Financing type:  non-brokered private placement

Gross proceeds:  $3,267,800

Offering:  16,339,000 listed shares with 8,169,500 warrants

Offering price:  20 cents per listed share

Warrant exercise terms:  35 cents per listed share for a two-year period

Commissions in securities:  831,840 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 35 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 20, 2025, Feb. 11, 2025, and Feb. 13, 2025.