2)	10,735	10%	December 30, 2021	3,106
November 6, 2019 (2)	4,026	10%	December 30, 2021	1,134
July 10, 2020 (1)	13,419	5%	June 18, 2021	1,099
September 2, 2020 (1)	13,419	5%	June 18, 2021	1,000
November 27, 2020 (1)	20,129	5%	June 18, 2021	1,263
December 22, 2020 (1)	20,129	5%	June 18, 2021	1,197
January 12, 2021 (1)	26,838	5%	June 18, 2021	1,519
March 5, 2021 (1)	33,548	5%	June 18, 2021	1,659
April 14, 2021 (1)	40,257	5%	June 18, 2021	1,770
June 8, 2021	50,000	5%	June 1, 2022	1,815
June 17, 2021	8,400	5%	June 1, 2022	295
June 29, 2021	40,000	5%	June 1, 2022	1,337
September 20, 2021	20,000	5%	June 1, 2022	442
October 29, 2021	25,000	5%	June 1, 2022	418
November 16, 2021 (1)	67,091	5%	November 16, 2021	964
Grand Total	955,839			229,961

(2)

On July 30, 2019, the Company entered into a convertible unsecured term loan facility of £200,000 ($253,900) for funding working capital requirements. The promissory note has a maturity date of October 30, 2020, an interest rate of 10% and a conversion rate of $0.08 per share. After maturity, the interest rate increases to 8% above the Bank of England Base Rate. In addition, a 5% facility fee is added to the loan. The Company may draw the loan in installments of £25,000 ($31,735) at any time on or after the date of this agreement. During the year ended November 30, 2019, the Company has drawn six installments against the loan facility for an aggregate of $130,633. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance aggregated $12,654, and was recorded as debt discount. The debt discount was amortized through the term of the note. On October 19, 2020, the maturity date of the promissory note was extended to December 30, 2021. The unpaid balance including accrued interest was $174,787 and $159,183 at August 31, 2021 and November 30, 2020, respectively.

(3)

On August 14, 2019, the Company entered into a convertible unsecured term loan facility of £200,000 ($241,220) for funding working capital requirements. The promissory note has a maturity date of April 16, 2021, an interest rate of 10% and a conversion rate of $0.03 per share. After maturity, the interest rate increases to 8% above the Bank of England Base Rate. In addition, a 5% facility fee is added to the loan. The Company may draw the loan in installments at any time on or after the date of this agreement. During the year ended November 30, 2019, the Company has drawn two installments against the loan facility for an aggregate of $129,340. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance aggregated $34,853, and was recorded as debt discount. The debt discount was amortized through the term of the note. During the three months ended May 31, 2020, the Company received a third installment for $2,050. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance was $-0-. During the three months ended August 31, 2020, the Company received a third installment for $130,646. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance was $-0-. On August 4, 2021, the holder converted $332,398 of principal and interest into 11,079,939 shares of the Company’s common stock at $0.03 per share to fully satisfy the convertible promissory note. The unpaid balance including accrued interest was $-0- and $297,562 at August 31, 2021 and November 30, 2020, respectively.

Table of Contents

(41) On July 22, 2021, the Company entered into a long-term convertible promissory note of £50,000 ($68,815) with a third-party for funding an option fee to acquire land and a cannabis license in Zimbabwe (See Note 9 – Material Contracts for a further discussion). The promissory note has a maturity date of January 23, 2023, an interest rate of 5%. The holder may convert any part or all of the outstanding principal and/or interest on this promissory note into shares of the Company’s ~~common~~is stock dividing (i) any amount of part or all of the outstanding principal and/or interest on the note, by (ii) the 20-day VWAP of Company common stock prior to the date of conversion; provided, however, that the price of conversion shall not becompliant ~~less~~with ~~than $0.0001 per share. The Company calculated~~ the ~~fair~~repayment ~~value~~terms of the ~~beneficial~~notes ~~conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance~~payable. ~~The~~There ~~fair~~are ~~value~~no ofpenalties ~~the~~associated ~~conversion option in connection~~ with ~~the~~notes ~~note~~past on the ~~date~~due ~~of issuance was $68,815~~date. ~~The debt discount was amortized through the term of the note. The unpaid balance including accrued interest was $69,147 at August 31, 2021.~~

AsConvertible of August 31, 2021, the total loans - convertible amounted to $243,934 which includes $36,249 of accrued interest. The conversion price of the note was fixed and determinable on the date of issuance and as such in accordance with ASC Topic 815 “Derivatives and Hedging” (“ASC 815”), the embedded conversion option of the note was not considered a derivative liability. The beneficial conversion features of certain convertible notes ~~are~~payable atconsisted ~~a price below fair market value. The Company recorded interest expense on the debt discount~~ of ~~$6,896 and $7,994 for~~ the ~~three~~following ~~months ended August 31, 2021 and 2020, respectively, and $15,010 and $23,982 for the nine months ended August 31, 2021 and 2020, respectively. The unamortized debt discount was $61,919 and $8,114~~ at ~~August~~February 3128, ~~2021 and November 30, 2020, respectively.~~2022:

Notes payable and convertible notes payable transactions during the nine months ended August 31, 2021 consisted of the following:

(2)	On July 30, 2019, the Company entered into a convertible unsecured term loan facility of £200,000 ($253,900) for funding working capital requirements. The promissory note has a maturity date of October 30, 2020, an interest rate of 10% and a conversion rate of $0.08 per share. After maturity, the interest rate increases to 8% above the Bank of England Base Rate. In addition, a 5% facility fee is added to the loan. The Company may draw the loan in installments of £25,000 ($31,735) at any time on or after the date of this agreement. During the year ended November 30, 2019, the Company has drawn six installments against the loan facility for an aggregate of $130,633. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance aggregated $12,654 and was recorded as debt discount. The debt discount was amortized through the term of the note. On October 19, 2020, the maturity date of the promissory note was extended to December 30, 2021. The unpaid balance including accrued interest was $177,248 and $172,301 at February 28, 2022 and November 30, 2021, respectively.

(3)	On August 14, 2019, the Company entered into a convertible unsecured term loan facility of £200,000 ($241,220) for funding working capital requirements. The promissory note has a maturity date of April 16, 2021, an interest rate of 10% and a conversion rate of $0.03 per share. After maturity, the interest rate increases to 8% above the Bank of England Base Rate. In addition, a 5% facility fee is added to the loan. The Company may draw the loan in installments at any time on or after the date of this agreement. During the year ended November 30, 2019, the Company has drawn two installments against the loan facility for an aggregate of $129,340. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance aggregated $34,853 and was recorded as debt discount. The debt discount was amortized through the term of the note. During the three months ended May 31, 2020, the Company received a third installment for $2,050. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance was $-0-. During the three months ended August 31, 2020, the Company received a third installment for $130,646. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance was $-0-. On August 4, 2021, the holder converted $332,398 of principal and interest into 11,079,939 shares of the Company’s common stock at $0.03 per share to fully satisfy the convertible promissory note.

