Financing type:  non-brokered private placement

Gross proceeds:  $541,400.99

Offering:  4,164,623 flow-through shares with 2,082,312 warrants

Offering price:  13 cents per share

Warrant exercise terms:  20 cents per listed share for a two-year period

Commissions in securities:  291,523 finders' warrants

Commission terms:  134,615 non-transferable warrant is exercisable at 13 cents for a two-year period; 156,908 non-transferable warrant is exercisable at 20 cents for a two-year period

Disclosure:  Refer to the company's news releases dated Dec. 18, 2025, and Jan. 30, 2026.