Effective Oct. 13, 2023, the company's prospectus supplement dated Oct. 2, 2023, was filed with and accepted by TSX Venture Exchange. The short form base shelf prospectus dated April 3, 2023, was filed with and receipted by the British Columbia Securities Commission and the authorities of all provinces and territories of Canada, except Quebec.

The TSX Venture Exchange has been advised that closing occurred on Oct. 5, 2023, for gross proceeds of $9.52-million.

Offering:   27.22 million units; each unit consisting of one common share and one common share purchase warrant

Unit price:  35 cents per unit

Warrant exercise price/term:  Each warrant will be exercisable into one common share at an exercise price of 42 cents for a period of five years from closing.

Underwriter:  BMO Nesbitt Burns Inc.

Underwriter's commission:  BMO Nesbitt Burns Inc. -- $571,200 cash

Overallotment option:  The underwriter has notified the company that it has elected not to exercise any of their overallotment option and it will expire.

For further details, please refer to the company's news releases dated Sept. 28, 2023, Oct. 5, 2023, and Oct. 12, 2023, and the prospectus supplement dated Oct. 2, 2023, which have been filed on SEDAR+.