Financing type:  non-brokered private placement

Gross proceeds:  $4.5-million

Offering:  22.5 million listed shares with 22.5 million warrants attached

Offering price:  20 cents per listed share

Warrant exercise terms:  26 cents per listed share for a three-year period

Commissions in securities:  1,428,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated June 3, 2025, June 5, 2025, June 12, 2025, and June 18, 2025.