Financing type:  non-brokered private placement

Gross proceeds:  $668,500

Offering:  6,685,000 flow-through listed shares with 6,685,000 warrants attached

Offering price:  10 cents per flow-through listed share

Warrant exercise terms:  15 cents per listed share for a period of 24 months, subject to an acceleration right

Commissions in securities:  394,450 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 15 cents for a period of 24 months.

Disclosure:  Refer to the company's news release dated Dec. 24, 2024.