Financing type:  non-brokered private placement

Gross proceeds:  $3,500,000.12

Offering:  28,525,092 flow-through shares; 3,622,400 non-flow-through shares with 1,811,200 warrants attached

Offering price:  11 cents per flow-through share; 10 cents per non-flow-through share

Warrant exercise terms:  15 cents per listed share for a two-year period

Non-cash commissions:  1,773,953 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 15 cents for a two-year period.

Public disclosure:  Refer to the company's news release dated Dec. 19, 2025.