Financing type:  non-brokered private placement

Gross proceeds:  $500,500

Offering:  4.55 million flow-through common share units, with 2.75 million flow-through (FT) warrants attached; 6,825,000 common share units with 6,825,000 common share warrants attached

Offering price:  five cents per flow-through common share unit; four cents per common share unit

Warrant exercise terms:  11 cents per FT warrant share for a two-year period; 10 cents per warrant share for a two-year period

Commissions in securities:  237,000 finders' warrants (two finders)

Commission terms:  Each non-transferable finder's warrant is exercisable at 10 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated March 3, 2025, April 1, 2025, April 10, 2025, and April 23, 2025.