Financing type:  non-brokered private placement

Gross proceeds:  $3,275,350

Offering:   8,188,375 listed shares with 8,188,375 warrants

Offering price:  40 cents per listed share

Warrant exercise terms:  50 cents per listed share for a three-year period

Commissions in securities:   392,310 warrants

Commission terms:   each non-transferable warrant is exercisable at 50 cents for a three-year period

Disclosure:  refer to the company's news release(s) dated Jan. 5, 2026, Jan. 15, 2026, and Jan. 29, 2026