Financing type:  brokered private placement

Gross proceeds:  $40,002,600

Offering:  24,244,000 listed shares

Offering price:  $1.65 per listed share

Commissions in securities:  1,363,686 warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.65 for a two-year period.

Disclosure:  Refer to the company's news releases dated Sept. 8, 2025, and Sept. 16, 2025.