Financing type:  non-brokered private placement

Offering:  $4-million principal amount of convertible debenture, convertible into 3,007,518 listed shares with 1,503,758 warrants attached

Conversion price:  $1.33 per listed share

Maturity date:   Dec. 31, 2028

Interest rate:  10 per cent per annum

Warrant exercise terms:  $1.33 per listed share for a one-year period

Commissions in securities:   N/A

Disclosure:  refer to the company's news releases dated April 30, 2026, and June 8, 2026