Financing type:  non-brokered private placement

Gross proceeds:  $1.5-million

Offering:  9,375,000 listed shares with 9,375,000 warrants attached

Offering price:  16 cents per listed share

Warrant exercise terms:  26 cents per listed share for a three-year period

Commissions in securities:  267,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 26 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated May 22, 2025, June 6, 2025, and June 20, 2025.