Financing type:  non-brokered private placement

Gross proceeds:  $8,592,347.50

Offering:  7,811,225 listed shares with 3,905,611 warrants attached

Offering price:  $1.10 per listed share

Warrant exercise terms:  $1.50 per listed share for a three-year period

Commissions in securities:  268,380 finders' warrants

Commission terms:  Each non-transferable finder's warrant is exercisable at $1.10 into one share and one-half of one warrant. Each warrant is exercisable at $1.50 for a three-year period.

Disclosure:  Refer to the company's news releases dated May 13, 2026, and June 9, 2026.