Private placement -- non-brokered

Financing type:  non-brokered private placement

Gross proceeds:  $12-million

Offering:  16 million listed shares

Offering price:  75 cents per listed share

Commissions in securities:  2,275,000 non-transferable warrants, each warrant entitling the holder thereof to purchase one common share at a price of 75 cents per common share for a period of five years following the closing of the private placement; 1,725,000 non-transferable warrants, each warrant entitling the holder thereof to purchase one common share at a price of 75 cents per common share for a period of four years following the closing of the private placement

Disclosure:  Refer to the company's news releases dated April 8, 2026, May 29, 2026, July 22, 2026, July 30, 2026, Aug. 24, 2026, and Sept. 2, 2026.