Financing type:  non-brokered private placement

Gross proceeds:  $3.8-million

Offering:  15.2 million listed shares with 7.6 million warrants attached

Offering price:  25 cents per listed share

Warrant exercise terms:  40 cents per listed share for a two-year period

Commissions in securities:  589,260 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 40 cents per listed share for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 19, 2026, Jan. 29, 2026, Feb. 5, 2026, Feb. 6, 2026, and May 14, 2026.