Financing type:  non-brokered private placement

Gross proceeds:  $2.3-million

Offering:  46 million listed shares with 46 million warrants attached

Offering price:  five cents per listed share

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

Commissions in securities:  945,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into a common share at five cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 28, 2026, and Feb. 25, 2026.