Financing type:  non-brokered private placement

Gross proceeds:  $10,362,735.25

Offering:  11,348,770 flow-through common shares and 11,348,770 warrants; two million flow-through common shares and two million warrants

Offering price:  82.5 cents per flow-through share; 50 cents per non-flow-through share

Warrant exercise terms:  75 cents per listed share for a five-year period

Commissions in securities:  439,925 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 75 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated May 30, 2025.