Financing type:  brokered private placement

Gross proceeds:  $7,801,653.60

Offering:  28,643,880 flow-through listed shares with 14,321,940 warrants attached; 9,375,000 non-flow-through listed shares with 4,687,500 warrants attached

Offering price:  22 cents per flow-through listed share; 16 cents per non-flow-through listed share

Warrant exercise terms:  24 cents per listed share for a three-year period

Commissions in securities:  2,902,572 agents' warrants

Commission terms:  Each non-transferable warrant is exercisable at 16 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated April 30, 2026, and May 14, 2026.