Financing type: non-brokered private placement
Gross proceeds: $5,005,278.32
Offering: 15,931,486 flow-through (FT) listed shares with 15,931,486 flow-through warrants attached;
30,935,000 listed shares with 30,935,000 warrants attached
Offering price: 12 cents per FT listed share; 10 cents per listed share
Warrant exercise terms: 20 cents per FT warrant for a period of 36 months from date of issuance, subject to an acceleration provision;
20 cents per warrant for a period of 36 months from date of issuance, subject to an acceleration provision
Non-cash commissions: 1,215,019 finders' warrants (FT); 1,920,400 finders' warrants
Commission terms: Each non-transferrable flow-through broker's warrant is exercisable at 12 cents for a period of 12 months from the date of issuance. Each non-transferrable broker's warrant is exercisable at 10 cents for a period of 12 months from the date of issuance.
Public disclosure: Refer to the company's news releases dated May 1, 2026, May 28, 2026, and June 5, 2026.
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