Financing type:  non-brokered private placement

Gross proceeds:  $2,999,997.11

Offering:  27,272,701 listed shares with 27,272,701 warrants attached

Offering price:  11 cents per listed share

Warrant exercise terms:  15 cents per listed share for a three-year period

Commissions in securities:  2,064,361 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 15 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated Jan. 6, 2026, and Jan. 30, 2026.