Financing type: bought deal prospectus offering
Gross proceeds: $34,500,690
Offering: 32,857,800 common listed shares with 16,428,900 warrants
Offering price: $1.05 per common listed share
Warrant exercise terms: $1.40 per common listed share for a three-year period
Overallotment option: The agents may purchase a maximum of 4,285,800 common listed shares and 2,142,900 warrants for overallotment purposes. As of Jan. 20, 2026, such option has expired and 4,285,800 common listed shares and 2,142,900 warrants have been issued thereunder. All information presented herein includes such exercise.
Commissions in securities: 1,970,887 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at $1.05 for a three-year period.
Disclosure: Refer to the short form base shelf prospectus dated Nov. 26, 2025, and the prospectus supplement dated Jan. 2, 2026, and the company's news releases dated Dec. 30, 2025, Dec. 31, 2025, and Jan. 14, 2026.
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