Financing type:  non-brokered private placement

Gross proceeds:  $1,004,000

Offering:  10.04 million listed shares with 5.02 million warrants attached

Offering price:  10 cents per listed share

Warrant exercise terms:  25 cents per listed share for a two-year period

Commissions in securities:  714,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Dec. 8, 2025, and Jan. 15, 2026.