Financing type:  non-brokered private placement

Gross proceeds:  $1.57-million

Offering:  7.85 million listed shares with 7.85 million warrants

Offering price:  20 cents per listed share

Warrant exercise terms:  30 cents per listed share for an 18-month period

Commissions in securities:  222,700 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for an 18-month period.

Disclosure:  Refer to the company's news releases dated Feb. 11, 2026, and Feb. 20, 2026.