Financing type:  non-brokered private placement

Gross proceeds:  $981,500

Offering:  3,926,000 listed shares with 3,926,000 warrants

Offering price:  25 cents per listed share

Warrant exercise terms:  35 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  296,480 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 35 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated Feb. 4, 2025, Feb. 28, 2025, March 17, 2025, April 16, 2025, May 2, 2025, and May 20, 2025.