Financing type:  brokered private placement

Gross proceeds:  $1.17-million

Offering:  4.68 million listed shares with 4.68 million warrants attached

Offering price:  25 cents per listed share

Warrant exercise terms:  30 cents per listed share for a three-year period from the closing date of the private placement

Commissions in securities:  468,000 finders' shares and 842,400 finders' warrants

Commission terms:  For 468,000 warrants, each non-transferable warrant is exercisable into one common share at a price of 30 cents for a period of three years from the closing date of the private placement. For 374,400 warrants, each non-transferable warrant is exercisable into one unit at a price of 25 cents per unit for a period of three years from the closing date of the private placement. Each unit consists of terms identical to those of the units issued under the private placement.

Disclosure:  Refer to the company's news releases dated April 6, 2026, April 17, 2026, and April 27, 2026.