Financing type:  brokered private placement

Gross proceeds:  $17,537,500

Offering:  5.75 million listed shares with 2,875,000 warrants attached

Offering price:  $3.05 per listed share

Warrant exercise terms:  $4 per listed share for a three-year period

Commissions in securities:  230,000 warrants

Commission terms:  Each non-transferable warrant is exercisable at $3.05 for a three-year period.

Disclosure:  Refer to the company's news releases dated Jan. 19, 2026, Jan. 29, 2026, and Feb. 3, 2026.