Financing type:  non-brokered private placement

Gross proceeds:  $35.04-million

Offering:  seven million flow-through listed shares; three million non-flow-through listed shares

Offering price:  $3.87 per flow-through listed share; $2.65 per non-flow-through listed share

Commissions in securities:  300,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $2.65 for a two-year period.

Disclosure:  Refer to the company's news releases dated June 22, 2026, and July 15, 2026.