Financing type:  non-brokered private placement

Gross proceeds:  $7,040,749.53

Offering:  40.95 million flow-through listed shares; 17,472,723 non-flow-through listed shares with 8,736,361 warrants attached

Offering price:  12.5 cents per flow-through listed share; 11 cents per non-flow-through listed share

Warrant exercise terms:  18 cents per non-flow-through listed share for a three-year period, subject to an acceleration right

Commissions in securities:  2,934,775 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 12.5 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated April 8, 2026, April 14, 2026, April 23, 2026, April 27, 2026, April 30, 2026, and May 14, 2026.