The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 15, 2023, and Dec. 20, 2023.

Flow-through

Number of shares:  2.4 million flow-through shares

Purchase price:  six cents per flow-through share

Warrants:  2.4 million share purchase warrants to purchase 2.4 million shares

Warrant exercise price:  eight cents for a five-year period

Non-flow-through

Number of shares:  1,266,667 non-flow-through shares

Purchase price:  six cents per non-flow-through share

Warrants:  1,266,666 share purchase warrants to purchase 1,266,666 shares

Warrant exercise price:  eight cents for a five-year period

Number of placees:  13 placees

Total existing insider involvement:  333,334 (two insiders)

The company issued a news release on Dec. 28, 2023, confirming the closing of the private placement.