Financing type:  non-brokered private placement

Gross proceeds:  $1-million

Offering:  10 million listed shares with five million warrants attached

Offering price:  10 cents per listed share

Warrant exercise terms:  20 cents per listed share for a two-year period

Commissions in securities:  300,000 finders' shares and 600,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 12, 2026, and Feb. 11, 2026.