The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 5, 2023.

Number of shares:  1.87 million shares

Purchase price:  $1.50 per share

Warrants:  935,000 share purchase warrants to purchase 935,000 shares

Warrant exercise price:  $2 for a one-year period

Number of placees:  four placees

Finder's fee:  $110,700 cash and 73,800 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of $2 for a period of one year from the date of issuance.

The company issued news releases on Oct. 13, 2023, Oct. 20, 2023, and Oct. 30, 2023, confirming the closing of the private placement. Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.