Further to the TSX Venture Exchange bulletin dated April 16, 2025, the exchange has accepted for filing the following replacement debentures.

Financing type:  non-brokered private placement

Original offering:  $710,000 principal amount of convertible debentures convertible into 1,868,421 listed shares

Amended offering:  $510,000 principal amount of convertible debentures convertible into 1,593,750 listed shares

Original conversion price:  38 cents per listed share

Amended conversion price:  32 cents per listed share

Original maturity date:  March 1, 2026

Amended maturity date:  March 1, 2027

Interest rate:  10 per cent per annum (unchanged)

Disclosure:  Refer to the company's news release dated March 5, 2026.

The debentures replaced the $710,000 convertible debentures announced on Feb. 28, 2025, March 31, 2025, and April 14, 2025, and accepted for filing by the exchange on April 16, 2025.

For further information, please refer to the company's news releases dated March 1, 2022, March 28, 2022, Feb. 28, 2025, March 31, 2025, April 14, 2025, and March 5, 2026.