Financing type:  non-brokered private placement

Gross proceeds:  $2,479,226.58

Offering:  2,338,893 listed shares with 2,338,886 warrants

Offering price:  $1.06 per listed share

Warrant exercise terms:  $1.50 per listed share for a two-year period for Series A warrants and $2 per listed share for a three-year period for Series B warrants, subject to an acceleration right

Commissions in securities:  33,424 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.06 for a two-year period and entitles the holder to acquire one common share and one underlying warrant. Half of the underlying warrants are exercisable into one common share at $1.50 per listed share for a two-year period and another half at $2 per listed share for a three-year period.

Disclosure:  Refer to the company's news releases dated Oct. 1, 2025, Oct. 20, 2025, and Oct. 22, 2025.