The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 6, 2023.

Number of shares:  6,712,500 units

Purchase price:  eight cents per unit

Warrants:  6,712,500 share purchase warrants to purchase 6,712,500 shares

Warrant exercise price:  16 cents for a three-year period

Number of placees:  16 placees

Total existing insider involvement:  one million (two insiders)

The company issued news releases on March 30, 2023, April 24, 2023, and June 13, 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.