Effective May 4, 2023, the company filed a prospectus supplement to the company's short form base shelf prospectus dated April 27, 2021. The prospectus supplement was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by each of the provinces and territories of Canada securities commissions, other than Quebec, pursuant to the applicable securities acts in each of the provinces and territories of Canada, other than Quebec. The short form base shelf prospectus was filed with and receipted in all provinces and territories of Canada.

The TSX Venture Exchange has been advised that closing occurred on May 10, 2023, for gross proceeds of $4,524,250.

Agents:  Research Capital Corp. and Canaccord Genuity Corp.

Offering:  18,097,000 units (Each unit consists of one share and one-half of one share purchase warrant. Each full warrant is exercisable into one common share.)

Unit price:  25 cents per unit

Warrant exercise price/term:  35 cents per share for two years from closing

Agents' warrants:  1,085,820 non-transferable warrants exercisable to purchase one share at 25 cents per share for two years from closing

The agents were also paid a $271,455 cash commission from the gross proceeds of the offering.