It's only that one Hong Kong investor who has been accepting Nov 2023 warrants. This, from the Apr 6 2023 "Interim financial statements/report" tells me everything I need to know about timing......
"....In connection with the additional CAD$1.7 million advanced by a relative of the Chief Executive Officer / Chairman of the Company, the Company issued a total of 1,350,000 warrants. Each warrant is exercisable at a price of $0.75 per underlying common share for a period of five years from the respective grant dates...."
(my bolding)