Financing type:  non-brokered private placement

Gross proceeds:   $196,000

Offering:  2.8 million flow-through listed shares with 1.4 million warrants attached

Offering price:   seven cents per flow-through listed share

Warrant exercise terms:  10 cents per listed share for a one-year period

Commissions in securities:   84,000 warrants

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

Disclosure:  refer to the company's news release dated Oct. 9, 2025