Financing type: non-brokered private placement
Gross proceeds: $1,165,008.05
Offering: 14,636,510 flow-through (FT) listed shares with 7,318,255 flow-through warrants attached;
7.2 million listed shares with 7.2 million warrants attached
Offering price: 5.5 cents per FT listed share; five cents per listed share
Warrant exercise terms: 7.5 cents per FT warrant for a period of 12 months from date of issuance;
7.5 cents per warrant for a period of 36 months from date of issuance
Non-cash commissions: 818,190 finders' FT warrants and 300,000 finders' warrants
Commission terms: Each non-transferable FT warrant is exercisable at 7.5 cents for a 12-month period.
Each non-transferable warrant is exercisable at 7.5 cents for a 36-month period.
Public disclosure: Refer to the company's news releases dated Oct. 21, 2025, Oct. 29, 2025, and Nov. 17, 2025.
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