Financing type:  non-brokered private placement

Offering:  $1.5-million principal amount of convertible debenture, convertible into 7.5 million listed shares

Conversion price:  20 cents per listed share

Maturity date:  one year from issuance

Interest rate:  12 per cent per annum

Commissions in securities:  not applicable

Disclosure:  Refer to the company's news releases dated Feb. 6, 2026, and March 2, 2026.