The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 22, 2024.

Number of shares:  19,999,350 shares

Purchase price:  15 cents per share

Warrants:  19,999,350 share purchase warrants to purchase 19,999,350 shares

Warrant exercise price:  20 cents for a three-year period

Number of placees:  30 placees

Insiders:  Ian Slater, two million; Ian Harris, 466,667; Fiore Aviation Corp. (Frank Giustra), 4.2 million

Total pro group involvement:  853,333 (three placees)

Pursuant to corporate finance Policy 4.1, Section 1.11(d), the company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period Feb. 15, 2024.