Financing type: non-brokered private placement
Gross proceeds: $1,543,750
Offering: 6,175,000 listed shares with 3,087,500 warrants attached
Offering price: 25 cents per listed share
Warrant exercise terms: 40 cent sper listed share for a one-year period
Commissions in securities: 162,900 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at 40 cents for a one-year period.
Disclosure: Refer to the company's news releases dated Sept. 16, 2025, Sept. 23, 2025, Sept. 26, 2025, and Oct. 16, 2025.
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