Further to a convertible debenture issued pursuant to a private placement originally accepted by the TSX Venture Exchange effective March 29, 2023, the exchange has consented to an amendment of the original convertible debenture. The company is not receiving any new additional funds.

Original convertible debenture maturity date and conversion period expiry:  first tranche: Jan. 19, 2025; second tranche: March 23, 2025

Amended convertible debenture maturity date and conversion period expiry:  March 31, 2026

The amount of aggregate principal outstanding is $2,095,000. The maturity date of the original convertible debentures was extended from Jan. 19, 2025, and March 23, 2025, to May 3, 2025, as accepted for filing by the exchange effective Jan. 29, 2025, and from May 3, 2025, to Nov. 3, 2025, as accepted for filing by the exchange effective May 21, 2025. All other details of the amended convertible debenture remain unchanged from the original convertible debenture.

For further information, please refer to the news release dated Oct. 31, 2025.