The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 21, 2024.

Number of shares:  9,348,086 variable voting shares

Purchase price:  70 cents per variable voting share

Warrants:  9,348,086 variable voting share purchase warrants to purchase 9,348,086 variable voting shares

Warrant exercise price:  $1 per variable voting share for a period of 36 months

Number of placees:  84 placees

Total existing insider involvement:  1,107,143 variable voting shares (three insiders)

Total pro group involvement:  402,857 variable voting shares (three pro groups)

Finder's fee:  $110,946.80 cash and 158,495 finder's warrants

Financial advisory fee:  $40,000

Finder's warrant terms:  Each finder's warrant entitles the holder to purchase one variable voting share at the price of $1 for a period of 36 months.

The company issued a news release on March 28, 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.