Financing type: non-brokered private placement
Gross proceeds: $3-million
Offering: 12.5 million units with 6,249,999 warrants attached
Offering price: 24 cents per unit
Warrant exercise terms: 38 cents for a period of one year from the date of issuance
Total pro group involvement: 701,180 (eight pro groups)
Total insider involvement: 40,000 (one insider)
Finders' fees: $105,302.64 cash and 438,761 warrants
Commission terms: Each broker warrant is exercisable into one common share at a price of 24 cents per share for a period of one year from the date of issuance.
Public disclosure: Refer to the company's news releases dated Feb. 11, 2026, Feb. 13, 2026, and March 27, 2026.
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