Financing type:  non-brokered private placement

Offering:  $3,872,000 principal amount of convertible debenture convertible into 7,744,000 listed shares with 4,913,568 warrants

Offering price:  50 cents per listed share

Maturity date:  June 27, 2026

Interest rate:  12.5 per cent per annum

Warrant exercise terms:  2,977,568 warrants at 65 cents per listed share for a two-year period; 1,936,000 warrants at $1 per listed share for a two-year period

Disclosure:  Refer to the company's news releases dated June 16, 2025, and July 2, 2025.