Item 1.01 Entry into a Material Definitive Agreement.

On December 30, 2021, NovAccess Global Inc. ("NovAccess" or the "company") obtained a $25,000 loan from each of Dwain K. Morris-Irvin, the company's chief executive officer, Neil J. Laird, the company's chief financial officer, and Amit Mulchandani, chief executive officer of Letzhangout, LLC, a company that provides accounting consulting services to NovAccess (collectively, the "Loans"). NovAccess issued to each of Messrs. Irvin, Laird and Mulchandani a demand promissory note for $25,000 evidencing the Loans (Collectively, the "Notes"). The Notes are due on demand and bear interest at 10% per year. NovAccess will use the $75,000 proceeds of the Loans to retire the loan from Power Up Lending Group Ltd. and for general working capital purposes.

A form of the Note is filed as an exhibit to this Current Report on Form 8-K. The description above is qualified in its entirety by reference to the full text of the Note.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure included under Item 1.01 above is incorporated by reference to this Item 2.03.

Item 9.01 Financial Statements and Exhibits.





Exhibit
Number    Description
10.1        Form of Demand
          Promissory Note
          dated December 30,
          2021 in the
          original principal
          amount of $25,000
          issued by NovAccess
          Global Inc. to each
          of Dwain K.
          Morris-Irvin, Neil
          J. Laird, and Amit
          Mulchandani.
104       Cover Page
          Interactive Data
          File (formatted as
          Inline
          XBRL)

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