Financing type:  non-brokered private placement

Gross proceeds:  $3.2-million

Offering:  20 million flow-through listed shares with 10 million warrants attached

Offering price:  16 cents per flow-through listed share

Warrant exercise terms:  20 cents per listed share for a two-year period

Commissions in securities:  450,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Dec. 11, 2024, and Dec. 23, 2024.