The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 18, 2023, and increased on Dec. 20, 2023.

Number of shares:  75,000,851 shares

Purchase price:  four cents per share

Warrants:   75,000,851 share purchase warrants to purchase 75,000,851 shares

Warrant exercise price:  six cents for a two-year period

Aggregate existing insider involvement:  five insiders, 19,035,851 shares

Aggregate pro group involvement:  five groups, 5.6 million shares

Finder's fee:   $116,284, 3,339,100 warrants

Finders' warrants terms:   Each non-transferable warrant entitles the holder to purchase one common share at the price of six cents for a period of two years from the date of issuance.

The company issued news releases on Nov. 6, 2023, and Jan. 15, 2024, confirming closing of the private placement.