Balance, November 30, 2020	$	891,295
Borrowings		290,474
Less conversion to common stock		(277,150	)
Plus, foreign exchange adjustment		15,466
Less debt discount		(61,919	)
Balance, August 31, 2021	$	858,166

(4)

On July 22, 2021, the Company entered into a long-term convertible promissory note of £50,000 ($68,815) with a third-party for funding an option fee to acquire land and a cannabis license in Zimbabwe. The promissory note has a maturity date of January 23, 2023, an interest rate of 5%. The holder may convert any part or all of the outstanding principal and/or interest on this promissory note into shares of the Company’s common stock dividing (i) any amount of part or all of the outstanding principal and/or interest on the note, by (ii) the 20-day VWAP of Company common stock prior to the date of conversion; provided, however, that the price of conversion shall not be less than $0.0001 per share. The Company calculated the fair value of the beneficial conversion feature as the difference between the conversion price and the fair market value of the Company’s common stock into on the date of issuance. The fair value of the conversion option in connection with the note on the date of issuance was $68,815. The debt discount was amortized through the term of the note. During November 2021 it was determined the third-party did not fund the option fee to acquire land and a cannabis license in Zimbabwe and the note was cancelled with $-0- due from the Company. At November 30, 2021, the note and related discount was removed from the accounting records of the Company.

~~Notes~~As ~~payable~~of February 28, 2022, the total loans - convertible amounted to $177,248 which includes $41,716 of accrued interest. The conversion price of the note was fixed and determinable on the date of issuance and as such in accordance with ASC Topic 815 “Derivatives and Hedging” (“ASC 815”), the embedded conversion option of the note was not considered a derivative liability. The beneficial conversion features of certain convertible notes ~~payable~~are ~~transactions~~at ~~principal~~a ~~repayment~~price ~~schedule~~below ~~consisted~~fair market value. The Company recorded interest expense on the debt discount of $-0- and $5,409 for the ~~following:~~three months ended February 28, 2022 and 2021, respectively.

Fiscal year ended November 30, 2021	$	614,000
Fiscal year ended November 30, 2022		237,315
Fiscal year ended November 30, 2023 (less debt discount)		6,851
Total	$	858,166

Table of Contents

13Notes ~~Table~~payable and convertible notes payable transactions during the twelve months ended February 28, 2022, consisted of ~~Contents~~the following:

NOTE 7 – RELATED PARTY TRANSACTIONS

Balance, November 30, 2021	$	952,418
Borrowings		-
Less conversion to common stock		-
Plus, foreign exchange adjustment		3,421
Less debt discount		-
Balance, February 28, 2022	$	955,839

AsNotes ~~at August 31, 2021, accounts~~ payable and ~~compensation~~convertible ~~owing~~notes topayable ~~the~~transactions ~~Company’s~~principal ~~president~~repayment ~~and~~schedule ~~other~~consisted ~~related~~of ~~parties~~the ~~was $270,499 (November 30, 2020~~following: ~~$216,074).~~

AsFiscal atyear ~~August~~ended ~~31, 2021, the Company owed $60,823 to the Company’s president and director (~~November 30, ~~2020:~~2022 $~~60,823).~~ ~~In addition~~955, during the June 2021, the Company paid the legal bill for a related party for $69,624. The net balance of $8,801 is reported in due from related parties in the accompanying consolidated balance sheets. 839

OnNOTE ~~August~~6 ~~31,~~- ~~2021,~~RELATED ~~notes~~PARTY ~~payable owing to related parties was $537,825 (November 30, 2020: $314,124) and accrued interest owing to related parties was $96,592 (November 30, 2020: $68,453).~~TRANSACTIONS

OnAs September 11, 2018, the Company signed a Consulting Agreement for the Company’s former Chief Operating Officer (COO) beginning August 1, 2018 through December 31, 2020. Effective April 1, 2018, the former COO is compensated £200 (approximately $250) for each day performing services to the Company (approximately one day per week). Effective August 1, 2018, the former COO was compensated with 250,000 unregistered shares of ~~the Company’s common stock valued at $10,000 or $0.04 per share. On~~ February 128, ~~2019 the CCO was compensated with 250~~2022,~~000~~ ~~unregistered~~accounts ~~shares~~payable ofand ~~the~~compensation ~~Company’s~~owing ~~common~~to ~~stock valued at $36,750 or $0.147 share. On August 1, 2019~~ the ~~CCO was compensated with 250,000 unregistered shares of the~~ Company’s ~~common~~president ~~stock valued at $24,375 or $0.0975 share. The COO resigned on December 1, 2020 and will serve the company in other capacities. On May 21, 2021, the former COO~~ was ~~compensated with 1,750,000 unregistered shares of the common stock valued at~~ $40303,~~425~~362 or(November ~~$0.0231 per share. On August 4~~30, 2021,: ~~the former COO was compensated with 500,000 unregistered shares of the common stock valued at~~ $10289,~~000 or $0~~085).~~0200 per share. The non-stock compensation amounted to $-0- for the three months ended August 31, 2021 and 2020, and $-0- and $4,578 for the nine months ended August 31, 2021 and 2020, respectively.~~

OnAs ~~September 17, 2018, the Company signed a three-year Consulting Agreement for the Company’s President. Effective June 1, 2018, the President is compensated $8,500 per month for an aggregate~~ of ~~$102,000~~February ~~per year. Effective August 1~~28, ~~2018~~2022, the ~~President was compensated with 5,000,000 unregistered shares of the~~ Company’s ~~common~~owed ~~stock valued at~~ $~~200~~60,~~000~~823 or $0.04 per share. In addition, on August 1 of each year for this agreement, the President will be compensated with 1,000,000 unregistered shares of the Company’s common stock. On August 1, 2018, 1,000,000 unregistered shares of the Company’s common stock were earned by the Company’s President. The shares were valued at $40,000 or $0.04 share. On August 1, 2019, 1,000,000 unregistered shares of the Company’s common stock were earned by the Company’s President. The shares were valued at $97,500 or $0.975 share. Effective August 1, 2019, the President compensation was increased to ~~$15,000 per month for an aggregate of $180,000 per year. On August 1, 2020, 1,000,000 unregistered shares of~~ the Company’s ~~common~~president ~~stock~~and ~~were~~director ~~earned~~(November ~~by the Company’s President. The shares were valued at $18~~30,~~600~~ ~~or $0.0186 share. The agreement terminated on June 1,~~ 2021,: ~~thereafter, the Company’s CEO was compensated with~~ $1560,~~000 per month on a month-to-month basis~~823). On August 4, 2021, the Company’s CEO was compensated with 5,000,000 unregistered shares of the common stock valued at $100,000 or $0.0200 per share. The non-stock compensation amounted to $45,000 for the three months ended August 31, 2021 and 2020 and $135,000 for the nine months ended August 31, 2021 and 2020.

~~NOTE~~On 8February –28, ~~CAPITAL~~2022, ~~STOCK~~notes payable owing to related parties was $398,233 (November 30, 2021: $396,063) and accrued interest owing to related parties was $22,052 (November 30, 2021: $16,727).

~~The~~On September 11, 2018, the Company ~~has~~signed 20a Consulting Agreement for the Company’s former Chief Operating Officer (COO) beginning August 1,~~000~~ 2018 through December 31, 2020. The COO resigned on December 1, 2020 and will serve the company in other capacities. On May 21, 2021, the former COO was compensated with 1,750,000 ~~preferred~~unregistered shares ~~authorized~~of atthe acommon ~~par~~stock ~~value~~valued ofat $40,425 or $0.~~001~~0231 per share. AsOn of August 314, 2021, nothe ~~rights~~former ~~have~~COO ~~been~~was ~~assigned~~compensated towith ~~the~~500,000 ~~preferred~~unregistered shares ~~and~~of the ~~rights~~common ~~will~~stock bevalued ~~established~~at ~~upon~~$10,000 ~~issuance~~or $0.02 per share.

