The TSX Venture Exchange has consented to the extension in the expiry date of warrants.

Private placement

Number of warrants:   3,840,166

Original expiry date of warrants:   Dec. 28, 2024 (as to 1,448,500 warrants); Jan. 31, 2025 (as to 2,391,666 warrants)

New expiry date of warrants:   Dec. 28, 2025 (as to 1,448,500 warrants); Jan. 31, 2026 (as to 2,391,666 warrants)

Exercise price of warrants:   20 cents (unchanged)

These warrants were issued pursuant to a private placement of 3,840,166 shares with 3,840,166 share purchase warrants attached, which was accepted for filing by the exchange effective Feb. 8, 2023.