Financing type:  non-brokered private placement

Gross proceeds:  $2.5-million

Offering:  50 million listed shares with 25 million warrants attached

Offering price:  five cents per listed share

Warrant exercise terms:  six cents per warrant for a two-year period

Commissions in securities:  3,729,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into a common share at five cents for a two-year period.

Public disclosure:  Refer to the company's news releases dated Oct. 29, 2025, Dec. 11, 2025, Jan. 7, 2026, and Jan. 22, 2026.