Financing type:  non-brokered private placement

Gross proceeds:  $499,999.92

Offering:  3,571,428 listed shares with 3,571,428 warrants attached

Offering price:  14 cents per listed share

Warrant exercise terms:  18 cents per listed share for a two-year period

Commissions in securities:  35,714 finders' shares

Disclosure:  Refer to the company's news releases dated Jan. 22, 2026, and Feb. 11, 2026.