Financing type:  non-brokered private placement

Gross proceeds:  $13,000,000.50

Offering:  5,777,778 listed shares with 2,888,889 warrants

Offering price:  $2.25 per listed share

Warrant exercise terms:  $3 per listed share for a three-year period

Commissions in securities:  404,444 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $2.25 for a three-year period.

Disclosure:  Refer to the company's news release dated Feb. 11, 2026.