The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 14, 2023.

Number of shares:  9.04 million non-flow-through common shares and 10,636,500 flow-through common shares

Purchase price:  five cents per non-flow-through common share and 5.5 cents per flow-through common share

Warrants:  9,838,250 common share purchase warrants to purchase 9,838,250 common shares

Warrant exercise price:  eight cents for a period of two years

Number of placees:  seven placees

Total existing insider involvement:  8.5 million (one insider)

Finder's fee:  $41,250.45 cash and 518,190 warrants

Finder's warrant terms:  Each finder's warrant entitles the holder to purchase one common share at the price of 5.5 cents for a period of two years from the date of issuance.

The company issued a news release on Dec. 29, 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.