Prospectus -- unit offering

Effective Dec. 6, 2022, the company's supplemented short form PREP prospectus dated Dec. 6, 2022, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission as principal regulator and Ontario Securities Commission. The company's supplemented short form PREP prospectus has been filed in all provinces of Canada, except Quebec.

The TSX Venture Exchange has been advised that the closing of the offering occurred on Dec. 9, 2022, for gross proceeds of $2,999,998.96 (U.S.).

Offering:  726,392 units (Each unit will consist of one common share and one common share purchase warrant.)

Unit price:  $4.13 (U.S.) per unit

Warrants:  726,392 warrants to purchase 726,392 common shares

Warrant exercise price/term:  $5 (U.S.) per warrant for five years from the date of issuance

Underwriter:  PI Financial Corp.

Underwriter's fee:  aggregate of $210,000 (U.S.) and 50,848 compensation options (Each compensation option is exercisable to acquire one unit at a price of $4.13 (U.S.) per unit for a period of two years after the closing.)

For further details, refer to the company's supplemented short form PREP prospectus (filed on SEDAR on Dec. 6, 2022) and the company's news releases dated Sept. 13, 2022, Dec. 6, 2022, and Dec. 9, 2022.