Financing type: non-brokered private placement
Offering: $5-million (U.S.) (or $6.88-million (Canadian) equivalent) face value, of which $3,652,761.63 (U.S.) (or $5,026,200 (Canadian) equivalent) is principal amount of convertible debenture, convertible into 6,648,412 listed shares with 6,370,370 detachable warrants
Conversion price: 75.6 Canadian cent per listed share
Maturity date: March 3, 2028
Interest rate: 0.00 per cent per annum
Warrant exercise terms: 54 Canadian cents per listed share for a three-year period
Disclosure: Refer to the company's news releases dated Aug. 24, 2026, and Sept. 4, 2026.
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