Financing type: non-brokered private placement
Gross proceeds: $875,000
Offering: 35 million units
Offering price: 2.5 cents per unit
Warrant exercise terms: Each whole warrant entitles the holder to purchase one common share at a price of five cents for a period of 36 months from the date of issuance.
Total insider involvement: 2.8 million (one insider)
Public disclosure: Refer to the company's news releases dated Sept. 11, 2025, Oct. 3, 2025, and Oct. 31, 2025.
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