The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on Dec. 6, 2022.

Number of shares: 2,666,667 Quebec charity flow-through shares and 5,357,143 national charity flow-through shares  

Purchase price:  75 cents per Quebec charity flow-through share and 56 cents per national charity flow-through share

Warrants:  1,333,333 Quebec charity flow-through share purchase warrants to purchase 1,333,333 common shares and 2,678,572 national charity flow-through share purchase warrants to purchase 2,678,572 common shares

Warrant exercise price:   75 cents per common share for a period of 36 months

Number of placees:  25 placees

Insider/pro group participation:   nil

Agent's fee:  Red Cloud Securities Inc. acted as broker for this private placement and received an aggregate cash amount of $350,000.02 for their services.

The company issued a news release on Dec. 22, 2022, confirming closing of the private placement.