Loan value:  $720,000

Bonus securities:  3.6 million warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a period of one year from the date of issuance.

Non-cash commissions:  175,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a period of one year from the date of issuance.

Public disclosure:  Refer to the company's news releases dated May 13, 2025, and May 20, 2025.