Financing type: non-brokered private placement
Gross proceeds: $26,775,648
Offering: 7,437,680 common listed shares with 7,437,680 warrants
Offering price: $3.60 per listed share
Warrant exercise terms: $5.50 per listed share for a two-year period, subject to an acceleration right
Commissions in securities: 250,388 finders' shares and 250,388 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at $3.60 for a two-year period, subject to an acceleration right.
Disclosure: Refer to the company's news releases dated Oct. 1, 2025, Oct. 3, 2025, Oct. 22, 2025, and Oct. 28, 2025.
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