Financing type:  non-brokered private placement

Gross proceeds:  $3,169,250

Offering:  22 million flow-through shares with 22 million warrants; 33,025,000 non-flow-through shares with 33,025,000 warrants

Offering price:  6.90 cents per flow-through share; five cents per non-flow-through share

Warrant exercise terms:  nine cents per listed share for a three-year period

Commissions in securities:  931,200 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at nine cents for a three-year period.

Disclosure:  Refer to the company's news release dated June 24, 2026.