Financing type: brokered private placement
Gross proceeds: $30,475,575
Offering: 22,574,500 common shares with 11,287,250 warrants attached
Offering price: $1.35 per common share
Warrant exercise terms: $2 per common share for a two-year period
Commissions in securities: 1,354,470 agents' warrants
Commission terms: Each non-transferable warrant is exercisable at $1.35 for a two-year period.
Disclosure: Refer to the company's news releases dated Oct. 2, 2025, Oct. 3, 2025, and Oct. 28, 2025.
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