Financing type:  non-brokered private placement

Gross proceeds:  $4.5-million

Offering:  25 million listed shares with 12.5 million warrants attached

Offering price:  18 cents per listed share

Warrant exercise terms:  31 cents per listed share for a two-year period

Commissions in securities:  1,185,565 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 18 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Sept. 22, 2025, Sept. 24, 2025, Oct. 9, 2025, and Oct. 22, 2025.