Further to the TSX Venture Exchange bulletin dated Feb. 14, 2025, the exchange has consented to the reduction in exercise price of the of the following warrants.

Private placement

Number of warrants:  1,721,610

Original exercise price of warrants:  $1.90

New exercise price of warrants:  90 cents (new)

Forced exercise provision:  If the closing price for the company's shares is $1.08 or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants; otherwise, the warrants will expire after the 30th day.

These warrants were issued pursuant to a private placement of $2,585,000 principal amount of convertible debentures, convertible into 1,723,316 common shares at $1.50 per common share, with 1,721,610 detachable warrants, which was accepted for filing by the exchange effective Feb. 14, 2025.

For further details, refer to the company's news releases dated July 30, 2025, Aug. 29, 2025, and Dec. 18, 2025.