Financing type:  non-brokered private placement

Offering:  $300,000 principal amount of unsecured convertible debentures, convertible into six million listed shares

Conversion price:  five cents per listed share

Maturity date:  Dec. 2, 2026

Interest rate:  The principal amount of the unsecured convertible debenture bears interest at the rate of 10 per cent per annum.

Public disclosure:  Refer to the company's news releases dated Nov. 5, 2025, and Dec. 23, 2025.