Financing type:  non-brokered private placement

Gross proceeds:  $502,500

Non-flow-through (NFT) offering

Offering:  8.85 million non-flow-through shares attached with 8.85 million warrants

Offering price:  five cents per non-flow-through share

Warrant exercise terms:  10 cents per listed share for a two-year period

Commissions in securities:  288,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a two-year period.

Flow-through offering

Offering:  one million flow-through shares attached with one million warrants

Offering price:  six cents per flow-through share

Warrant exercise terms:  12 cents per listed share for a two-year period

Commissions in securities:  60,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 12 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Sept. 16, 2024, Nov. 11, 2024, and Dec. 6, 2024.