Financing type:  non-brokered private placement

Gross proceeds:  $1,254,500.06

Offering:  3,900,001 flow-through listed shares with 1.95 million warrants attached; 18.2 million non-flow-through listed shares with 18.2 million warrants attached

Offering price:  6.5 cents per flow-through listed share; 5.5 cents per non-flow-through listed share

Warrant exercise terms:  12 cents per listed share for a two-year period, subject to an acceleration right; 12 cents per listed share for a three-year period, subject to an acceleration right

Disclosure:  Refer to the company's news releases dated Oct. 9, 2025, Dec. 16, 2025, Dec. 30, 2025, Jan. 15, 2026, and Jan. 30, 2026.