The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 20, 2024, and increased on April 4, 2024.

Number of shares:  2,692,269 shares

Purchase price:  40 cents per share

Warrants:  2,692,269 share purchase warrants to purchase 2,692,269 shares

Warrant exercise price:  60 cents for a one-year period

Number of placees:  19 placees

Total existing insider involvement:  750,000 (one insider)

Total pro group involvement:  800,000 (five pro groups)

Finder's fee:  $37,380 cash and 93,450 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 60 cents for period of one year from the date of issuance.

The company issued news releases on April 10, 2024, and April 17, 2024, 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.