Private placement -- brokered

Financing type:  brokered private placement

Gross proceeds:  $5,060,595.45

Offering:  7,587,000 flow-through listed shares with 3,793,500 warrants; 25,138,703 non-flow-through listed shares with 12,569,351 warrants

Offering price:  17 cents per flow-through listed share; 15 cents per non-flow-through listed share

Warrant exercise terms:  20 cents per listed share for a three-year period

Commissions in securities:  Paradigm Capital Inc., 1,697,887 shares and 1,854,174 warrants; Agentis Capital Markets LP, 188,654 shares and 206,020 warrants

Commission terms:  Each non-transferable warrant is exercisable at 15 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated April 24, 2025, and May 21, 2025.