Financing type:  non-brokered private placement

Gross proceeds:  $1.5-million

Offering:  12 million listed shares with 12 million warrants

Offering price:  12.5 cents per listed share

Warrant exercise terms:  20 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  643,200 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated Sept. 1, 2026, and Sept. 29, 2026.