Financing type:  non-brokered private placement

Gross proceeds:  $1,000,650

Offering:  953,000 listed shares

Offering price:  $1.05 per listed share

Commissions in securities:  57,180 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.25 for a period of 18 months.

Disclosure:  Refer to the company's news release dated Dec. 16, 2025.