Financing type:  non-brokered private placement

Gross proceeds:  $1,281,288.96

Offering:  7,118,272 flow-through listed shares with 3,559,138 warrants attached

Offering price:  18 cents per flow-through listed share

Warrant exercise terms:  22 cents per listed share for a three-year period, subject to an acceleration right

Commissions in securities:  569,461 warrants

Commission terms:  each non-transferable warrant is exercisable at 18 cents for a three-year period, subject to an acceleration right

Disclosure:  refer to the company's news releases dated Dec. 29, 2025, and Jan. 2, 2026