AsOn September 17, 2018, the Company signed a three-year Consulting Agreement for the Company’s President. Effective June 1, 2018, the President is compensated $8,500 per month for an aggregate of $102,000 per year. Effective August 1, 2018, the President was compensated with 5,000,000 unregistered shares of the Company’s common stock valued at $200,000 or $0.04 per share. In addition, on August 311 of each year for this agreement, ~~2021~~the President will be compensated with 1,000,000 unregistered shares of the Company’s ~~has~~common 3stock. On August 1, 2018, 1,000,000 unregistered shares of the Company’s common stock were earned by the Company’s President. The shares were valued at $40,000 or $0.04 share. On August 1, 2019, 1,000,000 unregistered shares of the Company’s common stock were earned by the Company’s President. The shares were valued at $97,500 or $0.975 share. Effective August 1, 2019, the President compensation was increased to $15,000 per month for an aggregate of $180,000 per year. On August 1, 2020, 1,000,000 unregistered shares of the Company’s common stock were earned by the Company’s President. The shares ~~authorized~~were valued at $18,600 or $0.0186 share. The agreement terminated on June 1, 2021, thereafter, the Company’s CEO was compensated with $15,000 per month on a ~~par~~month-to-month ~~value~~basis. On August 4, 2021, the Company’s CEO was compensated with 5,000,000 unregistered shares of the common stock valued at $100,000 or $0.~~001~~02 per share. The non-stock compensation amounted to $45,000 for the three months ended February 28, 2022 and 2021.

OnNOTE ~~August~~7 1,- ~~2018,~~CAPITAL the Company granted 1,000,000 unregistered common shares, at $0.04 per share, valued at $40,000, to the Company’s president pursuant to a consulting agreement for annual share compensation. On March 18, 2021, the Company issued 1,000,000 unregistered shares of the Company’s common stock to the Company’s president.STOCK

OnThe ~~February 1, 2019, the~~ Company ~~granted~~has ~~250~~20,000 ~~at $0.147 per share~~,000 ~~valued~~preferred ~~at $36,750, unregistered common~~ shares ~~pursuant~~authorized toat a ~~consulting~~par ~~agreement~~value ~~for~~of ~~the~~$0.001 ~~Company’s~~per ~~former Chief Operating Officer (COO)~~share. As of ~~August~~February 3128, ~~2021~~2022, ~~the~~no ~~shares~~rights have ~~not~~ been ~~issued~~assigned to the ~~former~~preferred ~~COO~~shares and the rights will be established upon issuance.

OnAs ~~April~~at 1February 28, ~~2019~~2022, the Company ~~granted~~has ~~163~~3,~~132 at $0.1226 per share~~500, ~~valued at $20,~~000,000 ~~unregistered~~ common shares asauthorized ~~per~~at ana ~~option~~par ~~agreement~~value toof ~~explore and evaluate the battery materials in South Dakota~~$0.001 ~~See~~per ~~Note 5~~share. ~~As of August 31, 2021, the shares have not been issued to the individual.~~

On ~~June~~August 51, ~~2019~~2018, the Company entered into an agreement with a consultant to provide finance and accounting services to the Company. The Consultant is compensated with a combination of cash and unregistered shares of the Company’s common stock. In addition, the consultant was granted 501,000,000 ~~shares~~unregistered ~~of the Company’s~~ common ~~stock~~shares, ~~valued~~ at $~~4,990 or~~ 0.~~0998~~04 per share~~. The consultant has earned 202~~,~~546~~ ~~shares~~ valued at $640,~~773~~000, orto ~~$0.0334 per share for~~ the ~~nine~~Company’s ~~months~~president ~~ended~~pursuant ~~August~~to ~~31,~~a ~~2021~~consulting ~~and~~agreement ~~503,341~~for ~~shares~~annual ~~valued~~share ~~at $13,465 or $0~~compensation.~~0268~~ ~~per~~On ~~share~~March ~~at November 30~~18, ~~2020~~2021, ~~for~~the anCompany ~~aggregate~~issued ~~of 705~~1,~~887 shares valued at $20~~000,~~237~~000 orunregistered ~~$0.0287~~shares ~~per~~of ~~share.~~the ~~The~~Company’s ~~705,887~~common ~~shares~~stock ~~were issued~~ to the ~~consultant~~Company’s ~~on August 11, 2021~~president.

On ~~August~~February 1, 2019, the Company granted 1250,000~~,000~~ ~~unregistered common shares,~~ at $0.~~0975~~147 per share, valued at $9736,~~500~~750, tounregistered ~~the~~common ~~Company’s~~shares ~~president~~ pursuant to a consulting agreement for ~~annual~~the ~~share~~Company’s ~~compensation.~~former OnChief ~~March~~Operating ~~18,~~Officer ~~2021,~~(COO). ~~the~~As ~~Company~~of ~~issued~~February 128,~~000~~ 2022,~~000~~ ~~unregistered~~the shares ofhave ~~the~~not ~~Company’s~~been ~~common~~issued ~~stock~~ to the ~~Company’s~~former ~~president~~COO.

On ~~August~~April 1, 2019, the Company granted ~~250~~163,~~000~~132 at $0.~~0975~~1226 per share, valued at $2420,~~375~~000, unregistered common shares ~~for~~as ~~services~~per an option agreement to ~~the~~explore ~~Company~~and ~~for~~evaluate the ~~Company’s~~battery ~~former~~materials ~~Chief~~in ~~Operating~~South ~~Officer (COO)~~Dakota. As of ~~August~~February 3128, ~~2021~~2022, the shares have not been issued to the ~~Company’s former COO~~individual.

On ~~October~~June 85, 2019, the Company ~~issued~~entered into an agreement with a ~~stock~~consultant ~~subscription~~to ~~for~~provide ~~120,000~~finance and accounting services to the Company. The Consultant is compensated with a combination of cash and unregistered shares of the Company’s common stock. toIn anaddition, ~~investor.~~the ~~The~~consultant was granted 50,000 shares ~~were~~of the Company’s common stock valued at $54,~~980~~990 or $0.050998 per share. The ~~subscription~~consultant ~~amount~~has ~~was~~earned ~~funded~~202,546 onshares ~~October~~valued 9at $6,773 ~~2019~~or $0.0334 Onper ~~April~~share 27for the nine months ended August 31, ~~2020~~2021 and 503,341 ~~the~~shares ~~Company~~valued ~~issued~~at ~~120~~$13,~~000~~465 ~~unregistered~~or ~~shares~~$0.0268 per share, for an aggregate of ~~the~~705,887 ~~Company’s~~shares ~~common~~valued ~~stock~~at $20,237 or $0.0287 per share. The 705,887 shares were issued to the ~~investor~~consultant on August 11, 2021. ~~The~~As ~~Company~~of ~~used~~February 28, 2022, the ~~proceeds~~consultant ~~for~~earned ~~working~~an ~~capital~~additional 59,179 shares valued at $1,715 or $0.0290 per share under the agreement.

On13 ~~December~~Table ~~23, 2019, the Company issued a stock subscription for 912,310 unregistered shares~~ of the Company’s common stock to an investor. The shares were valued at $45,616 or $0.05 per share. The subscription amount was funded on December 24, 2019. On May 21, 2021, the Company issued 912,310 unregistered shares of the Company’s common stock to the investor. The Company used the proceeds for working capital.Contents

14On ~~Table~~August 1, 2019, the Company granted 1,000,000 unregistered common shares, at $0.0975 per share, valued at $97,500, to the Company’s president pursuant to a consulting agreement for annual share compensation. On March 18, 2021, the Company issued 1,000,000 unregistered shares of ~~Contents~~the Company’s common stock to the Company’s president.

