Financing type:  non-brokered private placement

Offering:  $200,000 principal amount of convertible debenture, convertible into 800,000 shares

Conversion price:  25 cents per unit

Maturity date:  60 months

Interest rate:  8 per cent per annum

Commissions in securities:  nil

Disclosure:  Refer to the company's news releases dated Oct. 15, 2025, and Nov. 20, 2025.