Financing type: non-brokered private placement
Gross proceeds: $1,906,355.76
Offering: 15,886,298 listed shares with 15,886,298 warrants attached
Offering price: 12 cents per listed share
Warrant exercise terms: 25 cents per listed share for a period of 24 months
Commissions in securities: 42,653 finders' warrant units
Commission terms: Each non-transferable warrant unit is exercisable at 12 cents for a period of 24 months into a unit consisting on one listed share and one non-transferable warrant, which is exercisable at 25 cents for a period of 24 months.
Disclosure: Refer to the company's news releases dated Aug. 1, 2025, Aug. 5, 2025, and Aug. 21, 2025.
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