The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 1, 2023.
Number of shares: two million shares
Purchase price: three cents per share
Warrants: two million share purchase warrants to purchase two million shares
Warrant purchase price: five cents in one-year period; 10 cents in the second year
Number of placees: one placee
Total pro group involvement: two million (one pro group)
Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on June 13, 2023, announcing the closing of the private placement.
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