Financing type:  non-brokered private placement

Gross proceeds:  $774,999.96

Offering:  5,535,714 common listed shares with 5,535,714 warrants

Offering price:  14 cents per listed share

Warrant exercise terms:  20 cents per listed share for a three-year period, subject to an acceleration right

Commissions in securities:  66,500 finders' shares and 66,500 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated May 6, 2025, and May 9, 2025.