Further to the TSX Venture Exchange bulletin dated Nov. 19, 2024, regarding an at-the-market (ATM) offering of common shares of the company made pursuant to the company's prospectus supplement dated July 17, 2024, the exchange has accepted for filing documentation with respect to the sales set out below under the ATM distribution. The company raised aggregate gross proceeds of $423,142 pursuant to the ATM distribution during the quarterly period beginning on July 1, 2025, and ending on Sept. 17, 2025, as set out below.
Agent: BMO Nesbitt Burns Inc.
Offering: 12,412,000 common shares in the capital of the company in aggregate during the quarterly period
Share price: varying prices during the quarterly period, with an average sale price of 3.4 cents per share
Agents' warrants: none
Overallotment option: none
Agent's commission: up to 3 per cent of the gross proceeds of the offering, being an aggregate cash
payment of $12,694 for the quarterly period
The exchange has been advanced that the ATM distribution was terminated on Sept. 17, 2025. For further information, please refer to the company's prospectus and prospectus supplement, and the news releases dated July 18, 2024, Nov. 12, 2024, Feb. 14, 2025, April 10, 2025, Aug. 7, 2025, Sept. 18, 2025, and Oct. 20, 2025, all of which are available under the company's SEDAR+ profile.
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