Financing type:  non-brokered private placement

Gross proceeds:  $474,724.90

Offering:  7,303,460 listed shares with 7,303,460 warrants

Offering price:  6.5 cents per listed share

Warrant exercise terms:  10 cents per listed share for a three-year period

Commissions in securities:  173,846 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a three-year period.

Disclosure:  Refer to the company's news release dated Dec. 13, 2024.