Financing type:  non-brokered private placement

Gross proceeds:  $500,000

Offering:  two million listed shares with one million warrants attached

Offering price:  25 cents per listed share

Warrant exercise terms:  35 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  48,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 35 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated Feb. 6, 2026, and Feb. 23, 2026.