Financing type:  non-brokered private placement

Gross proceeds:  $5,380,346

Offering:  107,606,920 common shares and 107,606,920 warrants

Offering price:  five cents per share

Warrant exercise terms:  eight cents per listed share for a two-year period, subject to accelerated expiry

Commissions in securities:  592,334 finders' shares and 3,880,784 finders' warrants

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

Disclosure:  Refer to the company's news releases dated May 12, 2025, and July 3, 2025.