Financing type:  brokered private placement

Gross proceeds:  $11.5-million

Offering:  28.75 million listed shares with 14,375,000 warrants attached

Offering price:  40 cents per listed share

Warrant exercise terms:  65 cents per listed share for a two-year period

Commissions in securities:  1,725,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into one common share at a price of 40 cents for a period of two years.

Disclosure:  Refer to the company's news releases dated Feb. 25, 2026, March 24, 2026, May 5, 2026, and May 13, 2026.