The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 10, 2023.

Number of shares:  384,616 flow-through (FT) units (Each FT unit consists of one flow-through common share and one-half of one common share purchase warrant.); 1.5 million common share units (Each unit consists of one common share and one common share purchase warrant.)

Purchase price:  6.5 cents per FT unit and five cents per unit

FT warrants:  192,308 FT warrants to purchase 192,308 common shares

Warrants:  1.5 million warrants to purchase 1.5 million common shares

FT warrant price:  12.5 cents per common share, exercisable for a period of two years from the date of issuance

Warrant price:  10 cents per common share, exercisable for a period of two years from the date of issuance

Number of placees:  two placees

The company issued news releases on April 10, 2023, and May 23, 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.