Further to the TSX Venture Exchange bulletin dated Dec. 19, 2025, and the expiry of the company's rights offering on Jan. 21, 2026, the exchange has accepted for filing the rights offering pursuant to which 25,476,484 units at a price of 7.2 cents were issued for gross proceeds of $1,834,306.85. Each unit consists of one share and one share purchase warrant. Each share purchase warrant and 12 cents entitles the buyer to purchase one share of the company on or before Oct. 15, 2030.

For further information, please refer to the company's news release dated Jan. 28, 2026.