The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered and brokered private placement announced May 11, 2022.

Non-brokered

Number of shares:  1.5 million shares

Purchase price:  60 cents per share

Warrants:  1.5 million share purchase warrants to purchase 1.5 million shares

Warrant exercise price:  85 cents for a one-year period

Brokered

Number of shares:  2.5 million shares

Purchase price:  60 cents per share

Warrants:  2.5 million share purchase warrants to purchase 2.5 million shares

Warrant exercise price:  85 cents for a one-year period

Number of placees:  two placees

Agent's fee:  $144,000 and 240,000 broker warrants payable to Cormark Securities Inc. (Each broker warrant entitles its holder to acquire one common share of the company at a price of 85 cents for a 12-month period.)