Financing type:  non-brokered private placement

Gross proceeds:   $2.79-million

Offering:  18 million flow-through listed shares with nine million warrants attached

Offering price:   15.5 cents per flow-through listed share

Warrant exercise terms:  18 cents per listed share for a two-year period, subject to an acceleration right

Disclosure:  refer to the company's news release dated Dec. 30, 2025