Financing type:  non-brokered private placement

Gross proceeds:  $400,008

Offering:   3,809,600 flow-through listed shares

Offering price:  10.5 cents per flow-through listed share

Commissions in securities:  266,672 warrants

Commission terms:  each non-transferable warrant is exercisable at 10.5 cents for an 18-month period

Disclosure:  refer to the company's news release dated May 4, 2026