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

Number of shares:  12.5 million shares

Purchase price:  10 cents per share

Warrants:  187,500 share purchase warrants to purchase 187,500 shares

Warrant exercise price:  15 cents for a two-year period

Number of placees:  one placee

Aggregate existing insider involvement:  one insider, 12.5 million shares

The company issued a news release on March 8, 2023, confirming closing of the private placement.