Financing type:  non-brokered private placement

Gross proceeds:  $3-million

Offering:  30 million listed shares with 30 million warrants attached

Offering price:  10 cents per listed share

Warrant exercise terms:  for a three-year period at 17.5 cents, subject to an acceleration right

Commissions in securities:  2,093,500 finders' warrants

Commission terms:  2,009,500 non-transferable warrants exercisable at 10 cents for a three-year period, subject to an acceleration right (The balance of the non-transferable warrants is exercisable at 17.5 cents for a three-year period, subject to an acceleration right.)

Disclosure:  Refer to the company's news releases dated June 10, 2026, July 27, 2026, and Aug. 18, 2026.