On August 1, ~~2020~~2019, the Company granted 1250,000~~,000~~ ~~unregistered common shares,~~ at $0.~~0186~~0975 per share, valued at $1824,~~600~~375, tounregistered ~~the~~common ~~Company’s~~shares ~~president~~for ~~pursuant~~services to athe ~~consulting~~Company ~~agreement~~ for ~~annual~~the ~~share~~Company’s ~~compensation.~~former OnChief ~~March~~Operating ~~21,~~Officer ~~2021,~~(COO). ~~the~~As ~~Company~~of ~~issued~~February 128,~~000~~ 2022,~~000~~ ~~unregistered~~the shares ofhave ~~the~~not ~~Company’s~~been ~~common~~issued ~~stock~~ to the Company’s ~~president~~former COO.

On ~~February~~December 323, ~~2020~~2019, the Company issued a stock subscription for 2912,~~174,545~~310 unregistered shares of the Company’s common stock to an investor. The shares were valued at $5945,~~800~~616 or $0.~~0275~~05 per share. The subscription amount was funded on ~~February~~December 724, ~~2020~~2019. On May 21, 2021, the Company issued 2912,~~174,545~~310 unregistered shares of the Company’s common stock to the investor. The Company used the proceeds for working capital.

On ~~January~~August 111, ~~2021~~2020, the Company ~~issued~~granted ~~a stock subscription for 176~~1,~~966~~000,000 unregistered ~~shares of the Company’s~~ common ~~stock~~shares, toat ~~pay~~$0.0186 aper ~~past~~share, ~~due~~valued ~~balance~~at ~~from~~$18,600, ~~one~~to of the Company’s ~~vendors.~~president ~~The~~pursuant ~~shares~~to ~~were~~a ~~valued~~consulting atagreement ~~$5,309~~for orannual ~~$0.03 per~~ share compensation. On ~~April~~March 1921, 2021, the Company issued ~~176~~1,~~966~~000,000 unregistered shares of the Company’s common stock to the ~~vendor~~Company’s president.

On ~~May~~February 213, ~~2021~~2020, the Company issued 1a stock subscription for 2,~~750~~174,~~000~~545 unregistered shares of the Company’s common stock to ~~the~~an ~~Company’s former COO~~investor. The shares were ~~earned~~valued at $59,800 or $0.0275 per share. The subscription amount was funded on February 7, 2020. On May 21, 2021, asthe aCompany ~~bonus~~issued ~~for~~2,174,545 ~~services~~unregistered toshares of the Company’s common stock to the investor. The ~~shares~~Company ~~were~~used ~~valued~~the atproceeds ~~$40,425~~for orworking $0capital.~~0231 per share.~~

On ~~August~~January 411, 2021, the Company issued ~~500~~a stock subscription for 176,~~000~~966 unregistered shares of the Company’s common stock to ~~the~~pay ~~Company’s~~a ~~former~~past ~~COO~~due asbalance afrom ~~bonus~~one ~~for~~of ~~services to~~ the Company’s vendors. The shares were valued at $105,~~000~~309 or $0.0203 per share. On April 19, 2021, the Company issued 176,966 unregistered shares of the Company’s common stock to the vendor.

On ~~August~~May 421, 2021, the Company issued 51,~~000~~750,000 unregistered shares of the Company’s common stock to the Company’s ~~CEO~~former COO. The shares were earned on May 21, 2021 as a bonus for services to the Company. The shares were valued at $~~100~~40,~~000~~425 or $0.020231 per share.

On August 4, 2021, the Company issued 500,000 unregistered shares of the Company’s common stock to the Company’s former COO as a bonus for services to the Company. The shares were valued at $10,000 or $0.02 per share.

On August 4, 2021, the Company issued 115,~~079~~000,~~939~~000 unregistered shares of the Company’s common stock to ~~convert~~the ~~$332,398~~Company’s ofCEO ~~principal~~for ~~and~~services ~~interest~~to atthe $0Company.03 ~~per~~The ~~share~~shares towere ~~fully~~valued ~~satisfy~~at ~~the~~$100,000 ~~convertible~~or ~~promissory~~$0.02 ~~note~~per ~~dated August 14, 2019~~share.

AsOn of August 314, 2021, the Company ~~had~~issued ~~104~~11,~~361~~079,~~576~~939 ~~(November~~shares ~~30,~~of ~~2020:~~the ~~79,061,929)~~Company’s common ~~shares~~stock ~~issued~~to convert $332,398 of principal and ~~outstanding~~interest at $0.03 per share to fully satisfy the convertible promissory note dated August 14, 2019.

~~NOTE~~As 9of –February ~~MATERIAL~~28, ~~CONTRACTS~~2022, the Company had 104,361,576 (November 30, 2021: 104,361,576) common shares issued and outstanding.

OnNOTE ~~January~~8 9, 2019, the Company entered an agreement with a consultant to head the Company’s Advisory Board to provide essential prospective on technology and public policy developments that are shaping the cobalt markets. In addition, the consultant will provide press releases, additional messaging and focus on exploring potential relationships with major cobalt users. The agreement terminates on December 31, 2019. After December 31, 2019, the agreement automatically renews unless the Company or consultant provide 30 days written notice. The consultant is compensated with a $5,000 retainer which commences the first of the month following the completion of the Company’s next capital raise. In addition, the Company granted the consultant a three-~~year~~ ~~option~~MATERIAL to purchase 250,000 shares of the Company’s unregistered common stock at $0.10 per share. The option vested as to 100,000 shares on the grant date, vests 100,000 shares on August 9, 2019 and 50,000 on January 9, 2020. The fair value of the option was $23,891. The Company uses a Black-Scholes-Merton option pricing model to estimate the fair value option with the following assumptions:CONTRACTS

Risk-free interest rate		2.54	%
Expected life (in years)		3
Expected volatility		310.6	%
Grant date fair value	$	.097

The Company renewed a twelve-month lease agreement for office space ending on June 30, 2021 for $770 per month and an aggregate of $9,240 over the term of the lease. The lease terminated on June 1, 2021 and was not renewed. The Company settled the unpaid balance for $6,000 which resulted in $3,447 reversal of rent expense. The rent expense recognized was $2,309 for three months ended February 28, 2021.

On ~~March~~September 1114, 2019, the Company ~~signed~~entered an agreement with a ~~twelve-month~~consultant ~~lease~~as ~~agreement~~the ~~for~~Company’s aBusiness ~~four-bedroom~~Development ~~living~~Director ~~unit.~~including ~~The~~such ~~lease~~other ~~starts~~management onadvisory ~~April~~services 1,as ~~2019~~may ~~and~~be ~~ends~~reasonably onrequested ~~March~~by ~~31,~~the ~~2020~~Company. The ~~monthly~~agreement ~~rental~~terminated ison $1August 31,~~200~~ 2021 and anwas ~~aggregate~~not ofrenewed. The consultant was compensated with $144,~~400~~000 ~~over~~a ~~the~~month ~~term~~beginning ofSeptember ~~the~~1, ~~lease~~2019. The ~~lease~~consultant ~~terminated~~earned on$12,000 ~~March~~for ~~31,~~the ~~2020~~three ~~and~~months ~~was~~ended ~~not~~February ~~renewed~~28, 2021.

