Financing type:  non-brokered private placement

Offering:  $2,052,000 principal amount of convertible debenture, convertible into up to 25.65 million listed shares with 25.65 million detachable warrants

Conversion price:  eight cents per listed share until May 14, 2027, and 10 cents per listed share until May 14, 2031

Maturity date:  May 14, 2031

Interest rate:  10 per cent per annum

Warrant exercise terms:  13 cents per listed share for a five-year period

Disclosure:  refer to the company's news releases dated March 6, 2026, March 25, 2026, and May 14, 2026