The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement and non-brokered private placement announced Sept. 25, 2023.

Number of brokered NFT (non-flow-through) units:  3,703,749 non-flow-through units; each NFT unit consists of one non-flow-through common share of the company and one-half non-flow-through common share purchase warrant (each whole common share purchase warrant, a NFT warrant)

Number of brokered FT units:  5,208,333 flow-through units; each FT unit consists of one flow-through common share of the company and one-half flow-through common share purchase warrant

Number of brokered charity FT units:   10 million charity flow-through units; each charity FT unit consists of one flow-through common share of the company and one-half flow-through common share purchase warrant

Number of non-brokered FT units:  1,386,183 flow-through units; each FT unit consists of one flow-through common share of the company and one-half flow-through common share purchase warrant

Purchase price:  40.5 cents per NFT unit; 48 cents per FT unit; 60 cents per charity FT unit

Warrants:   1,851,875 whole NFT warrants to purchase; 1,851,875 shares; 3,297,258 whole FT warrants to purchase 3,297,258 shares; five million whole charity FT warrants to purchase five million shares

Warrant price:  Each NFT warrant is exercisable at an exercise price of 60 cents for a period of two years from the date of issuance. Each FT warrant is exercisable at an exercise price of 60 cents for a period of two years from the date of issuance. Each charity FT warrant is exercisable at an exercise price of 60 cents for a period of two years from the date of issuance.

Number of placees:  27 placees

Brokered broker fee:  $510,000, 912,499 warrants

Non-brokered finder's fee:  $39,922, 83,170 warrants

Brokers' warrants terms:   Each broker's warrant entitles the holder to purchase one common share at the price of 40.5 cents for period of two years from the date of issuance.

Finders' warrants terms:  Each finder's warrant entitles the holder to purchase one common share at the price of 48 cents for period of two years from the date of issuance.

The company issued news release on Oct. 18, 2023, confirming closing of the private placement.