Financing type:  non-brokered private placement

Gross proceeds:  $3,281,420

Offering:  32,814,200 listed shares with 16,407,100 warrants

Offering price:  10 cents per listed share

Warrant exercise terms:  20 cents per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  24,000 warrants

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

Disclosure:  refer to the company's news release(s) dated Oct. 23, 2025, and Nov. 19, 2025