Further to the TSX Venture Exchange bulletin dated Oct. 20, 2022, the exchange has accepted for filing documentation with respect to an amendment to the maturity date of the following convertible debentures.

Convertible debentures:  $275,000 principal amount in aggregate

Conversion price:  convertible into units at 50 cents per unit for the first year and at $1 per unit until maturity (Each unit consists of one common share and one common share purchase warrant.)

Maturity date:  $175,000 principal amount to mature on Jan. 25, 2026 (new); $50,000 principal amount to mature on Jan. 29, 2026 (new); $50,000 principal amount to mature on Feb. 28, 2026 (new) (All maturity dates are subject to an automatic conversion clause.)

Interest rate:  5 per cent per annum

Warrant exercise terms:  Each warrant is exercisable into 80 cents per common share for a three-year period following the issuance of the warrant but prior to five years following the issuance of the debentures, being July 25, 2027, July 29, 2027, and Aug. 30, 2027, respectively, subject to an acceleration right (new).

These debentures were issued prior to the company's share consolidation on a one-new-for-10-old basis, which was accepted for filing by the exchange effective Feb. 12, 2024.

For more information, please refer to the company's news releases dated June 23, 2022, July 23, 2022, July 28, 2022, Aug. 30, 2022, Oct. 14, 2022, July 30, 2025, and Sept. 5, 2025.