Financing type:  brokered private placement

Gross proceeds:  $6-million

Offering:  35,294,117 listed shares with 17,647,058 warrants

Offering price:  17 cents per listed share

Warrant exercise terms:  25 cents per listed share for a two-year period

Commissions in securities:  Red Cloud Securities Inc. (lead), 1,893,705 warrants

Commission terms:  Each non-transferable warrant is exercisable at 17 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated March 12, 2025, and March 27, 2025.