Further to the TSX Venture Exchange bulletin dated Jan. 23, 2024, and July 16, 2024, the exchange has accepted for filing the following replacement debentures.

Financing type:  non-brokered private placement

Original offering:  $3-million principal amount of convertible debentures, convertible into 5,454,546 listed shares with three million detachable warrants; $1,075,000 principal amount of convertible debentures, convertible into 1,954,544 listed shares with 1,075,000 detachable warrants

Amended offering:  $3,975,000 principal amount of convertible debentures, convertible into 15.9 million listed shares with 1,987,500 detachable warrants

Original conversion price:  55 cents per listed share

Amended conversion price:  25 cents per listed share

Original maturity dates:  Nov. 17, 2025 ($2,355,000 principal amount); Dec. 20, 2025 ($645,000 principal amount); May 30, 2026 ($775,000 principal amount); July 16, 2026 ($300,000 principal amount)

Amended maturity date:  Dec. 15, 2027

Original interest rate:  14 per cent per annum

Amended interest rate:  12 per cent per annum

Original warrant exercise terms:  three million warrants to purchase three million listed shares at a price of 55 cents per share for a period of 24 months after closing; 1,075,000 warrants to purchase 1,075,000 listed shares at a price of 55 cents per share for a period of 24 months after closing

New warrant exercise terms:  1,987,500 warrants to purchase 1,987,500 listed shares at a price of 35 cents per share, expiring on Dec. 15, 2027

Disclosure:  Refer to the company's news releases dated Nov. 6, 2025, Nov. 17, 2025, and Dec. 10, 2025.