Financing type: non-brokered private placement
Gross proceeds: $4,262,500
Offering: 85.25 million listed shares with 85.25 million warrants attached
Offering price: five cents per listed share
Warrant exercise terms: eight cents per listed share for a five-year period, subject to an acceleration right
Commissions in securities: 770,000 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at eight cents for a five-year period, subject to an acceleration right.
Disclosure: Refer to the company's news releases dated June 11, 2026, July 31, 2026, and Aug. 7, 2026.
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