Financing type:  non-brokered private placement

Gross proceeds:  $1,325,444.22

Offering:  22,090,737 listed shares with 22,090,737 warrants

Offering price:  six cents per unit

Warrant exercise terms:  10 cents per listed share for a two-year period

Commissions in securities:  1,473,902 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a two-year period.

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on March 31, 2023, announcing the closing of the private placement.