Financing type:  non-brokered private placement

Gross proceeds:  $5,552,300

Offering:  22,209,200 units (Each unit consists of one common share in the capital of the company and one transferable common share purchase warrant.)

Offering price:  25 cents per unit

Warrant exercise terms:  30 cents per warrant for a two-year period

Non-cash commissions:  100,000 finders' warrants

Commission terms:  Each non-transferable finder's warrant is exercisable at 30 cents for a two-year period.

Public disclosure:  Refer to the company's news releases dated July 9, 2024, and July 18, 2024.