Financing type:  non-brokered private placement

Gross proceeds:  $4,530,500

Offering:  22,652,500 listed shares with 11,326,250 warrants attached

Offering price:  20 cents per listed share

Warrant exercise terms:  35 cents per listed share for 30-months period

Commissions in securities:  1,071,175 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for 30-months period.

Disclosure:  Refer to the company's news releases dated Dec. 5, 2025, Dec. 16, 2025, and Dec. 19, 2025.