Exhibit 107
Calculation of Filing Fee Tables
Form S-1
(Form Type)
NovAccess Global Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
|
Security |
Security |
Fee |
Amount |
Proposed Unit (2) |
Maximum |
Fee Rate |
Amount of |
Carry |
Carry |
Carry date |
Filing Fee |
|
|
Newly Registered Securities |
||||||||||||
|
Fees to Be |
Equity |
Common stock, no par value |
457(c) (2) |
8,375,000 (3) |
$0.1226 |
$1,026,775 |
0.0000927 |
$95.18 |
||||
|
Fees to Be |
Equity |
Common stock, no par value |
457(c) (2) |
2,500,000 (4) |
$0.1226 |
$306,500 |
0.0000927 |
$28.41 |
||||
|
Fees to Be |
Equity |
Common stock, no par value |
457(c) (2) |
9,803,196 (5) |
$0.1226 |
$1,201,872 |
0.0000927 |
$111.41 |
||||
|
Fees |
- |
- |
- |
- |
- |
- |
- |
- |
||||
|
Total Offering Amounts |
$2,535,147 |
$235.01 |
||||||||||
|
Total Fees Previously Paid |
$0 |
|||||||||||
|
Total Fee Offsets |
$0 |
|||||||||||
|
Net Fee Due |
$235.01 (6) |
|||||||||||
|
(1) |
In the event of a stock split, stock dividend or similar transaction involving our common stock, the number of shares registered shall automatically be adjusted to cover the additional shares of common stock pursuant to Rule 416 under the Securities Act of 1933, as amended. |
|
(2) |
Estimated solely for the purpose of calculating the amount of the registration fee, based upon the average of the high and low prices of our common stock, as reported by the OTC Pink Market on June 16, 2022, in accordance with Rule 457(c) under the Securities Act of 1933, as amended. |
|
(3) |
Represents shares of our common stock held by selling shareholders Innovest Global, Inc. (7,500,000) and AJB Capital Investments, LLC (875,000) as described in this Registration Statement. |
|
(4) |
Represents shares of our common stock issuable upon the exercise of warrants held by selling shareholder AJB Capital Investments, LLC as described in this Registration Statement. |
|
(5) |
Represents a good faith estimate of the maximum number of shares of our common stock issuable upon the conversion of four separate convertible promissory notes held by a selling shareholders AJB Capital Investments, LLC (4,814,815) and Bountiful Capital, LLC (4,988,381) as described in this Registration Statement, assuming (i) each note is convertible at a price per share calculated pursuant to the terms of the note as of May 15, 2022, and (ii) principal outstanding and accrued interest as of May 15, 2022, without taking into account the limitations on the conversion of the notes provided for in their terms. |
|
(6) |
The filing fee of $235.01 is being paid concurrently with the filing of this Registration Statement. |