The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 17, 2023.

Number of shares:  6.25 million shares

Purchase price:  40 cents per share

Warrants:  3,125,000 share purchase warrants to purchase 3,125,000 shares

Warrant exercise price:  50 cents for a two-year period

Number of placees:  two placees

Aggregate existing insider involvement:  one insider, 1.25 million shares

The company issued a news release on May 25, 2023, and July 13, 2023, confirming closing of the private placement.