The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Nov. 4, 2022.

Number of shares:  2,714,286 flow-through (FT) common share units (Each FT unit consists of one flow-through common share and one transferable common share purchase warrant.)

Purchase price:  seven cents per FT unit

Warrants:  2,714,286 warrants to purchase 2,714,286 common shares of the company

Warrant price:  10 cents, exercisable for a period of five years from the date of issuance

Number of placees:  two placees

Total existing insider involvement:  two million FT units (one insider)

The company issued a news release on Dec. 21, 2022, confirming the closing of the private placement.