Financing type: non-brokered private placement
Gross proceeds: $751,799.90
Offering: 2.39 million flow-through listed shares with 1,195,000 warrants attached;
1,255,555 non-flow-through listed shares with 627,778 warrants attached
Offering price: 22 cents per flow-through listed share; 18 cents per non-flow-through listed share
Warrant exercise terms: 30 cents per listed share for a two-year period, subject to an acceleration right;
33 cents per listed share for a two-year period, subject to an acceleration right
Commissions in securities: 225,888 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at 30 cents (for 87,888 warrants) and 22 cents (for 138,000 warrants) for a two-year period, subject to an acceleration right.
Disclosure: Refer to the company's news release dated Dec. 5, 2025.
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