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

Qualifying transaction private placement

Number of warrants:  5,622,600

Original expiry date of warrants:  May 19, 2024

New expiry date of warrants:  May 19, 2026

Forced exercise provision:  If the closing price for the company's shares is 25 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants from the date starting seven calendar days after the 10th consecutive trading day; otherwise the warrants will expire on the 31st day.

Original exercise price of warrants:  40 cents

New exercise price of warrants:  20 cents

These warrants were issued pursuant to a qualifying transaction private placement of 11,245,200 shares with 5,622,600 share purchase warrants attached, which was accepted for filing by the exchange effective May 20, 2022.