Financing type:  brokered private placement

Gross proceeds:  $174,999,999.28

Offering:  34,246,576 flow-through listed shares with 17,123,288 warrants attached; 249,999,998 non-flow-through listed shares with 124,999,999 warrants attached

Offering price:  73 cents per flow-through listed share; 60 cents per non-flow-through listed share

Warrant exercise terms:  85 cents per listed share for a one-year period; 85 cents per listed share for a one-year period

Commissions in securities:  13,389,760 warrants

Commission terms:  each non-transferable warrant is exercisable at 60 cents for a two-year period

Disclosure:  refer to the company's news releases dated Dec. 2, 2025, Dec. 22, 2025, Dec. 30, 2025, and Jan. 27, 2026