Financing type:  non-brokered private placement

Offering:  $1.02-million of face value, of which $1-million is principal amount of convertible debenture, convertible into 6.8 million listed shares with 6.8 million detachable warrants

Conversion price:  15 cents per listed share

Maturity date:  Feb. 17, 2028

Interest rate:  10.0 per cent per annum

Warrant exercise terms:  21 cents per listed share for a two-year period

Disclosure:  Refer to the company's news releases dated Feb. 2, 2026, and Feb. 17, 2026.