The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 3, 2023.

Number of shares:  3,633,335 shares

Purchase price:  15 cents per share

Warrants:  1,816,668 share purchase warrants to purchase 1,816,668 shares

Warrant exercise price:  20 cents for a two-year period

Number of placees:  nine placees

Total pro group involvement:  900,000 (six pro groups)

Finder's fee:  $6,750 cash and 45,000 warrants

Finder's warrant terms:  Each non-transferable warrant entitles the holder to purchase one common share at the price of 20 cents for period of one year from the date of issuance.

The company issued a news release on Nov. 17, 2023, 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.