Financing type:  non-brokered private placement

Offering:  180 convertible debenture units (Each debenture comprises $1,000 secured principal amount and 20,000 common share purchase warrants.)

Conversion price:  five cents per listed share

Maturity date:  Jan. 9, 2027

Interest rate:  12 per cent per annum

Warrant exercise terms:  five cents per listed share for a one-year period, subject to an automatic extension provision upon the automatic conversion of the debentures

Public disclosure:  Refer to the company's news releases dated Nov. 26, 2025, and Jan. 9, 2026.