Financing type:  non-brokered private placement

Gross proceeds:  $1-million

Offering:  40 million flow-through listed shares with 40 million warrants attached

Offering price:  2.5 cents per flow-through listed share

Warrant exercise terms:  five cents per listed share for a three-year period

Commissions in securities:  2.8 million finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at five cents for a three-year period.

Disclosure:  Refer to the company's news releases dated Oct. 17, 2025, and Nov. 21, 2025.