Financing type:  non-brokered private placement

Gross proceeds:  $4,000,000.125

Offering:  4,848,485 listed shares with 4,848,485 warrants

Offering price:  82.5 cents per listed share

Warrant exercise terms:  $1.05 per listed share for a two-year period

Commissions in securities:  78,013 finders' shares and 279,731 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.05 for a two-year period.

Disclosure:  Refer to the company's news releases dated Sept. 12, 2025, and Oct. 9, 2025.