The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 4, 2023.

Number of shares:  28,571,429 shares

Purchase price:  21 cents per share

Warrants:  14,285,715 share purchase warrants to purchase 14,285,715 shares

Warrant exercise price:  25 cents for a two-year period, subject to acceleration

Number of placees:  13 placees

Total existing insider involvement:  23,107,144 (five insiders)

The company issued a news release on May 12, 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.