Financing type:  non-brokered private placement

Gross proceeds:  $10,236,486.65

Offering:  15,748,441 flow-through listed shares with 7,874,221 warrants

Offering price:  65 cents per flow-thought listed share

Warrant exercise terms:  $1.10 per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  847,252 finders' warrants

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

Disclosure:  Refer to the company's news releases dated April 24, 2026, and May 9, 2026.