The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 14, 2020.

Number of shares:  15,632,000 shares

Purchase price:  eight cents per share

Warrants:  15,632,000 share purchase warrants to purchase 15,632,000 shares

Warrant initial exercise price:  15 cents

Warrant term to expiry:  one year

Number of placees:  27 placees

Insiders:  1113272 B.C. Ltd. (Ronald Coombes), 1.25 million; Scott Davis, 500,000; Rodger Young, 1.25 million

Finders' fees:  Canaccord Genuity Corp., $2,080 cash and 19,500 warrants; Mackie Research Capital Corp., $7,680 cash and 72,000 warrants; Echelon Wealth Partners, $640 cash; Jutland Capital Management Ltd., $2,800 cash and 26,250 warrants; Kurt Zoost, 225,000 warrants; PI Financial Corp., $14,400 cash and 135,000 warrants

Finder's warrant initial exercise price:  15 cents

Finder's warrant term to expiry:  12 months

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.