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

Number of shares:   41,775,000 shares

Purchase price:  three cents per share

Warrants:  20,887,500 share purchase warrants to purchase 20,887,500 shares

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

Number of placees:  13 placees

Aggregate existing insider involvement:  one insider, 500,000 shares

Aggregate pro group involvement:  two groups, four million shares

Finder's fee:  $57,050, 2,716,667 warrants

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

The company issued a news release on Nov. 15, 2023, confirming closing of the private placement.