Financing type:  non-brokered private placement

Gross proceeds:  $2.5-million

Offering:  25 million listed shares with 12.5 million warrants attached

Offering price:  10 cents per listed share

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

Commissions in securities:  459,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated Feb. 2, 2026, and March 2, 2026.