Financing type:  non-brokered private placement

Gross proceeds:  $260,000

Offering:  5.2 million listed shares with 5.2 million warrants attached

Offering price:  five cents per listed share

Warrant exercise terms:  10 cents per listed share for a two-year period

Commissions in securities:  189,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 21, 2026, Jan. 27, 2026, and Feb. 5, 2026.