Financing type:  non-brokered private placement

Gross proceeds:  $1,112,736

Offering:  13,909,200 listed shares with 6,954,600 warrants attached

Offering price:  8.0 cents per listed share

Warrant exercise terms:  12 cents per listed share for a two-year period

Commissions in securities:  177,825 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 12 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 10, 2025, Jan. 13, 2025, Jan. 27, 2025, and Feb. 27, 2025.