Financing type:  non-brokered private placement

Gross proceeds:  $663,500

Offering:  10,025,000 flow-through listed shares with 5,012,500 warrants attached; 7.5 million non-flow-through listed shares with 7.5 million warrants attached

Offering price:  four cents per flow-through listed share; 3.5 cents per non-flow-through listed share

Warrant exercise terms:  six cents per listed share for a two-year period; six cents per listed share for a five-year period

Commissions in securities:  1,137,500 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into a common share at six cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Oct. 21, 2025, Nov. 18, 2025, and Dec. 10, 2025.