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

Number of shares:  10,744,680 common shares

Purchase price:  23.5 cents per share

Warrants:  10,744,680 share purchase warrants to purchase 10,744,680 shares

Warrant exercise price:  35 cents for a two-year period

Number of placees:  five placees

Total existing insider involvement:  5,319,150 (three insiders)

The company issued a news release on June 19, 2023, confirming the closing of the private placement. 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.