Financing type:  non-brokered private placement

Gross proceeds:  $3,128,384

Offering:  3,128,384 listed shares with 3,128,384 warrants

Offering price:  $1 per unit

Warrant exercise terms:  $1.30 per listed share for a two-year period, subject to accelerated expiry

Commissions in securities:  59,605 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 68 cents for a two-year period, subject to accelerated expiry.

Disclosure:  Refer to the company's news release dated Jan. 9, 2026.