The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on June 28, 2023.

Number of shares:  3,017,500 shares

Purchase price:  32 cents per share

Warrants:  3,017,500 share purchase warrants to purchase 3,017,500 shares

Warrant exercise price:  50 cents for a three-year period, subject to accelerated expiry

Number of placees:  26 placees

Total existing insider involvement:  145,000 (two insiders)

Finder's fee:  $47,712 cash and 149,100 warrants

Finder's warrant 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 Sept. 29, 2023, and July 26, 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.