Financing type:  non-brokered private placement

Gross proceeds:  $2-million

Offering:  four million units with four million warrants attached

Offering price:  50 cents per unit

Warrant exercise terms:  70 cents per listed share for a five-year period

Commissions in securities:  210,000 finders' warrants (four finders)

Commission terms:  Each non-transferable finder's warrant is exercisable at 70 cents for a five-year period.

Disclosure:  Refer to the company's news releases dated Jan. 8, 2026, and Jan. 23, 2026.