Effective Aug. 11, 2026, the company's short form prospectus dated Aug. 11, 2026, was filed with and accepted by the TSX Venture Exchange. The exchange has been advised that closing occurred on Aug. 18, 2026, for aggregate gross proceeds of $11,500,357 (including the exercise of the overallotment option).

Underwriters:  ATB Cormark Capital Markets and SCP Resource Finance LP, as co-lead underwriters and co-bookrunners, and Canaccord Genuity Corp.

Offering:  28,049,650 common shares of the company (including those shares issued pursuant to the exercise of the overallotment option) (The offering was completed on a bought-deal basis.)

Unit price:  41 cents per share

Underwriters' commissions:  The company paid to the underwriters cash commissions representing: (i) 6 per cent of the gross proceeds of the offering, other than the gross proceeds raised from certain sales pursuant to a president's list and the portion of SCP's commissions paid as SCP shares; and (ii) 2 per cent of the gross proceeds raised from president's list sales. SCP has elected to take 50 per cent of its commission in shares and, accordingly, 326,839 shares were issued to SCP.

Overallotment option:  The company granted to the underwriters an option to purchase additional units, up to 15 per cent of the offering. The overallotment option was exercised in full at closing.

For further details, please refer to the company's news releases dated July 28, 2026, July 29, 2026, Aug. 12, 2026, Aug. 17, 2026, and Aug. 18, 2026.