Financing type:  non-brokered private placement

Gross proceeds:  $4.1-million

Offering:  20.5 million listed shares with 20.5 million warrants attached

Offering price:  20 cents per listed share

Warrant exercise terms:  28 cents per listed share for a three-year period

Commissions in securities:  52,500 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 28 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated Oct. 2, 2025, Oct. 16, 2025, and Oct. 22, 2025.