The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on July 27, 2022.

Number of shares:  98,304,612 shares

Purchase price:  five Australian cents per share

Warrants:  98,304,612 share purchase warrants to purchase 98,304,612 shares

Warrant exercise price:  7.5 Australian cents for a three-year period

Number of placees:  820 placees

Total existing insider involvement:  2.68 million (two placees)

Finder's fee:  $147,003 (Australian)

The company issued news releases on Aug. 26, 2022, Sept. 1, 2022, and Sept. 16, 2022, confirming the closing of the private placement.