Convertible Debentures Payable (Tables)

6 Months Ended

Aug. 31, 2021

Round	Issue Date		Maturity Date		Interest Rate			Conversion Price		Principal Amount		Debt Discount			Debentures, net of Debt Discount
Outstanding as of February 29, 2020:
I		May 27, 2016		December 31, 2023		8	%	$	0.16	$	3,500,000	$	3,500,000
II		Aug 16, 2016		December 31, 2023		8	%	$	0.16		200,000		199,999
		Aug 16, 2016		December 31, 2023		8	%	$	0.16		250,000		250,000
III		Dec 30, 2016		December 31, 2023		8	%	$	0.16		287,500		237,587
IV		Feb 15, 2017		December 31, 2023		8	%	$	0.16		1,000,000		1,000,000
V		Mar 31,2017		December 31, 2023		8	%	$	0.20		200,000		200,000
VI		Jul 5, 2017		December 31, 2023		8	%	$	0.20		137,500		137,500
		Jul 5, 2017		December 31, 2023		8	%	$	0.16		150,000		150,000
VII		Sept 19, 2017		December 31, 2023		8	%	$	0.16		400,000		400,000
		Sept 19, 2017		December 31, 2023		8	%	$	0.16		100,000		82,125
VIII		Oct 10, 2017		December 31, 2023		8	%	$	0.20		137,500		72,806
IX		Jan 3, 2018		December 31, 2023		8	%	$	0.20		137,500		137,500
X		April 2, 2018		December 31, 2023		8	%	$	0.20		137,500		137,500
XI		May 16, 2018		December 31, 2023		8	%	$	0.20		212,500		212,500

Debt discount from warrant grant from debt modification													942,812

Amortized discount as of February 28, 2021													(6,204,925	)
Balance as of February 28, 2021											6,850,000		1,455,404		$	5,394,596
Activity for the six months ended August 31, 2021:
Amortization of discount for the six months ended August 31, 2021													(215,985	)
Balance as of August 31, 2021										$	6,850,000	$	1,239,419		$	5,610,581

Discovery Energy Corp. 10-Q