The Offering was led by Research Capital Corporation and Eventus Capital Corp., as co-lead agents and joint bookrunners (the " Lead Agents "), on their own behalf and on behalf of a syndicate of agents, including Laurentian Bank Securities Inc., Canaccord Genuity Corp., and Haywood Securities Inc. (together with the Lead Agents, the " Agents "). The gross proceeds from the issuance of the FT Units will be used for "Canadian Exploration Expenses" within the meaning of the Tax Act (the " Qualifying Expenditures "), which will be renounced with an effective date no later than December 31, 2023 to the purchasers of the FT Units in an aggregate amount not less than the gross proceeds raised from the issue of FT Units. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each subscriber of FT Units for any additional taxes payable by such subscriber as a result of the Company's failure to renounce the Qualifying Expenditures.