The TSX Venture Exchange has accepted for filing a disposition of 0.75 per cent of the gross consolidated revenues of the company pursuant to a royalty agreement between the company and an arm's-length party (the grantee).

Pursuant to the terms of the agreement, the company will pay the royalty for a period of 15 years, payable quarterly, with cumulative payments to not exceed $750,000.

For further details, please refer to the company's news releases dated April 9, 2025, and April 28, 2025.