The company's short form base shelf prospectus dated March 27, 2024, was filed with and accepted by the TSX Venture Exchange, and filed with the securities commissions. The prospectus supplement to the short form base shelf prospectus dated July 4, 2024, was filed with the securities commissions in each of the provinces and territories in Canada. A receipt for the prospectus is deemed to have been issued by the regulators in the jurisdictions if the conditions of Multilateral Instrument 11-102, Passport System, have been satisfied.

Further to an at-the-market (ATM) offering of securities made pursuant to a supplement to the company's prospectus, the exchange has accepted for filing documentation with respect to the sales set out below under the ATM distribution. The company raised aggregate gross proceeds from Oct. 1, 2024, to Dec. 31, 2024, of $752,455.80 pursuant to the ATM distribution, as set out below.

Agent:  Research Capital Corp.

Offering:  557,000 shares in aggregate during the quarter ended Dec. 31, 2024

Share price:  varying prices during the quarter, with an average sale price of $1.3509 per share

Agent's warrants:  none

Overallotment option:  none

Agent's commission:  The company paid an aggregate cash payment of $18,811.40 to the agent for commission earned during the quarterly period.

For further information, please refer to the company's short form base shelf prospectus dated March 27, 2024, the prospectus supplement dated July 4, 2024, and the news release dated Jan. 16, 2025, which are available under the company's SEDAR+ profile.