The TSX Venture provides final acceptance for the following.

Financing type:  brokered private placement

Gross proceeds:  $62.5-million

Offering:  four million common shares with no warrants attached; one million units with 250,000 warrants attached

Offering price:  $12.50 per common share; $12.50 per unit

Warrant exercise terms:  $18 per listed share for a period of 18 months from the date of issuance

Total pro group involvement:  18,500 (two pro groups)

Total insider involvement:  98,000 (three insiders)

Total insider involvement:  800,000 (one insider)

Finders' fees:  $3,114,875 cash

Four million common shares:  issued pursuant to the listed issuer financing exemption (LIFE) and not subject to a hold period

One million units:  issued pursuant to the private placement exemption and subject to a four-month hold period expiring June 20, 2026

Refer to the company's news releases dated Jan. 29, 2026, and Feb. 19, 2026.