Financing type: non-brokered private placement
Gross proceeds: $9,281,044
Offering: 147.92 million common shares with 147.92 million warrants attached;
31,417,400 flow-through common shares
Offering price: five cents per common share; six cents per flow-through common share
Warrant exercise terms: eight cents per listed share for a three-year period, subject to an acceleration right
Commissions in securities: 1,821,024 finders' shares and 1,663,044 finders' warrants
Commission terms: Each non-transferable finder warrant is exercisable at five cents for a three-year period.
Disclosure: Refer to the company's news releases dated March 3, 2025, March 24, 2025, April 3, 2025, April 10, 2025, and May 6, 2025.
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