Financing type:  non-brokered private placement, first tranche

Gross proceeds:  $3,313,797.60

Offering:  2,761,498 listed shares with 2,761,498 warrants attached

Offering price:  $1.20 per listed share

Warrant exercise terms:  $1.59 per warrant for a three-year period

Public disclosure:  Refer to the company's news release dated Oct. 7, 2024.