Financing type:  non-brokered private placement

Gross proceeds:  $2,725,000

Offering:  2,725 debentures

Conversion price:  $1 per listed share

Maturity date:  two years from the date of issuance, subject to acceleration

Interest rate:  10 per cent per annum, paid semi-annually

Public disclosure:  Refer to the company's news releases dated Nov. 12, 2024, and Dec. 13, 2024.