Financing type:  non-brokered private placement

Gross proceeds:  $200,000

Offering:  1.25 million flow-through shares

Offering price:  16 cents per flow-through share

Non-cash commissions:  75,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 22 cents per common share until July 2, 2026.

Public disclosure:  Refer to the company's news release dated July 4, 2025.