Financing type:  non-brokered private placement

Gross proceeds:  $1,330,499.94

Offering:  12,095,454 listed shares with 12,095,454 warrants

Offering price:  11 cents per listed share

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

Commissions in securities:  379,272 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 11 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated May 5, 2025, and May 20, 2025.