The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 12, 2023, and April 27, 2023.

Number of shares:  32,985,467 shares

Purchase price:  25 cents per share

Warrants:  16,492,733 share purchase warrants to purchase 16,492,733 shares

Warrant exercise price:  35 cents for a two-year period

Number of placees:  179 placees

Total existing insider involvement:  4.26 million (four insiders)

Total pro group involvement:  425,000 (three pro groups)

Finder's fee:  $328,782.50 cash, 57,400 shares and 200,410 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 35 cents for period of two years from the date of issuance.

The company issued news releases on May 4, 2023, May 15, 2023, and June 20, 2023, confirming the closing of the private placement. 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.