Financing type: non-brokered private placement
Gross proceeds: $3,053,662.47
Offering: 33,929,583 listed shares with 33,929,583 warrants attached
Offering price: nine cents per listed share
Warrant exercise terms: 15 cents per listed share for a two-year period
Commissions in securities: 1,949,453 finders' warrants
Commission terms: Of the finders' warrants, 540,555 non-transferable warrants are exercisable at a price of 15 cents for a two-year period, 754,398 warrants are exercisable at a price of 15 cents per share for a five-year period and 654,500 warrants are exercisable to acquire one unit at a price of nine cents per unit for a period of two years.
Disclosure: Refer to the company's news release dated May 26, 2026.
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