Financing type:  non-brokered private placement

Gross proceeds:  $2,586,019.56

Offering:  21,550,163 listed shares with 21,550,163 warrants attached

Offering price:  12 cents per listed share

Warrant exercise terms:  16 cents per listed share for a three-year period

Commissions in securities:  783,150 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 16 cents for a three-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Dec. 24, 2024, Jan. 21, 2025, Feb. 18, 2025, and Feb. 27, 2025.