Financing type: non-brokered private placement
Gross proceeds: $2,002,500
Offering: 13.35 million common listed shares with 13.35 million warrants
Offering price: 15 cents per listed share
Warrant exercise terms: 22 cents per listed share for a two-year period
Commissions in securities: 316,685 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at 22 cents for a two-year period.
Disclosure: Refer to the company's news releases dated Aug. 20, 2025, Aug. 27, 2025, Sept. 5, 2025, and Sept. 10, 2025.
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