Financing type:  non-brokered private placement

Offering:  $5-million principal amount of convertible debentures, convertible into 27,777,777 listed shares with 27,777,770 warrants attached

Conversion price:  18 cents per listed share

Maturity date:  Aug. 18, 2030

Interest rate:  10 per cent per annum

Warrant exercise terms:  22 cents per listed share for a five-year period

Disclosure:  Refer to the company's news releases dated July 17, 2025, and Aug. 18, 2025.