Financing type: bought deal prospectus offering
Gross proceeds: $11,500,092
Offering: 22,549,200 listed shares with 11,274,600 warrants
Offering price: 51 cents per unit
Warrant exercise terms: 60 cents per listed share until July 14, 2028
Overallotment option: The underwriters may purchase a maximum of 2,941,200 units for overallotment purposes. As of July 14, 2026, such option has been fully exercised. All information presented herein includes such exercise.
Commissions in securities: 647,076 broker warrants (three brokers)
Broker warrant terms: Each broker warrant is non-transferable and exercisable into one broker unit at 51 cents for a period of 18 months from the date of issuance. Each broker unit comprises one listed share and one-half warrant. Each whole warrant is exercisable at an exercise price of 60 cents until July 14, 2028.
Disclosure: Refer to the prospectus dated July 9, 2026, and the company's news releases dated July 7, 2026, and July 14, 2026.
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