Financing type:  non-brokered private placement

Gross proceeds:  $2,072,750

Offering:  1,888,889 NFT (non-flow-through) units with 1,888,889 warrants attached; 18,141,664 FT (flow-through) CMETC (critical mineral exploration tax credit) units with 9,070,832 warrants attached; three million FT units with 1.5 million warrants attached

Offering price:  nine cents per NFT unit; nine cents per FT CMETC unit; nine cents per FT unit

Warrant exercise terms:  13 cents per listed share for a period of two years following the closing date (subject to an acceleration clause)

Aggregate insider involvement:  2,222,222 units (one insider)

Finders' fees:  $37,800 cash and 420,000 finders' warrants

Commission terms:  Each finder's warrant is exercisable at 13 cents for a period of two years following the closing date, subject to acceleration.

Refer to the company's news releases dated Feb. 18, 2026, Feb. 20, 2026, and March 12, 2026.