Financing type:  non-brokered private placement

Gross proceeds:  $250,000

Offering:  4,166,667 listed shares with 2,083,333 warrants attached

Offering price:  six cents per listed share

Warrant exercise terms:  7.5 cents per listed share for a two-year period

Commissions in securities:  105,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into a common share at six cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 9, 2026, and Jan. 29, 2026.