The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 14, 2019.

Convertible debenture:  $3,997,500

Initial conversion price:  14 cents per common share

Term of maturity:  three years

Interest rate:  8 per cent

Warrants:  13,436,969 share purchase warrants to purchase 13,436,969 shares

Initial exercise price:  17 cents

Term to expiry:  two years

Number of placees:  one placee

Finder's fee:  Alexey Mikhaylovskiy, 1,662,499 shares (The finder was issued 5 per cent of the value of each instalment when and if it is drawn by the company by the issue of common shares at a conversion rate of 1.33 (fixed) and a share price of 12 cents.)

Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.