The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 16, 2023.

Number of units:  4,166,667 units in the capital of the company; each unit consist of one common share in the capital of the company and one-half of one common share purchase warrant

Purchase price:  12 cents per unit

Warrants:  2,083,333 whole share purchase warrants to purchase 2,083,333 shares

Warrant exercise price:   18 cents for a one-year period

Number of placees:   13 placees

Aggregate existing insider involvement:  two placees, 441,667 units

Aggregate pro group involvement:   three groups, 725,000 units

The company issued a news release on May 16, 2023, confirming closing of the private placement.