Financing type:  non-brokered private placement

Gross proceeds:  $1,599,999.84

Offering:  8,888,888 flow-through (FT) shares

Offering price:  18 cents per FT share

Commissions in securities:  622,222 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 18 cents for a two-year period.

Disclosure:  Refer to the company's news release dated Oct. 7, 2026.