The TSX Venture Exchange has been advised in connection with an amendment to the notice of articles of the company, a redesignation of securities of the company and a cash distribution, as approved by the company's shareholders at the company's special meeting of shareholders held on Sept. 5, 2025. The distribution will be effected by the following series of transaction:

• The common shares in the capital of the company will be redesignated as Class A common shares and a new class of an unlimited number of common shares of the company designated as common shares will be created.
• Each issued and outstanding Class A common share will be exchanged for one new common share and a pro rata share of the distribution up to three cents in cash per Class A common share.
• A corresponding reduction will be made in the stated capital account maintained by the company in respect of the Class A common shares in an aggregate amount of approximately $2,714,569.95.
• Class A common shares will be eliminated as a class.

As described in the management information circular of the company in respect of the meeting, the new common shares and the Class A common shares will have the same attributes except that the Class A common shares will have the right of exchange noted above.

The foregoing deemed steps will be effected without any further action or formality being required on the part of shareholders.

Notice of distribution -- due-bill trading

The issuer has declared the following distribution.

Distribution per Class A common share:  three cents

Record date:  Sept. 15, 2025

Payable date:  Sept. 19, 2025

Due-bill period:  Sept. 15, 2025, to Sept. 19, 2025, inclusively

Due-bill redemption date:  Sept. 22, 2025

Ex distribution date:  Sept. 22, 2025

Trades that are executed during the due-bill period will be identified to ensure purchasers of the common shares receive the distribution.

For more information, please refer to the company's news releases dated July 2, 2025, Sept. 5, 2025, and Sept. 10, 2025.