Financing type:  non-brokered private placement

Gross proceeds:  $11,500,000.02

Offering:  67,857,143 flow-through listed shares; 20 million non-flow-through listed shares

Offering price:  14 cents per flow-through listed share; 10 cents per non-flow-through listed share

Warrant exercise terms:  nil

Commissions in securities:  3,101,900 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 14 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Dec. 9, 2025, Dec. 12, 2025, Dec. 23, 2025, and Jan. 21, 2026.