Financing type:  brokered private placement

Gross proceeds:  $13,121,600

Offering:  41,005,000 listed shares with 20,502,500 warrants attached

Offering price:  32 cents per listed share

Warrant exercise terms:  46 cents per listed share for an 18-month period

Commission in cash only:  Cantor Fitzgerald Canada Corp. (lead), BMO Nesbitt Burns Inc., National Bank Financial Inc. and Canaccord Genuity Corp.

Disclosure:  Refer to the company's news releases dated Sept. 29, 2025, Oct. 14, 2025, and Oct. 17, 2025.