Financing type:  brokered private placement

Gross proceeds:  $15,005,250

Offering:  3,705,000 listed shares with 1,852,500 warrants attached

Offering price:  $4.05 per listed share

Warrant exercise terms:  $5.27 per listed share for a two-year period

Commissions in securities:  222,300 agents' warrants

Commission terms:  Each non-transferable warrant is exercisable at $4.05 for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 15, 2026, and Jan. 27, 2026.