OnNOTE ~~April~~9 ~~2, 2019, the Company signed a twelve~~-~~month~~ ~~lease~~SUBSEQUENT agreement for office space. The lease starts on July 1, 2019 and ends on June 30, 2020. The monthly rental is $730 and an aggregate of $8,761 over the term of the lease. The lease was renewed on a twelve-month lease agreement ending on June 30, 2021 for $770 per month and an aggregate of $9,240 over the term of the lease. The lease terminated on June 1, 2021 and was not renewed. The Company settled the unpaid balance for $6,000 which resulted in $3,447 reversal of rent expense in the accompanying consolidated statement of operations.EVENTS

~~The~~On ~~rent~~March ~~expense~~30, ~~recognized~~2022, ~~was~~the (Company entered into a Loan Agreement with a third party for $3340,~~447)~~000. ~~and~~The $4loan bears interest at 2% per month with a maturity date of March 27,~~727~~ ~~for~~2023. ~~three~~The ~~months~~loan ~~ended~~requires ~~August~~a 31$50,000 ~~2021~~repayment plus interest from 120 days and ~~2020,~~240 ~~respectively,~~days from the date of the first drawdown and ~~$1,496~~the balance of principal and $interest due must be repaid before 360 days of the first drawdown. In addition, the Company transferred 12,~~950~~878,787 ~~for~~shares ~~nine~~of ~~months~~its ~~ended~~investment ~~August~~in 31PLC common stock as collateral. The shares are held in the lender’s brokerage account. Subsequent to February 28, ~~2021~~2022, ~~and~~the ~~2020~~Company has drawn three (3) installments for $162,355.

OnDuring ~~September~~April ~~14,~~and ~~2019~~May 2022, the Company ~~entered~~sold an4,375,000 ~~agreement~~shares ~~with~~of ~~a consultant as~~ the ~~Company’s~~TM ~~Business~~PLC ~~Development~~investment ~~Director~~for ~~including~~working ~~such~~capital ~~other~~and ~~management~~repay ~~advisory~~promissory ~~services~~notes ~~as may be reasonably requested by the Company~~payable. The proceeds ~~agreement~~were ~~terminates on August 31, 2021. The consultant is compensated with~~ $4153,~~000~~201 aor ~~month beginning September 1, 2019~~$0.035 ~~The~~per ~~consultant earned $12,000 for the three months ended August 31, 2021 and 2020 and $36,000 for the nine months ended August 31, 2021 and 2020~~share.

OnDuring ~~March~~April ~~17,~~and ~~2021~~May 2022, the Company ~~signed~~repaid anthe ~~option~~principal ~~agreement~~and ~~together~~interest ~~with~~on ~~Block~~various ~~Commodities~~related ~~Limited~~related-party tonotes ~~acquire~~payable afor 70$170,348. ~~percent~~The ~~interest~~repaid innotes awere ~~Medicinal~~dated ~~Cannabis~~June ~~license~~8, ~~granted~~2021, toJune ~~Magnus~~17, ~~Cannabis~~2021 ~~Group~~June ~~Limited~~29, ~~(“Magnus”)~~2021, bySeptember ~~the~~20, ~~government~~2021 ofand ~~Zimbabwe.~~October ~~Block~~29, ~~Commodities~~2021 ~~Ltd~~for $148,905. isThe ~~listed~~Company oninadvertently overpaid the ~~Aquis~~related ~~Stock~~party ~~Exchange~~loans by $21,442. ~~trading~~The ~~with~~overpayment ~~ticker~~has ~~code~~not ~~BLCC.PL~~been ~~(“BLCC”)~~repaid at May 16, 2022.

The ~~acquiring~~Company ~~parties~~has ~~will~~evaluated ~~each~~all ~~hold~~events 35occurring ~~percent.~~subsequently ~~The~~to ~~stake~~these infinancial ~~the~~statements ~~Magnus~~through ~~license~~May 16, ~~will~~2022 ~~secure~~and ~~supply~~determined ofthere ~~medicinal~~were ~~grade~~no ~~cannabis~~other ~~for~~items ~~the~~to ~~production of Nutraceuticals~~disclose.

~~The~~14 ~~option~~Table ~~is for an exclusivity period~~ of 90 days to complete the Acquisition. As of August 31, 2021, the acquisition has not been completed. On June 15, 2021, the option was extended to August 31, 2021 and not extended pending the completion of further negotiations. The proposed terms of the Acquisition are as follows:Contents

15 Table of Contents

	•	Payment of an option fee of £50,000 (approximately $69,000) to acquire land and a cannabis license fee in Zimbabwe, to be apportioned equally between the acquiring parties, and
	•	Payment by BLCC of £1,500,000 (approximately $2,095,000) through the issue of 2,142,857,142 fully paid ordinary shares in BLCC (valued at 0.07p, per share) upon exercise of the option, and contemporaneously the payment by CCOB of £1.5m of CCOB fully paid ordinary shares, price based on a 30-day VWAP (using the US$/GB£ closing middle market exchange rate published by Bloomberg on the day immediately prior to completion).

The Company paid the entire option fee on July 22, 2021 for £50,000 (approximately $69,000). The Company recorded the option fee in other assets in the accompanying consolidated balance sheets pending the completion of the acquisition negotiations. The balance at August 31, 2021 was $68,770.

NOTE 10 – SUBSEQUENT EVENTS

Subsequent to August 31, 2021, the Company received an $20,000 installment under a loan agreement dated June 01, 2021 with a related party. The loan bears interest at 5% and has a maturity date of June 1, 2022.

On September 14, 2021, the Company signed a share purchase agreement to sell the assets of Emperium 1 Holdings Corp to Technology Minerals PLC, a related party (Refer to Note 5 - Resource Property for a further discussion). Technology Minerals PLC become a new UK public company during the three months ended August 31, 2021. The Company will be issued 420,000,000 unregistered shares (0.001£ par value) of Technology Minerals PLC common stock.

The Company has evaluated all events occurring subsequently to these financial statements through October 20, 2021 and determined there were no other items to disclose.

16 Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

FORWARD LOOKING STATEMENTS

The following discussion of our financial condition and results of operations for the three ~~and nine~~ months ended ~~August~~February 3128, ~~2021~~2022 and ~~2020~~2021 should be read in conjunction with the consolidated financial statements and the notes to those statements that are included elsewhere in this report. Our discussion includes forward-looking statements based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements because of several factors, including those set forth under the Part I, Item 1A, Risk Factors and Business sections in our Annual Report on Form 10-K for the fiscal year ended November 30, ~~2020~~2021, as filed with the SEC on ~~June~~March 16, ~~2021~~2022, this report, and our other filings with the SEC. We use words such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “believe,” “intend,” “may,” “will,” “should,” “could,” and similar expressions to identify forward-looking statements. In addition, any statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements. Such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this report.

General Overview

We were incorporated in the State of Nevada on April 29, 2008, under the name “Mayetok, Inc.”. As Mayetok, Inc. we were engaged in the development of a website to market vacation properties in the Ukraine.

On June 8, 2010, we initiated a one (1) old for 35 new forward stock split of our issued and outstanding common stock. As a result, our authorized capital increased from 100,000,000 to 3,500,000,000 shares of common stock and the issued and outstanding increased from 2,200,000 shares of common stock to 77,000,000 shares of common stock, all with a par value of $0.001.

Also, on June 8, 2010, we changed our name from “Mayetok, Inc.” to “First American Silver Corp.”, by way of a merger with our wholly owned subsidiary First American Silver Corp., which was formed solely for the change of name. We changed the name of our company to reflect the new direction of our company in the business of acquiring, exploring and developing mineral properties. As of June 2010, we had abandoned our former business plan of seeking to market vacation properties.

