Financing type:  non-brokered private placement

Gross proceeds:  $4,199,998.68 (Canadian) ($2,999,999.06 (U.S.))

Offering:  6,976,742 non-flow-through listed shares with 6,976,742 warrants attached

Offering price:  60.2 Canadian cents (43 U.S. cents) per non-flow-through listed share

Warrant exercise terms:  $1.246 (Canadian) (89 U.S. cents) per listed share for a five-year period, subject to an acceleration right

Commissions in securities:  161,265 finders' shares and 4,665 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.246 for a five-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Oct. 24, 2024, Dec. 2, 2024, Dec. 17, 2024, Dec. 19, 2024, Dec. 23, 2024, and Jan. 8, 2025.