Financing type:  non-brokered private placement

Gross proceeds:  $2.5-million

Offering:  25 million flow-through listed shares with 12.5 million warrants

Offering price:  10 cents flow-through per listed share

Warrant exercise terms:  15 cents per listed share for a two-year period

Commissions in securities:  1.5 million finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 15 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Sept. 24, 2025, Oct. 3, 2025, and Oct. 15, 2025.