The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 11, 2023.

Number of shares:  7,521,578 shares

Purchase price:  30 cents per share

Warrants:  7,521,578 share purchase warrants to purchase 7,521,578 shares

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

Number of placees:  40 placees

Aggregate existing insider involvement:  three insiders, 209,512 shares

Finder's fee:  $119,329, 397,765 warrants

Finder's warrants terms:   Each warrant entitles the holder to purchase one common share at the price of 50 cents for a period of three years from the date of issuance.

The company issued a news release on Dec. 29, 2023, and Feb. 26, 2024, confirming closing of the private placement. Additionally, the company issued a news release announcing an extension of the private placement on Jan. 25, 2024.