The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Aug. 12, 2022.

Number of shares:  3.1 million flow-through shares

Purchase price:  15 cents per share

Warrants:  1.55 million share purchase warrants to purchase 1.55 million shares

Warrant exercise price:  25 cents for a one-year period, expiring on Aug. 24, 2023, and subject to accelerated expiry

Number of shares:  7,166,665 common shares

Purchase price:  12 cents per share

Warrants:  7,166,665 share purchase warrants to purchase 7,166,665 shares

Warrant exercise price:  20 cents for a one-year period, expiring on Aug. 24, 2023, and subject to accelerated expiry

Number of placees:  16 placees

Insider:  Delphi Unternehmensberatung AG (Wilhelm Zours), 2,166,666

Agent's fee:  Ascenta Finance Corp. received $64,699.98 cash, 501,666 finder's warrants (from non-flow-through units), each finder's warrant being exercisable to purchase one common share at an exercise price of 20 cents for a one-year period and subject to accelerated expiry, and 30,000 finder's warrants (from flow-through units), each finder's warrant being exercisable to purchase one common share at an exercise price of 25 cents for a one-year period and subject to accelerated expiry. GloRes Securities Inc. received $23,400 cash and 156,000 finder's warrants (from flow-through units), each finder's warrant being exercisable to purchase one common share at an exercise price of 25 cents for a one-year period and subject to accelerated expiry.