Financing type: brokered private placement
Gross proceeds: $4,001,178.60
Offering: 13,337,262 common shares with 13,337,262 warrants attached
Offering price: 30 cents per common share
Warrant exercise terms: 40 cents per listed share for an 18-month period
Commissions in securities: Centurion One Capital Corp. (lead), 666,863 shares and 1,029,091 warrants;
Canaccord Genuity Corp., 91,000 warrants;
Leede Financial Inc., 42,000 warrants;
Acumen Capital Finance Partners Ltd., 18,000 warrants
Commission terms: 666,863 units, with each unit including one common share and one warrant that entitles the holder to purchase one additional share at a price of 40 cents for a period of 18 months following the closing date (An additional 513,248 non-transferable broker warrants have been granted. Each broker warrant entitles the holder to acquire one unit at a price of 30 cents per unit on or before Jun 6, 2027. Each unit includes one common share and one warrant, exercisable at 40 cents for an 18-month period.)
Disclosure: Refer to the company's news releases dated Nov. 10, 2025, Nov. 25, 2025, and Dec. 9, 2025.
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