Financing type:  non-brokered private placement

Gross proceeds:  $1.56-million

Offering:  5.2 million listed shares with 5.2 million warrants attached

Offering price:  30 cents per listed share

Warrant exercise terms:  45 cents per listed share for a two-year period

Commissions in securities:  416,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 45 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Dec. 31, 2025, and Jan. 30, 2026.