The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Jan. 26, 2024.

Number of shares:  10 million shares

Purchase price:  seven cents per share

Warrants:  five million share purchase warrants to purchase five million shares

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

Number of placees:  14 placees

Total existing insider involvement:  4.3 million (one insider)

Total pro group involvement:  2.27 million (four pro groups)

Finder's fee:  $17,640 cash and 251,999 warrants

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

The company issued a news release on Feb. 6, 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.