The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

Number of units:  9,090,909 units

Purchase price:  15 Canadian cents (11 U.S. cents) per unit

Warrants:  9,090,909 share purchase warrants to purchase 9,090,909 shares

Warrant exercise price:  20 cents for a three-year period

Number of placees:  one placee

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on Feb. 28, 2024, announcing the closing of the private placement.