Financing type:  brokered private placement

Gross proceeds:  $19,500,600

Offering:  27,858,000 listed shares with 13,929,000 warrants

Offering price:  70 cents per listed share

Warrant exercise terms:  85 cents per listed share for a one-year period

Commissions in securities:  Beacon Securities Ltd. (lead), 1,529,745 warrants; Canaccord Genuity Corp., 269,955 warrants

Commission terms:  Each non-transferable warrant is exercisable at 70 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated July 24, 2025, and July 31, 2025.