Financing type:  non-brokered private placement

Gross proceeds:  $1-million

Offering:  1,562,500 common shares and 1,562,500 warrants

Offering price:  64 cents per flow-through share

Warrant exercise terms:  84 cents per listed share for a five-year period, subject to accelerated expiry

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