Financing type: brokered private placement
Gross proceeds: $24,999,975
Offering: 23,809,500 common listed shares with 11,904,750 warrants
Offering price: $1.05 per listed share
Warrant exercise terms: $1.30 per listed share for a two-year period
Commissions in securities: 1,644,965 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at $1.05 for a two-year period.
Disclosure: Refer to the company's news releases dated Aug. 13, 2025, Aug. 14, 2025, and Aug. 26, 2025.
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