Financing type:  non-brokered private placement

Gross proceeds:  $5.5-million

Offering:  10 million common listed shares with five million warrants

Offering price:  55 cents per common listed share

Warrant exercise terms:  85 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  334,320 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 85 cents for a one-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated April 2, 2026, April 13, 2026, and April 29, 2026.