Financing type:  non-brokered private placement

Gross proceeds:  $3,499,259.76

Offering:  19,440,332 listed shares with 9,720,166 warrants

Offering price:  18 cents per listed share

Warrant exercise terms:  28 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  1,360,823 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 28 cents for a one-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated June 2, 2025, and June 26, 2025.