The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 28, 2022.

Number of shares:  16 million shares

Purchase price:  25 cents per share

Warrants:  16 million share purchase warrants to purchase 16 million shares

Warrant exercise price:  45 cents for a two-year period, subject to an acceleration clause

Number of placees:  53 placees

Insiders:  John Mirko, 707,000; Bunkwee Investments Pty. Ltd. (Michael Cowin), 800,000; Delphi Unternehmensberatung AG (Wilhem Zours), 3.2 million; Dennis Cojuco, 50,000

Total pro group involvement:  200,000 (one placee)

Finders' fees:  Ascenta Finance Corp., $216,650 cash and 866,600 finder's warrants payable; PI Financial Corp., $6,650 cash and 26,600 finder's warrants payable; Research Capital Corp., $980 cash and 3,920 finder's warrants payable; Canaccord Genuity Corp., $2,887.50 cash and 11,550 finder's warrants payable; Surge Capital Corp., $2,800 cash payable and 11,200 finder's warrants payable (Each finder's warrant is exercisable into one common share at 45 cents for two years from closing, subject to an acceleration clause.)