Financing type:  non-brokered private placement

Gross proceeds:  $5,845,000 (U.S.) (approximately $8,005,312 (Canadian))

Offering:  2,922,500 listed shares

Offering price:  $2 (U.S.) (approximately $2.7392 (Canadian)) per listed share

Commission:  $375,000 (U.S.)

Public disclosure:  Refer to the company's news releases dated June 26, 2024, and July 5, 2024.