Financing type:  non-brokered private placement

Gross proceeds:  $3,999,999.96

Offering:  22,222,222 listed shares with 11,111,112 warrants attached

Offering price:  18 cents per listed share

Warrant exercise terms:  28 cents per listed share for a three-year period

Non-cash commissions:  557,725 finders' shares and 343,018 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 28 cents for a three-year period.

Public disclosure:  Refer to the company's news release dated Nov. 6, 2025.