Financing type:  brokered and non-brokered private placement

Gross proceeds:  $3,022,000 (brokered); $128,000 (non-brokered)

Offering:  18,887,500 shares with 18,887,500 warrants attached (brokered); 800,000 shares with 800,000 warrants attached (non-brokered)

Offering price:  16 cents per listed share

Warrant exercise terms:  20 cents per listed share for a three-year period

Commissions in securities:  1,605,437 finders' shares and 3,116,437 finders' warrants

Commission terms:  Of the 1,605,437 warrants, each non-transferable warrant is exercisable into one common share at a price of 20 cents for a period of three years from the date of issuance. Of the 1,511,000 warrants, each non-transferable warrant is exercisable into one unit at a price of 16 cents for a period of three years from the date of issuance. Each unit consists of terms identical to those of the units issued under the private placement.

Disclosure:  Refer to the company's news releases dated Oct. 20, 2025, Dec. 22, 2025, Jan. 7, 2026, Jan. 10, 2026, and Jan. 21, 2026.