Financing type:  non-brokered private placement

Gross proceeds:  $2,112,000

Offering:  14,062,500 non-flow-through listed shares with 7,031,250 warrants attached; 30.99 million flow-through listed shares

Offering price:  four cents per non-flow-through listed share; five cents per flow-through listed share

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

Commissions in securities:  1,640,100 finders' warrants

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

Disclosure:  Refer to the company's news releases dated Nov. 7, 2025, Nov. 21, 2025, and Dec. 17, 2025.