Financing type:  non-brokered private placement

Gross proceeds:  $2,499,880.20

Offering:  16,665,868 listed shares with 8,332,934 warrants attached

Offering price:  15 cents per listed share

Warrant exercise terms:  25 cents per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  192,735 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents per listed share for a two-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Oct. 29, 2025, and Nov. 25, 2025.