Financing type:  brokered private placement

Gross proceeds:  $5,005,000

Offering:  7.15 million listed shares with 3,575,000 warrants attached

Offering price:  70.0 cents per listed share

Warrant exercise terms:  95 cents per listed share for a three-year period

Commissions in securities:  Red Cloud Securities Inc., 400,464 warrants; Kilcona Capital Ltd., 38,780 warrants; Canaccord Genuity Corp., 2,275 warrants

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

Disclosure:  Refer to the company's news releases dated May 21, 2025, and June 6, 2025.