Financing type:  non-brokered private placement

Offering:  $115,000 (U.S.) (or $149,500) principal amount of convertible debenture convertible into 598,000 listed shares with 598,000 detachable warrants

The company is not receiving new funds, as the proceeds are from previously matured convertible debentures.

Conversion price:  25 cents per listed share

Maturity date:   Feb. 9, 2028

Interest rate:  10.0 per cent per annum, calculated in United States dollars

Warrant exercise terms:  25 cents per listed share for a two-year period

Disclosure:  refer to the company's news release(s) dated Feb. 2, 2026, and Feb. 9, 2026