The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Jan. 12, 2024, and Jan. 24, 2024.

Number of shares:  15,220,303 shares

Purchase price:  10 cents per share

Warrants:  7,610,152 share purchase warrants to purchase 7,610,152 shares

Warrant exercise price:  15 cents for a one-year period

Number of placees:  11 placees

Finder's fee:  $60,000 (Australian) and $4,500 (Canadian), and 440,000 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 15 cents for a one-year period.

The company issued a news release on March 1, 2024, and March 5, 2024, 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.