Financing type:  non-brokered private placement

Gross proceeds:  $3-million

Offering:  30 million common share units, with 30 million share purchase warrants attached

Offering price:  10 cents per unit

Warrant exercise terms:  15 cents per common share for a two-year period, subject to an acceleration provision

Commissions in securities:  1,000,320 finders' warrants (six finders)

Commission terms:  Each non-transferable finder's warrant is exercisable at 15 cents for a 24-month period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated June 26, 2025, July 24, 2025, and Aug. 1, 2025.