On October 2, 2023 the Company issued 4,863,588 Units for aggregate gross proceeds of CAD 729,538.20. Each Unit consists of one common share in the capital stock of the Company and one Common Share purchase warrant of the Company Each whole Warrant is exercisable for one Common Share at an exercise price of CAD 0.30 per Warrant Share for a period of 24 months following the date of issuance. The securities issued pursuant to this closing of the Offering are subject to a hold period of four months plus a day expiring February 3, 2024.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 7 placees including existing insider involvement of six insiders for 4,763,588.