The TSX Venture Exchange has consented to the extension in the expiry date and the reduction in the exercise price of the following warrants.

Number of warrants:  4,354,667

Original expiry date of warrants:  May 3, 2025

New expiry date of warrants:  May 3, 2027

Forced exercise provision:  If the closing price for the company's shares is 15 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants, beginning no more than seven calendar days after the 10th consecutive trading day; otherwise the warrants will expire on the 31st day.

Original exercise price of warrants:  32 cents

New exercise price of warrants:  12 cents

These warrants were issued pursuant to a private placement of 4,354,667 common shares with 4,354,667 common share purchase warrants attached. The private placement was accepted for filing by the exchange effective May 31, 2022.

For more information, please refer to the company's new release dated March 25, 2025.