Financing type:  non-brokered private placement

Offering:  $200,000 principal amount of $1,000 convertible debenture units, convertible into 10,000 listed shares and 5,000 common share purchase warrants

Conversion price:  10 cents per listed share

Maturity date:  Feb. 28, 2028

Interest rate:  15 per cent per annum

Warrant exercise terms:  15 cents per listed share for a 36-month period from the date of issuance

Non-cash commissions:  140,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a period of two years from the date of issuance.

Public disclosure:  Refer to the company's news releases dated Feb. 27, 2026, Feb. 27, 2026, and April 6, 2026.