Financing type:  non-brokered private placement

Gross proceeds:  $1.55-million

Offering:  7.75 million listed shares with 7.75 million warrants attached

Offering price:  20 cents per listed share

Warrant exercise terms:  40 cents per listed share for a two-year period, subject to an acceleration right

Non-cash commissions:  128,975 warrants

Commission terms:  each non-transferable warrant is exercisable at 40 cents for a two-year period, subject to an acceleration right

Public disclosure:  refer to the company's news release(s) dated May 14, 2025, May 29, 2025, and June 10, 2025