Our name change and forward stock split became effective with the Over-the-Counter Bulletin Board at the opening of trading on June 16, 2010, on which date we adopted the new stock symbol “FASV”.

On June 18, 2018, we changed our name from “First American Silver Corp.” to “Century Cobalt Corp”, by way of a merger with our wholly owned subsidiary Century Cobalt Corp., which was formed solely for the change of name. We changed the name of our company to reflect the new direction of our company in the business of acquiring, exploring and developing mineral properties. Our name change became effective with the Over-the-Counter Bulletin Board at the opening of trading on June 18, 2018, on which date we adopted the new stock symbol “CCOB”

Our Current Business

On August 7, 2018, we entered into an assignment agreement with Oriental Rainbow Group Ltd., in regards to the acquisition of certain mineral claims in Lemhi County, Idaho known as the “Idaho Cobalt Belt”.

Oriental Rainbow and Plateau Ventures LLC had entered into a purchase agreement dated September 4, 2017, wherein Oriental Rainbow had acquired from Plateau a 100% interest in the property, subject to certain subsequent payments and conditions. The claims comprising the property (649 claims) initially totaled approximately 12,980 acres, subject to an option under the purchase agreement for the acquisition of additional claims. Such option had been exercised with additional claims acquired, resulting in a total of 695 claims comprising approximately 13,900 acres.

Oriental Rainbow has assigned its interest in the property to us in consideration for 2,500,000 restricted shares of common stock (the “Consideration Shares”). We have assumed all of Oriental Rainbow’s obligations under the purchase agreement, which material obligations include: the issuance of up to 500,000 restricted shares of common stock to Plateau upon listing on a recognized stock exchange; paying pending BLM fees for the claims in the amount of $108,000; and paying Plateau $1,000,000 in four equal staged payments upon completion of a positive feasibility study on the property.

Century Cobalt’s, acreage, known as the “Emperium Cobalt Project,” as noted above totals 12,980 Acres / 5,625 Hectares, making it larger than the combined land claims of the 5 largest publicly traded companies currently active in the Idaho Cobalt Belt. The project is located approximately 16 miles (26 km) southwest of Salmon, Idaho. As of March 2020, the Company’s land position has been reduced to 694 claims.

OnWe ~~March~~had ~~17,~~been ~~2021~~exploring wefurther ~~executed~~options onregarding anthe ~~opportunity~~monetization toof ~~expand~~its ~~our~~Emperium ~~asset~~Cobalt ~~base~~Project, ~~and~~which ~~change~~may ~~our~~include ~~strategic~~the ~~focus~~sub-licensing or sale of the assets. ~~Pursuant~~Further to ~~this~~these efforts, ~~the~~on ~~company~~March 17, ~~together~~2021, ~~with~~we ~~Block~~signed ~~Commodities~~an ~~Limited,~~MOU itand entered into andiscussions ~~option~~with ~~agreement~~UK-based toTechnology ~~acquire~~Minerals 70Limited ~~percent interest~~ (~~the~~ “~~Acquisition~~Technology Minerals”) infor aTechnology ~~Medicinal~~Minerals ~~Cannabis license granted~~ to ~~Magnus~~acquire ~~Cannabis~~the ~~Group~~Company’s ~~(Private)~~entire ~~Limited~~interest (“~~Magnus~~the assets”) byin the ~~government~~Emperium ofCobalt ~~Zimbabwe~~Project. ~~Block Commodities Ltd. is listed on the Aquis Stock Exchange, trading with ticker code BLCC.PL (“BLCC”).~~

The acquiring parties will each hold 35 percent. The stake in the Magnus license, will secure supply of medicinal grade cannabis for the production of Nutraceuticals.

17 Table of Contents

The option is for an exclusivity period of 90 days to complete the Acquisition. On June 15, 2021, the option was extended to August 31, 2021 and not renewed pending further negotiations. As of October 20, 2021, the acquisition has not been completed. The proposed terms of the Acquisition are as follows:

	•	Payment of an option fee of £50,000 (approximately $69,000) to acquire land and a cannabis license fee in Zimbabwe, to be apportioned equally between the acquiring parties, and
	•	Payment by BLCC of £1,500,000 (approximately $2,095,000) through the issue of 2,142,857,142 fully paid ordinary shares in BLCC (calculated at 0.07p per share) upon exercise of the option, and contemporaneously the payment by CCOB of £1.5m of CCOB fully paid ordinary shares, price based on a 30-day VWAP (using the US$/GB£ closing middle market exchange rate published by Bloomberg on the day immediately prior to completion).

The Company paid the entire option fee on July 22, 2021 for £50,000 (approximately $69,000) pending the completion of the acquisition negotiations.

We believe that this opportunity will enhance shareholder value over the longer term.

Given the foregoing, we had been exploring further options regarding the monetization of its Emperium Cobalt Project, which may include the sub-licensing or sale of the assets. Further to these efforts, on March 17, 2021, we signed an MOU and entered into discussions with UK-based Technology Minerals Limited (“Technology Minerals”) for Technology Minerals to acquire the Company’s entire interest (“the assets”) in the Emperium Cobalt Project.

Technology Minerals is comprised of mining assets and a major recycling group, laying the foundations for the UK’s first meaningful green circular economy in the battery industry and is currently in the process of becoming a UK-listed Company on the Standard List of the London Stock Exchange, by way of a Reverse Take Over.

Technology Minerals will extract the raw materials required for Li-ion Battery cathodes and then help solve the ecological issue of spent Li-ion batteries by recycling them for reuse by battery manufacturers.

To15 ~~date,~~Table ~~as noted herein, Century Cobalt has focused on exploring and developing its large Emperium Cobalt Project to take advantage~~ of ~~the growing demand for secure, domestic cobalt supplies, but the Directors believe that a sale of its assets to Technology Minerals represents an attractive and quicker route to monetize the Project.~~Contents

On September 14, 2021, the Company signed a share purchase agreement to sell the assets of Emperium 1 Holdings Corp to Technology Minerals PLC, a related party. Technology Minerals PLC become new UK public company during the three months ended August 31, 2021. The Company ~~will~~was be issued 420,000,000 unregistered shares (0.001£ par value) of Technology Minerals PLC common stock. The Company estimates it will own approximately 3538% of the outstanding shares of Technology Minerals PLC.

IfWe ~~the negotiations~~ are ~~successful~~currently ~~and~~accessing the ~~sale~~next ofsteps ~~the~~our Project is completed, the Company will change its strategic direction and focus on the above noted medicinal cannabis license opportunity in partnership with its UK listed partner, Block Commodities Limitedbusiness.

Results of Operations

For the three months ~~Ended~~ended ~~August~~February 3128, ~~2021~~2022 Compared to the three months ~~Ended~~ended ~~August~~February 3128, ~~2020~~2021

Revenue

We have not earned any revenues since our inception, and we do not anticipate earning revenues in the upcoming quarter.

