Financing type: non-brokered private placement
Gross proceeds: $2,572,603.20
Offering: 17,150,688 units
Offering price: 15 cents per unit
Warrant exercise terms: Each whole warrant is exercisable into one common share at a price of 25 cents for a period of two years from the date of issuance, subject to an acceleration clause.
Total pro group involvement: 990,000 (one pro group)
Finders' fees: $126,510.66 cash and 843,406 warrants (six finders)
Commissions terms: 843,406 finders' warrants (Each warrant is exercisable at 25 cents for a period of two years from the date of issuance.)
Refer to the company's news releases dated Sept. 8, 2025, and Nov. 17, 2025.
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