Financing type:  non-brokered private placement

Gross proceeds:  $1.1-million

Offering:  10 million listed shares with 10 million warrants attached

Offering price:  11 cents per listed share

Warrant exercise terms:  20 cents per listed share for a three-year period, subject to an acceleration right

Disclosure:  Refer to the company's news releases dated May 7, 2025, and June 3, 2025.