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Non-Brokered Private Placement The Company is also pleased to announce that it has completed its previously announced non-brokered private placement (the “ Offering”) of 13,750,000 units (each, a “ Unit”) at a price $0.20 per Unit for gross proceeds of $2,750,000.  Each “Unit” issued in the placement consists of one common share and one half of one share purchase warrant entitling the holder to purchase one additional share at $0.30 for a period of three years from closing of the Offering. The Company filed for price reservation based on the closing price per common share of $0.245 on February 5, 2021 (which was the 52-week high for the Common Shares as of February 5, 2021). Commitments to subscribe in the Offering that were received on or before the close of markets on February 9, 2021, totaled $2.75 million. Further commitments were later received with demand significantly exceeding the $4 million, however as a result of the increase in the Company’s share price,

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