Financing type:  non-brokered private placement

Gross proceeds:  $337,500

Offering:  1.35 million listed shares with 1.35 million warrants

Offering price:  25 cents per listed share

Warrant exercise terms:  35 cents per listed share for a one-year period

Commissions in securities:  108,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated Jan. 14, 2026, Jan. 19, 2026, and Jan. 20, 2026.