The company's short form base shelf prospectus dated March 7, 2025, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission, pursuant to the provisions of the Securities Act (British Columbia), and the Ontario Securities Commission, pursuant to the provisions of the Securities Act (Ontario). The prospectus was also filed under Multilateral Instrument 11-102, Passport System, in Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Nunavut, and the Northwest Territories. A receipt for the prospectus is deemed to be issued by the regulators in each of those jurisdictions, if the conditions of the instrument have been satisfied.
Further to an at-the-market (ATM) offering of shares made pursuant to a prospectus supplement dated July 11, 2025, to the company's short form base shelf prospectus dated March 7, 2025, the exchange has accepted for filing documentation with respect to the sales set out below under the ATM distribution. The company raised aggregate gross proceeds of $604,510.72 pursuant to the ATM distribution from July 1, 2025, to Sept. 30, 2025, as set out below.
The exchange has been advised by the company that sales under the ATM distribution during the quarter ended Sept. 30, 2025, occurred for gross proceeds of $604,510.72.
Agent: Cantor Fitzgerald Canada Corp.
Offering: 632,800 shares in aggregate during the quarter ended Sept. 30, 2025
Share price: varying prices during the quarter ended Sept. 30, 2025, with an average sale price of 95.53 cents per share
Agent's commission: 3 per cent of the gross proceeds of the offering, being $18,135.32 in aggregate for the quarter ended Sept. 30, 2025
For further information, please refer to the company's short form base shelf prospectus dated March 7, 2025, the prospectus supplement dated July 11, 2025, and the news release dated Oct. 1, 2025, which are available under the company's SEDAR+ profile.
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