Net loss

We had a net loss of $~~246~~223,~~575~~983 for the three-month period ended ~~August~~February 3128, ~~2021~~2022 which was $6519,~~837~~865 higher than the net loss of $~~180~~204,~~738~~118 for the three-month period ended ~~August~~February 3128, ~~2020~~2021. The change in our net loss over the two periods are primarily a result of an approximate $92133,000 increase inloss ~~consulting fees primarily~~ from ~~the~~equity ~~issuance~~method ofinvestment, ~~the~~offset ~~Company’s~~by, ~~common~~an ~~stock~~approximate to$35,000 ~~our~~decrease ~~CEO~~in ~~and~~consulting ~~former~~fees ~~COO~~primarily ~~for~~from ~~service~~the tolower ~~the~~common ~~Company~~stock compensation, an approximate $1431,000 ~~increase~~decrease in exploration fees for potential mining operations, an approximate $112,000 ~~increase~~decrease in professional fees, ~~for our SEC reporting requirements and a potential acquisition and~~ an approximate $415,000 ~~increase~~decrease in interest expense from our notes payable, ~~offset by~~ an approximate $4723,000 decrease in foreign exchange adjustments and an approximate $87,000 decrease in general administrative expenses from lower rent expense and other items.

For the nine months Ended August 31, 2021 Compared to the nine months Ended August 31, 2020

Revenue

We have not earned any revenues since our inception and we do not anticipate earning revenues in the upcoming quarter.

Net loss

We had a net loss of $658,993 for the nine-month period ended August 31, 2021 which was $197,718 higher than the net loss of $461,275 for the nine-month period ended August 31, 2020. The change in our net loss over the two periods are primarily a result of an approximate $123,000 increase in consulting fees primarily from the issuance of the Company’s common stock to the Company’s CEO and former COO for service to the Company, an approximate $35,000 increase in exploration fees for potential mining operations, an approximate $34,000 increase in professional fees for our SEC reporting requirements and a potential acquisition, an approximate $15,000 increase in foreign exchange adjustments and an approximate $5,000 increase in interest expense from our notes payable, offset by an approximate $14,000 decrease in general administrative expenses from lower rent expense, OTC market fees and supplies expenses.

18 Table of Contents

Liquidity and Capital Resources

Our balance sheet as of ~~August~~February 3128, ~~2021 reflects current assets of $24,116. We~~ 2022 had cash of $~~7,619~~446 and working capital deficit of $1,~~520~~754,~~331 as of August 31, 2021~~810. We do not have sufficient working capital to enable us to carry out our stated plan of operation for the next twelve months.

We anticipate generating losses and, therefore, may be unable to continue operations further in the future.

Cash Flows

Operating Activities

Net cash used in operating activities during the ~~nine~~three months ended ~~August~~February 3128, ~~2021~~2022 was $~~232~~26,~~967~~208, a $~~108~~34,~~925~~165 ~~increase~~decrease from the $~~136~~60,~~274~~373 net cash outflow during the ~~nine~~three months ended ~~August~~February 3128, ~~2020~~2021 as a result of the Company’s ~~increased~~decreased activity ~~for~~after ~~our~~the ~~SEC~~sales ~~reporting~~of ~~cost~~Emperium ~~and~~in aSeptember ~~potential acquisition~~2021.

Investing Activities

Net cash used in investing activities during the nine months ended August 31, 2021 was $68,815 from the $-0- net cash outflow during the nine months ended August 31, 2020 as a result of the Company’s purchase of an option to acquire land and a cannabis license in Zimbabwe.

Financing Activities

Cash provided by financing activities during the ~~nine~~three months ended ~~August~~February 3128, ~~2021~~2022 was $~~289~~-0-,~~919,~~ a $~~169~~46,~~874~~921 ~~increase~~decrease from $~~120~~46,~~045~~921 in cash provided by financing activities during the ~~nine~~three months ended ~~August~~February 3128, ~~2020~~2021 from a related party promissory ~~note payable and a convertible note payable during the nine months ended August 31, 2021 and two stock subscription and convertible~~ notes payable ~~during the nine months ended August 31, 2020.~~

We estimate that our operating expenses and working capital requirements for the 12 months ended ~~August~~February 3128, ~~2022~~2023 to be as follows:

Estimated Net Expenditures During The Next Twelve Months

Expense	Cost
General and administrative expenses	$	25,000
Management and administrative costs	$	~~300~~180,000
Legal Fees	$	10,000
Auditor Fees	$	1525,000
Exploration	$	150,000
Total	$	240,000
Total	$	500,000

Of the $~~500~~240,000 that we require for the next 12 months, we had $~~7,619~~446 in cash as of ~~August~~February 3128, ~~2021~~2022 and a working capital deficit of $1,~~520~~754,~~331~~810. In order to improve our liquidity, we plan to pursue additional equity or debt financing from private investors or possibly a registered public offering. We do not currently have any definitive arrangements in place for the completion of any further financings and there is no assurance that we will be successful in completing any further financings. If we are unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our business activities and administrative expenses in order to be within the amount of capital resources that are available to us.

We are not aware of any known trends, demands, commitments, events or uncertainties that will result in or that are reasonably likely to result in our liquidity increasing or decreasing in any material way.

Table of Contents

Future Financings

We anticipate continuing to rely on equity sales of our common stock in order to continue to fund our business operations. Issuances of additional shares will result in dilution to our existing stockholders. There is no assurance that we will achieve any additional sales of our equity securities or arrange for debt or other financing to fund our planned business activities.

We presently do not have any arrangements for additional financing for the expansion of our exploration operations, and no potential lines of credit or sources of financing are currently available for the purpose of proceeding with our plan of operations.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, and capital expenditures or capital resources that are material to stockholders.

19 Table of Contents

Critical Accounting Policies

Please refer to Note 2 - Summary of Significant Accounting Policies in the accompanying Notes to the Consolidated Financial Statements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 4. Controls and Procedures

Management’s Report on Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934 , as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer, principal financial officer and principle accounting officer) to allow for timely decisions regarding required disclosure.

As of the end of the quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our president (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president (our principal executive officer, principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.

Changes in Internal Control Over Financial Reporting

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

2017 Table of Contents

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, executive officers or affiliates, or any registered or beneficial stockholder, is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

We incorporate by reference the risk factors disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended November 30, ~~2020~~2021 as filed with the SEC on ~~June~~March 16, ~~2021~~2022.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

On August 1, 2018, the Company granted 1,000,000 unregistered common shares, at $0.04 per share, valued at $40,000, to the Company’s president pursuant to a consulting agreement for annual share compensation. The Shares were issued to the Company’s president on March 18, 2021.

On February 1, 2019, the Company granted 250,000 at $0.147 per share, valued at $36,750, unregistered common shares pursuant to a consulting agreement for the former Company’s Chief Operating Officer (COO). As of ~~October~~May 2016, ~~2021~~2022, the shares have not been issued to the former COO.

On April 1, 2019, the Company granted 163,132 at $0.1226 per share, valued at $20,000, unregistered common shares as per an option agreement to explore and evaluate the battery materials in South Dakota. See Note 5. As of ~~October~~May 2016, ~~2021~~2022, the shares have not been issued to the individual.

On June 5, 2019, the Company entered into an agreement with a consultant to provide finance and accounting services to the Company. The Consultant is compensated with a combination of cash and unregistered shares of the Company’s common stock. In addition, the consultant was granted 50,000 shares of the Company’s common stock valued at $4,990 or .0998 per share. As of ~~October~~May 2016, ~~2021~~2022, the consultant has earned an aggregate of 546,224 shares valued at $15,932 or $0.0292 per share. As of ~~October~~May 2016, ~~2021~~2022, the shares have not been issued to the consultant.

On August 1, 2019, the Company granted 1,000,000 unregistered common shares, at $0.0975 per share, valued at $97,500, to the Company’s president pursuant to a consulting agreement for annual share compensation. The Shares were issued to the Company’s president on March 18, 2021.

On August 1, 2019, the Company granted 250,000 at $0.0975 per share, valued at $24,375, unregistered common shares for services to the Company for the former Company’s Chief Operating Officer (COO). As of ~~October~~May 2016, ~~2021~~2022, the shares have not been issued to the Company’s former COO.

