Financing type:  non-brokered private placement

Offering:  $3-million principal amount of convertible debenture, convertible into 14,851,485 listed shares

Conversion price:  20.2 cents per listed share

Maturity date:  Oct. 21, 2029

Interest rate:  12.5 per cent per annum

Disclosure:  Refer to the company's news release dated June 19, 2025.