The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 26, 2023.

Number of shares:  500,000 common shares and 5,030,667 flow-through shares

Purchase price:  five cents per common share and six cents per flow-through share

Warrants:  500,000 common share purchase warrants to purchase 500,000 common shares and 2,515,333 flow-through share purchase warrants to purchase 2,515,333 common shares

Warrant exercise price:  eight cents per common share purchase warrant share for a period of three years and eight cents per flow-through purchase warrant share for a period of two years

Number of placees:  eight placees

Total pro group involvement:  250,000 flow-through shares (one pro group)

Finder's fee:  $18,200 cash and 60,000 finder's warrants

Finder's warrant terms:  Of the 60,000 finder's warrants, each of the 40,000 finder's warrants entitles the holder to purchase one common share at the price of eight cents until Oct. 25, 2026, and each of the other 20,000 finder's warrants entitles the holder to purchase one common share at the price of eight cents until Oct. 25, 2025.

The company issued a news release on Oct. 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.