The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Nov. 1, 2023.

Number of shares:  3,483,668 common shares

Purchase price:  12 cents per share

Warrants:  3,483,668 common share purchase warrants to purchase 3,483,668 shares

Warrant exercise price:  20 cents for a two-year period from the date of issuance

Number of placees:  eight placees

Total existing insider involvement:  866,667 (two insiders)

Finder's fee:  $3,780 cash and 31,500 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 20 cents for period of two years from the date of issuance.

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on Nov. 1, 2023, announcing the closing of the private placement and setting out the expiry dates of the hold periods.

Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.