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

Number of shares:  6,055,000 units

Purchase price:  five cents per unit

Warrants:  6,055,000 share purchase warrants to purchase 6,055,000 shares

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

Number of placees:  eight placees

Total existing insider involvement:  500,000 (one insider)

Finder's fee:  $14,900 cash and 298,000 warrants

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

The company issued a news release on May 4, 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.