Financing type:  non-brokered private placement

Offering:  $14-million principal amount of convertible debenture convertible into 107,692,308 listed shares with 107,692,308 detachable warrants

Conversion price:  13 cents per listed share

Maturity date:  four years from issuance

Interest rate:  10.00 per cent per annum

Warrant exercise terms:  17.5 cents per listed share for a four-year period

Disclosure:  Refer to the company's news releases dated June 4, 2026, June 29, 2026, July 8, 2026, and July 10, 2026.