Financing type:  non-brokered private placement

Gross proceeds:  $3.75-million

Offering:  34,625,000 flow-through (FT) shares with 17,312,500 warrants; 26,525,000 non-flow-through (NFT) shares with 13,262,500 warrants

Offering price:  seven cents per FT share; five cents per NFT share

Warrant exercise terms:  seven cents per listed share for a five-year period

Commissions in securities:  4,032,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at five cents for a five-year period into one finder's commission unit. Each finder's commission unit will comprise one common share and one-half of one common share purchase finder's commission warrant. Each finder's commission warrant will be exercisable at a price of five cents for a five-year period into one common share.

Disclosure:  Refer to the company's news releases dated July 15, 2025, July 16, 2025, and Aug. 18, 2025.