Financing type:  non-brokered private placement

Gross proceeds:  $378,000

Offering:   4.2 million listed shares with 2.1 million warrants

Offering price:   nine cents per listed share

Warrant exercise terms:  12 cents per listed share for a two-year period

Commissions in securities:  336,000 warrants

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

Disclosure:  refer to the company's news release dated Dec. 11, 2025