The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on June 23, 2023.

Number of shares:  9,962,500 shares

Purchase price:  eight cents per share

Warrants:  9,962,500 share purchase warrants to purchase 9,962,500 shares

Warrant exercise price:  12 cents for a two-year-and-six-month period

Number of placees:  12 placees

Finder's fee:  $36,200 cash and 452,500 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 12 cents for period of two years and six months from the date of issuance.

The company issued news releases on July 20,2023, and Sept. 5, 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.