The company's short form base shelf prospectus dated Sept. 11, 2024, 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), on Sept. 11, 2024. 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 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 Oct. 3, 2024, to the company's short form base shelf prospectus dated Sept. 11, 2024, 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 $96,868,560 (Canadian) pursuant to the ATM distribution from Jan. 1, 2025, to March 31, 2025, as set out below.

The exchange has been advised by the company that sales under the ATM distribution during the period ended March 31, 2025, occurred for gross proceeds of $96,868,560 (Canadian).

Agents:  Stifel Nicolaus Canada Inc., Canaccord Genuity Corp. and Roth Canada, Inc. (the Canadian agents); Stifel, Nicolaus & Company Inc., Canaccord Genuity LLC, B. Riley Securities Inc., and Northland Securities Inc. (the U.S. agents)

Offering:  25,206,407 shares in aggregate during the quarter ended March 31, 2025

Share price:  varying prices during the quarter ended, with an average sale price of $3.84 (Canadian) per share

Agents' commission:  a cash payment of $1,752,660 (U.S.) (approximately $2,519,624 (Canadian)) in aggregate for the period ended March 31, 2025

For further information, please refer to the company's short form base shelf prospectus dated Sept. 11, 2024, the prospectus supplement dated Oct. 3, 2024, and the news releases dated Oct. 3, 2024, and May 9, 2025, which are available under the company's SEDAR+ profile.