Financing type:  non-brokered private placement

Offering:  $2.2-million of face value, of which $2-million is the principal amount of convertible debenture, convertible into 2,909,090 listed shares with 1.85 million detachable warrants

Conversion price:  66 cents per listed share

Maturity date:  24 months from the date of issuance

Interest rate:  5 per cent per annum

Warrant exercise terms:  66 cents per listed share for a two-year period

Non-cash commissions:  233,333 finders' warrants

Public disclosure:  Refer to the company's news releases dated July 8, 2026, Aug. 14, 2026, and Aug. 18, 2026.