Financing type:  non-brokered private placement

Gross proceeds:  $497,000

Offering:  13.8 million flow-through listed shares; 7.6 million listed shares

Offering price:  2.5 cents per flow-through listed share; two cents per listed share

Commissions in securities:  700,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at five cents for a period of 24 months.

Disclosure:  Refer to the company's news releases dated Dec. 6, 2024, Dec. 23, 2024, Dec. 31, 2024, and Jan. 24, 2025.