Financing type:  non-brokered private placement

Gross proceeds:  $7.18-million

Offering:  35.9 million listed shares with 35.9 million warrants

Offering price:  20 cents per listed share

Warrant exercise terms:  30 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  306,250 warrants

Commission terms:  each non-transferable warrant is exercisable at 30 cents for a one-year period, subject to an acceleration right

Disclosure:  refer to the company's news release(s) dated Jan. 30, 2026, and Feb. 10, 2026