Financing type:  non-brokered private placement

Gross proceeds:  $4,106,666.63900

Offering:  13,333,333 flow-through listed shares with 6,666,666 warrants attached; 6,666,667 non-flow-through listed shares with 3,333,331 warrants attached

Offering price:   23.3 cents per flow-through listed share; 15,000 per non-flow-through listed share

Warrant exercise terms:  20 cents per listed share for a three-year period; 20 cents per listed share for a three-year period

Commissions in securities:  80,000 warrants

Commission terms:  each non-transferable warrant is exercisable at 20 cents for a three-year period

Disclosure:  refer to the company's news releases dated Dec. 1, 2025, and Dec. 22, 2025