Financing type:  non-brokered private placement

Gross proceeds:  $3.5-million

Offering:  8.75 million listed shares with 8.75 million warrants attached

Offering price:  40 cents per listed share

Warrant exercise terms:  70.5 cents per listed share for a three-year period

Disclosure:  Refer to the company's news releases dated Oct. 23, 2025, and Dec. 9, 2025.