Financing type:  brokered private placement

Gross proceeds:  $12,012,000

Offering:  92.4 million common shares with 92.4 million warrants attached

Offering price:  13 cents per common share

Warrant exercise terms:  20 cents per common share for a three-year period.

Commissions in securities:  Red Cloud Securities Inc. (lead), 4,793,470 warrants

Commission terms:  Each non-transferable warrant is exercisable at 13 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated May 21, 2025, May 29, 2025, May 30, 2025, June 5, 2025, and June 11, 2025.