The TSX Venture Exchange has accepted for filing the company's proposal to issue five million non-transferable bonus warrants in consideration of loan agreements dated June 17, 2022, and June 30, 2022, between the company, and certain arm's-length and non-arm's-length parties. Pursuant to the agreements, the lenders advanced a $293,000 principal amount to the company. The loan will have a term of one-year and shall bear interest at a rate of 15 per cent per annum.

Each bonus warrant is exercisable into one common share at five cents until July 5, 2023.

Insiders:  9206-8618 QC Inc. (Andre Rancourt), 1.5 million; Fiducie De La Maison Bleue (Robert Brouillette), 1.5 million

For further details, please refer to the company's news release dated July 5, 2022.