Financing type:  non-brokered private placement

Gross proceeds:  $3.5-million

Offering:  35 million listed shares

Offering price:  10 cents per listed share

Commissions in securities:  300,000 finders' warrants

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

Disclosure:  Refer to the company's news releases dated March 25, 2025, and May 9, 2025.