Financing type:  non-brokered private placement

Gross proceeds:  $4,284,760

Offering:  10,711,900 listed shares with 5,355,949 warrants

Offering price:  40 cents per listed share

Warrant exercise terms:  70 cents per listed share for a two-year period

Commissions in securities:  406,211 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 70 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated April 7, 2025, and May 5, 2025.