Financing type:  non-brokered private placement

Gross proceeds:  $4.4-million

Offering:  8.8 million listed shares with 4.4 million warrants attached

Offering price:  50 cents per listed share

Warrant exercise terms:  75 cents per listed share for an 18-month period

Commissions in securities:  403,200 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 75 cents for an 18-month period.

Disclosure:  Refer to the company's news releases dated Dec. 18, 2025, and Jan. 30, 2026.