The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 28, 2023, and Aug. 11, 2023.

Convertible debenture:  $22.4-million (U.S.) ($30,266,161 (Canadian))

Conversion price:  convertible into 33,629,068 common shares at a price of 90 Canadian cents (0.525 pound sterling)

Maturity date:  Sept. 1, 2027

Interest rate:  5 per cent per annum

Number of placees:  three placees

Total existing insider involvement:  3,603,115 (one insider)

The company issued a news release on Sept. 1, 2023, confirming the closing of the private placement.