Financing type:  non-brokered private placement

Gross proceeds:  $12,506,722.45

Offering:  13,164,971 flow-through listed shares with 6,582,486 warrants attached

Offering price:  95 cents per flow-through listed share

Warrant exercise terms:  $1.20 per listed share for a two-year period

Commissions in securities:  675,532 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.20 for a two-year period.

Disclosure:  Refer to the company's news releases dated Nov. 18, 2025, Nov. 25, 2025, Dec. 4, 2025, Dec. 11, 2025, and Jan. 22, 2026.