The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

Number of shares:  22,380,459 subordinate voting shares

Purchase price:  seven cents per share

Warrants:  22,380,459 share purchase warrants to purchase 22,380,459 shares

Warrant exercise price:  15 cents for a two-year period, subject to accelerated expiry

Number of placees:  24 placees

Total existing insider involvement:  2,481,072 (seven placees)

The company issued a news release on Nov. 9, 2022, confirming the closing of the private placement. 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.