Financing type:  non-brokered private placement

Gross proceeds:  $4,247,500

Offering:  16.99 million listed shares with 8,495,000 warrants attached

Offering price:  25 cents per listed share

Warrant exercise terms:  35 cents per listed share for a two-year period

Commissions in securities:  not applicable

Disclosure:  Refer to the company's news release dated Feb. 24, 2026.