Financing type:  non-brokered private placement

Gross proceeds:  $1,775,000

Offering:  11,093,750 listed shares with 11,093,750 warrants

Offering price:  16 cents per listed share

Warrant exercise terms:  22 cents per listed share for a three-year period, subject to an acceleration right

Commissions in securities:  149,450 finders' warrants

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

Disclosure:  Refer to the company's news releases dated Sept. 9, 2024, Nov. 1, 2024, and Nov. 20, 2024.