Financing type:  non-brokered private placement

Offering:  $7.5-million principal amount of convertible debenture, convertible into 37,128,713 listed shares

Conversion price:  20.2 cents per listed share

Maturity date:  60 months from the date of issuance

Interest rate:  12.5 per cent per annum

Disclosure:  Refer to the company's news releases dated Oct. 21, 2024.