Financing type:  non-brokered private placement

Gross proceeds:  $27,499,999.02

Offering:  35,256,409 listed shares with 35,256,409 warrants attached

Offering price:  78 cents per listed share

Warrant exercise terms:  $1.10 per warrant for a five-year period, subject to an acceleration right

Non-cash commissions:  1,025,000 finders' shares and 1,025,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.10 for a five-year period, subject to an acceleration right.

Public disclosure:  Refer to the company's news releases dated June 5, 2024, June 10, 2024, June 14, 2024, and June 21, 2024.