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

Number of shares:  7,904,450 subordinate voting shares

Purchase price:  nine cents per share

Warrants:  7,904,450 share purchase warrants to purchase 7,904,450 shares

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

Number of placees:  six placees

The company issued a news release on June 6, 2023, 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.