Financing type:  non-brokered private placement

Gross proceeds:  $3.5-million (U.S.)

Offering:  3,125,000 listed shares with 3,125,000 warrants attached

Offering price:  $1.12 (U.S.) ($1.61 (Canadian)) per listed share

Warrant exercise terms:  $1.40 (U.S.) ($2.01 (Canadian)) per share for an 18-month period

Non-cash commissions:  183,333 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.12 (U.S.) per share for an 18-month period.

Public disclosure:  Refer to the company's news releases dated March 24, 2025, March 25, 2025, April 4, 2025, and April 14, 2025.