The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

Number of shares:  24,333,333 common shares

Purchase price:  three cents per common share

Warrants:  24,333,333 common share purchase warrants to purchase 24,333,333 common shares

Warrant exercise price:  five cents per common share for a period of 36 months

Number of placees:  five placees

Total existing insider involvement:  6,666,666 (three insiders)

The company issued a news release on Aug. 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.