Certive Solutions Inc. — Regulatory Filings 2022

Dec 10, 2022

FORM 13-502F1
CLASS 1 AND CLASS 3B REPORTING ISSUERS – PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, Tim Hyland, an officer of the reporting issuer noted below have examined this Form 13-502F1 (the Form) being submitted hereunder to the Ontario Securities Commission and certify that to my knowledge, having exercised reasonable diligence, the information provided in the Form is complete and accurate.

(s) Tim Hyland, CFO
Name:
Title:
December 9, 2022
Date:

Reporting Issuer Name: Certive Solutions Inc.
End date of previous financial year: May 31, 2022
Type of Reporting Issuer: ☑ Class 1 reporting issuer ☐ Class 3B reporting issuer
Highest Trading Marketplace: Canadian Securities Exchange
(refer to the definition of “highest trading marketplace” under OSC Rule 13-502 Fees)

Market value of listed or quoted equity securities:
(in Canadian Dollars - refer to section 7.1 of OSC Rule 13-502 Fees)

Equity Symbol

1st Specified Trading Period (dd/mm/yy)
(refer to the definition of “specified trading period” under OSC Rule 13-502 Fees)

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

CBP:CNSX
June 1, 2021 to August 31, 2021
$ .05 (i)
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period
144,404,692 (ii)
(i) x (ii) $ 7,220,234 (A)

2nd Specified Trading Period (dd/mm/yy)
(refer to the definition of “specified trading period” under OSC Rule 13-502 Fees)

September 1, 2021 to November 30, 2021

---

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

$ .065 (iii)

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period

144,404,692 (iv)

Market value of class or series

(iii) x (iv) $ 9,386,304 (B)

3rd Specified Trading Period (dd/mm/yy)

(refer to the definition of “specified trading period” under OSC Rule 13-502 Fees)

December 1, 2021 to February 28, 2022

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

$ .09 (v)

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period

148,366,719 (vi)

Market value of class or series

(v) x (vi) $ 13,353,004 (C)

4th Specified Trading Period (dd/mm/yy)

(refer to the definition of “specified trading period” under OSC Rule 13-502 Fees)

March 1, 2022 to May 31, 2022

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

.07 (vii)

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period

159,424,033 (viii)

Market value of class or series

(vii) x (viii) $ 11,159,682 (D)

5th Specified Trading Period (dd/mm/yy)

(if applicable - refer to the definition of “specified trading period” under OSC Rule 13-502 Fees)

to

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

$ (ix)

Number of securities in the class or series of such

(x)

---

security outstanding at the end of the last trading day of the specified trading period

Market value of class or series

(ix) x (x) $ ___ (E)

Average Market Value of Class or Series

(Calculate the simple average of the market value of the class or series of security for each applicable specified trading period (i.e. A through E above))

$10,279,806 (1)

(Repeat the above calculation for each other class or series of equity securities of the reporting issuer (and a subsidiary pursuant to paragraph 2.8(1)(c) of OSC Rule 13-502 Fees, if applicable) that was listed or quoted on a marketplace at the end of the previous financial year)

Fair value of outstanding debt securities:

(See paragraph 2.8(1)(b), and if applicable, paragraph 2.8(1)(c) of OSC Rule 13-502 Fees)

$0 (2)

(Provide details of how value was determined)

Capitalization for the previous financial year

(1) + (2) $10,279,806

Participation Fee

$1,070

(For Class 1 reporting issuers, from Appendix A of OSC Rule 13-502 Fees, select the participation fee)

(For Class 3B reporting issuers, from Appendix A.1 of OSC Rule 13-502 Fees, select the participation fee)

Late Fee, if applicable

(As determined under section 2.7 of OSC Rule 13-502 Fees)

$5000

Total Fee Payable

(Participation Fee plus Late Fee)

$6070