Convertible debenture:  $270,000 of secured convertible debentures (Each debenture unit consists of $1,000 of principal amount and 5,000 common share purchase warrants.)

Conversion price:  The principal in the debentures are convertible into 10,000 common shares of the company at a conversion price of 10 cents per share and 5,000 share purchase warrants.

Maturity date:  24 months from the date of issuance

Warrants:  Each warrant shall entitle the holder to purchase one share at an exercise price of 15 cents per share for a 36-month period from the date of issuance.

Interest rate:  15 per cent per annum

Finder's fee:  One finder received 70,000 finder's warrants, with an exercise price of 10 cents per finder's warrant with an expiry date of Dec. 24, 2027.

Disclosure:  Oct. 27, 2025, Dec. 19, 2025, and Dec. 24, 2025