Financing type:  non-brokered private placement

Gross proceeds:  $1,600,000.40

Offering:  3,409,090 flow-through (FT) shares; 263,160 non-flow-through (NFT) shares with 263,160 warrants

Offering price:  44 cents per FT share; 38 cents per NFT share

Warrant exercise terms:  48 cents per FT share for a six-month period and 55 cents for the next 18-month period, subject to an acceleration right

Commissions in securities:  111,441 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 48 cents for a six-month period and 55 cents for the next 18-month period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Dec. 17, 2024, and Dec. 23, 2024.