Financing type: non-brokered private placement
Gross proceeds: $3,749,999.85
Offering: 8,333,333 listed shares with 8,333,333 warrants attached
Offering price: 45 cents per listed share
Warrant exercise terms: 63 cents per listed share for a two-year period, subject to an acceleration right
Commissions in securities: 111,111 finders' shares and 377,831 finders' warrants
Commission terms: 266,720 broker warrants, each exercisable at 45 cents for a two-year period; 111,111 corporate finance warrants, each exercisable at 63 cents for a two-year period, subject to an acceleration right
Disclosure: Refer to the company's news releases dated Feb. 6, 2026, Feb. 9, 2026, and March 3, 2026.
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