The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

Number of units:  23,157,692 units

Purchase price:  6.5 cents per unit

Warrants:  23,157,692 share purchase warrants to purchase 23,157,692 shares

Warrant exercise price:  10 cents for a three-year period

Number of placees:  14 placees

Total existing insider involvement:  69,230 (one insider)

Finder's fee:  1,346,154 shares and 1,346,154 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one unit at the price of 10 cents per unit for a period of three years from the date of issuance.

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on May 28, 2024, announcing the closing of the private placement.