The TSX Venture Exchange has consented to the increase in the exercise price of the following warrants.

Number of warrants:  909,091 (postconsolidation)

Expiry date of warrants:  Feb. 26, 2027 (unchanged)

Forced exercise provision:  If the closing price for the company's shares is 43.75 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants; otherwise, the warrants will expire on the 31st day.

Original exercise price of warrants:  $2 (postconsolidation)

New exercise price of warrants:  35 cents (new postconsolidation)

The company consolidated its capital on a one-new-for-10-old basis, effective Nov. 26, 2024. These warrants were issued pursuant to a private placement of 9,090,909 shares (preconsolidation) with 9,090,909 share purchase warrants (preconsolidation) attached, which was accepted for filing by the exchange effective March 8, 2024.