Financing type: non-brokered private placement
Gross proceeds: $112,950
Offering: 2,259,000 listed shares with 1,129,500 warrants
Offering price: five cents per listed share
Warrant exercise terms: 10 cents per listed share for a two-year period, subject to an acceleration right
Commissions in securities: 36,000 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at 10 cents until May 22, 2028.
Disclosure: Refer to the company's news release dated May 26, 2026.
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