Financing type:  non-brokered private placement

Gross proceeds:  $6.25-million

Offering:  37,522,500 flow-through listed shares; 1.54 million listed shares with 770,000 warrants attached

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

Warrant exercise terms:  22 cents per listed share for a two-year period

Commissions in securities:  1,311,360 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 22 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Oct. 22, 2026, and Oct. 26, 2026.