Financing type:  non-brokered private placement

Gross proceeds:  $500,030

Offering:  1,613,000 flow-through (FT) shares with 806,500 warrants

Offering price:  31 cents per FT share

Warrant exercise terms:  40 cents per listed share for a two-year period

Commissions in securities:  80,650 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 40 cents for a two-year period.

Disclosure:  Refer to the company's news release dated July 21, 2026.