Financing type: non-brokered private placement
Gross proceeds: $2,988,024.64
Offering: 7,100,088 flow-through listed shares with 3,550,044 warrants attached;
four million non-flow-through listed shares with two million warrants attached
Offering price: 28 cents per flow-through listed share; 25 cents per non-flow-through listed share
Warrant exercise terms: 50 cents per listed share for a two-year period, subject to an acceleration right; 50 cents per listed share for a two-year period, subject to an acceleration right
Commissions in securities: 478,204 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at 50 cents for a two-year period, subject to an acceleration right.
Disclosure: Refer to the company's news releases dated Sept. 30, 2025, and Oct. 11, 2025.
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