The company will offer to shareholders of record on Dec. 5, 2025, rights to purchase shares of the company. One right will be issued for each share held. One right and 12 cents are required to purchase one share. The expiry date for the rights offering is Dec. 31, 2025. As at Nov. 27, 2025 the company had 11,440,489 shares issued and outstanding.

Effective at the opening, Dec. 5, 2025, the shares of the company will trade ex rights. The company is classified as a technology company. The rights will not be listed for trading.

Summary

Basis of offering:  one rights exercisable for one share at 12 cents per share

Record date:  Dec. 5, 2025

Shares trade ex rights:  Dec. 5, 2025

Rights called for trading:  not applicable

Rights trade for cash:  not applicable

Rights expire:  Dec. 31, 2025, at 2 p.m. Pacific Time

Authorized jurisdictions:  all provinces and territories of Canada and in any other jurisdiction in which the offering may legally be made

For further details, please refer to the company's rights offering circular dated Nov. 27, 2025.