The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 22, 2024.

Convertible debenture:  $1-million (U.S.)

Conversion price:  convertible into common shares at $4.40 (U.S.) per share for the principal amount outstanding

Maturity date:  Aug. 31, 2025

Interest rate:  7 per cent per annum

Number of placees:  one placee

Total existing insider involvement:  $1-million (U.S.) (one insider)

The company issued a news release on March 22, 2024, confirming the closing of the private placement.