The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on June 5, 2023.

Non-insider units

Number of shares:  3,366,071 shares

Purchase price:  5.6 cents per share

Warrants:  3,366,071 share purchase warrants to purchase 3,366,071 shares

Warrant exercise price:  7.5 cents for a one-year period

Insider units

Number of shares:  3,035,712 shares

Purchase price:  5.6 cents per share

Warrants:  1,517,856 share purchase warrants to purchase 1,517,856 shares

Warrant exercise price:  7.5 cents for a one-year period

Number of placees:  21 placees

Total existing insider involvement:  3,035,712 (five insiders)

The company issued a news release June 15, 2023, confirming the closing of the private placement.