Financing type:  non-brokered private placement

Offering:  $4,352,000 (Canadian) ($3.2-million (U.S.)) principal amount of convertible debentures, convertible 12.8 million listed shares

Conversion price:  34 Canadian cents (25 U.S. cents) per listed share

Maturity date:  two years from the date of issuance

Interest rate:  1 per cent per annum

Public disclosure:  Refer to the company's news releases dated Feb. 11, 2026, and May 12, 2026.