On18 ~~October~~Table ~~8, 2019, the Company issued a stock subscription for 120,000 unregistered shares~~ of the Company’s common stock to an investor. The shares were valued at $5,980 or $0.05 per share. The subscription amount was funded on October 9, 2019. The shares were issued to the investor on April 27, 2020. The Company used the proceeds for working capital.Contents

On December 23, 2019, the Company issued a stock subscription for 912,310 unregistered shares of the Company’s common stock to an investor. The shares were valued at $45,616 or $0.05 per share. The subscription amount was funded on December 24, 2019. The shares were issued on May 21, 2021 to the investor. The Company used the proceeds for working capital.

On February 3, 2020, the Company issued a stock subscription for 2,174,545 unregistered shares of the Company’s common stock to an investor. The shares were valued at $59,800 or $0.0275 per share. The subscription amount was funded on February 7, 2020. The shares were issued on May 21, 2021 to the investor. The Company used the proceeds for working capital.

On August 1, 2020, the Company granted 1,000,000 unregistered common shares, at $0.0186 per share, valued at $18,600, to the Company’s president pursuant to a consulting agreement for annual share compensation. The shares were issued on May 21, ~~Table~~2021 ofto ~~Contents~~the Company’s president.

On ~~August~~January 111, ~~2020~~2021, the Company ~~granted~~issued 1a stock subscription for 176,~~000,000~~966 unregistered shares of the Company’s common ~~shares,~~stock atto ~~$0.0186~~pay ~~per~~a ~~share,~~past ~~valued~~due atbalance ~~$18,600,~~from toone of the Company’s ~~president~~vendors. ~~pursuant~~The toshares awere ~~consulting~~valued ~~agreement~~at ~~for~~$5,309 ~~annual~~or ~~share~~$0.03 ~~compensation~~per share. The shares were issued onto ~~May~~the ~~21,~~vendor ~~2021~~on toApril ~~the~~19, ~~Company’s president~~2021.

On ~~January~~May 1121, 2021, the Company ~~issued~~awarded ~~a stock subscription for 176~~1,~~966~~750,000 unregistered ~~shares of the Company’s~~ common ~~stock~~shares, toat ~~pay~~$0.0231 aper ~~past~~share, ~~due~~valued ~~balance~~at ~~from~~$45,425, ~~one~~to of the Company’s ~~vendors.~~former ~~The~~COO ~~shares~~as ~~were~~a ~~valued~~bonus atfor ~~$5,309~~services orto ~~$0.03~~the ~~per share~~Company. The shares were issued ~~to the vendor~~ on ~~April~~May 1921, 2021 to the Company’s former COO.

On ~~May~~August 214, 2021, the Company ~~awarded~~issued 1500,~~750,~~000 unregistered ~~common~~ shares, atof ~~$0.0231~~the ~~per~~Company’s ~~share,~~common ~~valued~~stock ~~at $45,425,~~ to the Company’s former COO as a bonus for services to the Company. The shares were ~~issued~~valued onat ~~May 21~~$10,000 ~~2021~~or to$0.02 ~~the~~per ~~Company’s former COO~~share.

On August 4, 2021, the Company issued ~~500~~5,000,000 unregistered shares of the Company’s common stock to the Company’s ~~former~~CEO ~~COO as a bonus~~ for services to the Company. The shares were valued at $10100,000 or $0.02 per share.

On August 4, 2021, the Company issued 511,~~000~~079,~~000~~939 ~~unregistered~~ shares of the Company’s common stock to ~~the~~convert ~~Company’s~~$332,398 ~~CEO~~of ~~for~~principal ~~services~~and tointerest ~~the~~or ~~Company~~$0.03 ~~The~~per ~~shares~~share ~~were~~to ~~valued~~fully atsatisfy ~~$100,000~~a orconvertible ~~$0.02~~promissory ~~per~~note ~~share~~dated August 14, 2019.

Item 3. Defaults Upon Senior Securities

~~On August 4, 2021, the Company issued 11,079,939 shares of the Company’s common stock to convert $332,398 of principal and interest or $0~~None.~~03 per share to fully satisfy a convertible promissory note dated August 14, 2019.~~

Item 34. ~~Defaults~~Mine ~~Upon~~Safety ~~Senior Securities~~Disclosures

~~None~~Not applicable.

Item 45. ~~Mine~~Other ~~Safety Disclosures~~Information

~~Not applicable~~None.

~~Item~~19 5.Table ~~Other~~of ~~Information~~Contents

None.

22 Table of Contents

Item 6. Exhibits

ExhibitNumber		Description
Exhibit Number		Description
(3)		(i) Articles of Incorporation; (ii) By-laws
3.1		Articles of Incorporation (Incorporated by reference to our Registration Statement filed on Form S-1 on February 25, 2009).
3.2		By-laws (Incorporated by reference to our Registration Statement filed on Form S-1 on February 25, 2009)
3.3		Certificate of Amendment (Incorporated by reference to our Registration Statement filed on Form S-1 on February 25, 2009).
3.4		Articles of Merger (Incorporated by reference to our Current Report filed on Form 8-K on July 15, 2010).
3.5		Certificate of Change (Incorporated by reference to our Current Report filed on Form 8-K on July 15, 2010).
3.6		Articles of Merger (Incorporated by reference to our Current Report filed on Form 8-K on June 25, 2018).
(10)		Material Contracts
10.1		2011 Stock Option Plan (incorporated by reference to our Current Report filed on Form 8-K on November 14, 2011).
10.2		Foxglove Promissory Note dated June 28, 2015 (incorporated by reference to our Quarterly Report filed on Form 10-Q on October 14, 2015).
10.3		$7,000 Convertible Promissory Note dated October 15, 2015 issued to Consorcio Empresarial Vesubio SA (incorporated by reference to our Quarterly Report filed on Form 10-Q on October 14, 2015).
10.4		Assignment Agreement dated effective August 7, 2018 between Oriental Rainbow Group Ltd. and Century Cobalt Corp. (incorporated by reference to our Current Report filed on Form 8-K on August 14, 2018).
10.5		Consulting Agreement with Alexander Stanbury, dated September 14, 2018. (Incorporated by reference to Exhibit 10.10 to our Quarterly Report filed on Form 10-Q on October 22, 2018).
10.6		Consulting Agreement with Lester Kemp, dated September 11, 2018. (Incorporated by reference to Exhibit 10.11 to our Quarterly Report filed on Form 10-Q on October 22, 2018).
10.7		On September 14, 2019, the Company entered a consulting agreement with Mathew McGahan for Business Development including other management advisory services (incorporated to our Annual Report filed on Form 10-K/A on May 11, 2021).
31.1*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer.
(32)		Section 1350 Certifications
32.1*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer.
101*		Interactive Data File
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).
101.SCH		Inline XBRL Taxonomy Extension Schema Document.
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB		Inline XBRL Taxonomy Extension Labels Linkbase Document.
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

* Filed herewith.

2320 Table of Contents

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CENTURY COBALT CORP.
	(Registrant)
Dated: October 20, 2021	By:	/s/ Alexander Stanbury
Dated: May 16, 2022	By:	/s/ Alexander Stanbury
		Alexander Stanbury
		President, Chief Executive Officer,Treasurer, Secretary and Director
		(Principal Executive Officer, Principal Financial Officerand Principal Accounting Officer)

2421

Filing Compare · Century Cobalt Corp.