Financing type:  non-brokered private placement

Gross proceeds:  $1.5-million

Offering:  15 million listed shares with 7.5 million warrants

Offering price:  10 cents per listed share

Warrant exercise terms:  15 cents per listed share for a two-year period

Commissions in securities:   728,000 warrants

Commission terms:  716,000 non-transferable warrant is exercisable at 10 cents for a two-year period; 12,000 non-transferable warrant is exercisable at 15 cents for a two-year period

Disclosure:  refer to the company's news releases dated Oct. 14, 2025, Dec. 18, 2025, Feb. 9, 2026, and March 12, 2026