Financing type:  non-brokered private placement

Gross proceeds:  $16,000,000.56

Offering:  44,444,446 listed shares with 44,444,446 warrants

Offering price:  36 cents per share

Warrant exercise terms:  45 cents per listed share for a two-year period

Commissions in securities:  2,888,888 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 36 cents for a two-year period.

Disclosure:  Refer to the company's news release dated Sept. 17, 2025.