The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Nov. 8, 2023, Dec. 5, 2023, and Dec. 27, 2023.

Number of shares:  5,678,260 shares

Purchase price:  23 cents per share

Warrants:  5,678,260 share purchase warrants to purchase 5,678,260 shares

Warrant exercise price:  30 cents for a five-year period

Number of placees:  one placee

Total existing insider involvement:  5,678,260 (one insider)

Agents' fees:  Paradigm Capital Inc., $15,672 cash and 68,139 broker's warrants; Red Cloud Securities Inc., $15,672 cash and 68,139 broker's warrants; Beacon Securities Ltd., $7,836 cash and 34,070 broker's warrants

Broker warrant terms:  Each broker warrant entitles the holder to purchase one common share at the price of 23 cents per share for period of two years from the date of issuance.

Finder's fee:  $52,240

The company issued a news release on Jan. 4, 2024, confirming the closing of the private placement.