Financing type:  non-brokered private placement

Offering:  $1-million principal amount of convertible debentures, convertible into 2,857,142 shares

Conversion price:  35 cents per listed share

Maturity date:  July 31, 2027

Interest rate:  8 per cent per annum

Public disclosure:  Refer to the company's news releases dated Aug. 6, 2025, and Oct. 17, 2025.