The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 6, 2020.

Convertible debenture:  $200,000 principal amount of secured convertible debentures

Conversion price:  convertible into units, each consisting of one common share and one common share purchase warrant, on a postconsolidation basis and pursuant to the underlying terms of the note purchase agreement, at five cents per unit of principal and interest outstanding in year 1, and thereafter at 10 cents in year 2

Maturity date:  two years from the date of issuance

Warrants:  4.96 million share purchase warrants (Each warrant will have a term of two years from the date of issuance and will entitle the holder to purchase one common share. The warrants are exercisable at the greater of: (i) the price of the company's share at the next private placement; (ii) the conversion or exercise price, as applicable, per the next convertible security offering; or (iii) five cents.)

Interest rate:  24 per cent per annum, payable on maturity

Number of placees:  10 placees

Insider/pro group participation:  none

Finder's fee:  none