Financing type:  non-brokered private placement

Gross proceeds:  $2,685,500

Offering:  10,742,000 flow-through listed shares with 5,371,000 warrants attached

Offering price:  25 cents per flow-through listed share

Warrant exercise terms:  28 cents per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  100,000 finders' shares and 859,360 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents for a two-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Dec. 1, 2025, Dec. 19, 2025, and Dec. 31, 2025.