Financing type:  non-brokered private placement

Gross proceeds:  $4,970,450

Offering:  49.15 million flow-through listed shares with 24,575,000 warrants attached; 27.65 million non-flow-through listed shares with 13,825,000 warrants attached

Offering price:  7.3 cents per flow-through listed share; five cents per non-flow-through listed share

Warrant exercise terms:  15 cents per listed share for a 20-month period

Commissions in securities:  240,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into a common share at 15 cents for a 20-month period.

Disclosure:  Refer to the company's news releases dated May 8, 2026, and May 13, 2026.