Financing type:  non-brokered private placement

Gross proceeds:  $4.2-million

Offering:  84 million common listed shares

Offering price:  five cents per listed share

Warrant exercise terms:  nil

Commissions in securities:  4,167,500 finders' shares and 5,037,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 6.5 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Feb. 13, 2026, Feb. 26, 2026, and March 13, 2026.