Financing type:  non-brokered private placement

Gross proceeds:  $5,509,904.35

Offering:  3,096,481 flow-through listed shares with 1,548,241 warrants; 1,856,144 additional flow-through listed shares with 928,072 warrants

Offering price:  $1.15 per flow-through listed share; $1.05 per additional flow-through listed share

Warrant exercise terms:  $1.15 per listed share for a three-year period; $1.15 per listed share for a three-year period

Commissions in securities:  293,558 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at $1.10 for a three-year period.

Disclosure:  Refer to the company's news releases dated Nov. 25, 2025, Dec. 8, 2025, and Dec. 18, 2025.