Financing type:  non-brokered private placement

Offering  :$200,000 (U.S.) principal amount of convertible debenture, convertible into 1,813,333 listed shares

Conversion price:  15 Canadian cents per listed share

Maturity date:  March 17, 2024

Interest rate:  10 per cent per annum

Disclosure:  Refer to the company's news release dated Dec. 20, 2023.