Loan value:  $1,073,000

Bonus securities:  9.5 million warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a two-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Aug. 29, 2025, and Dec. 10, 2025.

The loan value of $1,073,000 represents the extension of existing loans, which combines the original principal amount of $950,000 and $123,000 in accrued interest. Furthermore, the original bonus warrants issued in connection with the initial loans have expired without being exercised into any shares.