The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 11, 2022.

Convertible debenture:  $1.68-million (Each convertible debenture note consists of $1,000 principal amount, convertible into common shares of the company at a conversion price of $1.60.)

Conversion price:  convertible into shares at a price per share equal to $1.60 of principal until maturity

Maturity date:  24 months from April 21, 2022

Detachable warrants:  Each of the 525,840 warrants will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $1.60 over a two-year period.

Interest rate:  10 per cent per annum

Number of placees:  53 placees

Total pro group involvement:  15 convertible debenture notes and 4,695 detachable warrants (one placee)

Finders' fees:  $6,580 and 4,113 finder's warrants, payable to Aligned Capital Partners Inc.; $110,950 and 69,344 finder's warrants, payable to Echelon Wealth Partners Inc. (Each finder's warrant may be exercised at $1.60 per share for a two-year period.)