The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 21, 2020.

Number of shares:  25,641,902 shares

Purchase price:  15.5 cents per share

Warrants:  12,820,951 share purchase warrants to purchase 12,820,951 shares

Warrant exercise price:  25 cents for a two-year period, subject to acceleration (If the closing price of the company's shares equals or exceeds 35 cents per share for 20 consecutive trading days after the expiry of the hold period, the company may give notice that the warrants will expire 30 calendars days after such notice.)

Number of placees:  84 placees

Insiders:  Blueberry Capital Corp. (James Anderson), 150,000; Myrmikan Gold Fund LLC (Daniel Olver), two million

Total pro group involvement:  164,516 (two placees)

Finders' fees:  Aligned Capital Partners Inc. receives 69,999 shares and 67,741 non-transferable warrants. Canaccord Genuity Corp. receives $24,195.50 and 156,100 non-transferable warrants. Echelon Wealth Partners Inc. receives 144,666 and 196,000 non-transferable warrants. Haywood Securities Inc. receives $1,790.25 and 11,500 non-transferable warrants. IBK Capital Corp. receives $21,700 and 140,000 non-transferable warrants. Leede Jones Gable Inc. receives $10,763.20 and 69,440 non-transferable warrants. Mackie Research Capital Corp. receives $24,130.40 and 155,680 non-transferable warrants. PI Financial Corp. receives $3,472.00 and 22,400 non-transferable warrants. Each non-transferable warrant is exercisable for one share at a price of 25 cents for a 24-month period subject to acceleration as above.