Financing type:  non-brokered private placement

Gross proceeds:  $4-million

Offering:  20 million listed shares with 20 million warrants

Offering price:  20 cents per listed share

Warrant exercise terms:  30 cents per listed share for a three-year period

Commissions in securities:  128,400 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 20 cents for a three-year period.

Disclosure:  Refer to the company's news releases dated Aug. 4, 2026, Aug. 7, 2026, and Aug. 14, 2026.