Financing type:  non-brokered private placement

Gross proceeds:  $3.4-million

Offering:  34 million listed shares with 17 million warrants attached

Offering price:  10 cents per listed share

Warrant exercise terms:  17.5 cents per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  360,000 finders' shares and 1,751,700 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 17.5 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Oct. 2, 2025, and Oct. 15, 2025.