Financing type:  brokered private placement

Gross proceeds:  $13.8-million

Offering:  69 million listed shares with 34.5 million warrants attached

Offering price:  20 cents per listed share

Warrant exercise terms:  28 cents per listed share for a three-year period

Commissions in securities:  4.14 million 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 July 28, 2025, and Aug. 13, 2025.