Financing type:  non-brokered private placement

Offering:  $1,213,000 principal amount of $1,000 convertible debenture units (Each unit is convertible into 9,524 listed shares and 4,762 common share purchase warrants.)

Conversion price:  10.5 cents per listed share

Maturity date:  March 25, 2028

Interest rate:  7 per cent per annum

Warrant exercise terms:  15 cents per listed share for a 36-month period from the date of issuance

Non-cash commissions:  808,667 finders' warrants

Commission terms:  Each non-transferrable warrant is exercisable at 10.5 cents for a period of two years from the date of issuance.

Public disclosure:  Refer to the company's news releases dated March 17, 2026, March 20, 2026, March 25, 2026, and April 28, 2026.