The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Nov. 21, 2023.

Number of shares:  9,047,617 flow-through (FT) units (Each FT unit consists of one common share and one-half common share purchase warrant.)

Purchase price:  10.5 cents per FT unit

Warrants:  4,523,809 share purchase warrants to purchase 4,523,809 common shares

Warrant exercise price:  14 cents per common share for a two-year period

Number of placees:  five placees

Total existing insider involvement:  428,571 (two insiders)

Finder's fee:  $53,100 cash and 420,000 warrants

Finder's warrant terms:  Each finder's warrant entitles the holder to purchase one common share at the price of 14 cents for a period of two years from the date of issuance.

The company issued news releases on Dec. 12, 2023, and Dec. 20, 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.