The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Jan. 23, 2024.

Charitable federal flow-through (FFT) units

Number of shares:  4,779,460 federal flow-through shares

Purchase price:  32 cents per FFT share

Warrants:  2,389,730 share purchase warrants to purchase 2,389,730 shares

Warrant exercise price:  36 cents for a two-year period

Charitable Saskatchewan flow-through (SFT) units

Number of shares:  4,248,318 Saskatchewan flow-through shares

Purchase price:  36 cents per SFT share

Warrants:  2,124,159 share purchase warrants to purchase 2,124,159 shares

Warrant exercise price:  36 cents for a two-year period

Non-flow-through (NFT) units

Number of shares:  3,750,001 non-flow-through shares

Purchase price:  22 cents per NFT share

Warrants:  1,875,000 share purchase warrants to purchase 1,875,000 shares

Warrant exercise price:  36 cents for a two-year period

Number of placees:  29 placees

Total pro group involvement:  75,000 NFT (two pro groups); 976,000 FFT (seven pro groups)

Finder's fee:  $196,696 cash and 805,194 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 22 cents for period of two years from the date of issuance.

Advisory fee:  100,000 shares

The company issued a news release on Feb. 8, 2024, 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.