Financing type: non-brokered private placement
Gross proceeds: $5,675,000
Offering: 5,675,000 listed shares with 2,837,500 warrants attached
Offering price: $1 per listed share
Warrant exercise terms: $1.50 per warrant for a period of one year for the date of issuance, subject to an acceleration provision
Non-cash commissions: 138,900 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at $1 for a period of one year from the date of issuance, subject to an acceleration provision.
Public disclosure: Refer to the company's news releases dated Feb. 17, 2026, Feb. 18, 2026, March 16, 2026, and March 26, 2026.
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