The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 20, 2023.

Number of shares:  8.5 million flow-through shares

Purchase price:  19 cents per flow-through share

Warrants:  8.5 million share purchase warrants to purchase 8.5 million shares

Warrant exercise price:  18 cents for a five-year period from the date of issuance

Number of placees:  seven placees

Total pro group involvement:  203,343 (one pro group)

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on Dec. 20, 2023, announcing the closing of the private placement and setting out the expiry dates of the hold period.

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.