Financing type:  non-brokered private placement

Gross proceeds:  $400,000

Offering:  eight million listed shares with four million warrants

Offering price:  five cents per listed share

Warrant exercise terms:  eight cents per listed share for an 18-month period

Commissions in securities:  480,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at five cents for an 18-month period.

Disclosure:  Refer to the company's news release dated Dec. 27, 2024.