The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on Feb. 13, 2023.

Number of shares:  8,823,530 units; each unit consists of one common share of the company and one-half of one common share purchase warrant

Purchase price:  85 cents per unit

Warrants:  4,411,764 share purchase warrants to purchase 4,411,764 common shares

Warrant exercise price:  $1.25 per common share at any time on or before March 9, 2026

Number of placees:  50 placees

Underwriters' fee:  $450,000.03, 264,705 broker warrants

Broker warrants terms:  Each broker warrant entitles the holder to purchase one common share at an exercise price of 85 cents at any time on or before March 9, 2026.

The company issued a news release on March 9, 2023, confirming closing of the private placement.