Financing type:  non-brokered private placement

Offering:  $3.3-million principal amount of convertible debentures, convertible into 8.25 million listed shares

Conversion price:  40 cents per listed share

Maturity date:  June 11, 2029

Interest rate:  10 per cent per annum

Warrant exercise terms:  50 cents per listed share for a three-year period

Disclosure:  Refer to the company's news release dated June 11, 2026.