Financing type:  non-brokered private placement

Gross proceeds:  $1.2-million

Offering:  six million flow-through listed shares with three million warrants attached

Offering price:  20 cents per flow-through listed share

Warrant exercise terms:  25 cents per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  383,250 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents for a two-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news release dated Dec. 10, 2025.