Financing type:  non-brokered private placement

Gross proceeds:  $4,999,116.96

Offering:   55,545,744 listed shares with 27,772,872 warrants attached

Offering price:  nine cents per listed share

Warrant exercise terms:  15 cents per listed share for a two-year period

Commissions in securities:  1,434,780 shares, 717,390 warrants

Commission terms:  each non-transferable warrant is exercisable at 15 cents for a two-year period

Financial advisor fee:   1.56 million shares and 780,000 warrants; each non-transferable warrant is exercisable at 15 cents for a two-year period

Disclosure:  refer to the company's news releases dated Jan. 21, 2026, and Feb. 20, 2026