Financing type:  non-brokered private placement

Gross proceeds:  $907,500

Offering:  3,025,000 listed shares with 3,025,000 warrants attached

Offering price:  30 cents per listed share

Warrant exercise terms:  40 cents per listed share for a two-year period, subject to an acceleration right

Commissions in securities:  116,666 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable into a common share at 40 cents for a two-year period, subject to an acceleration right.

Disclosure:  Refer to the company's news releases dated Dec. 30, 2025, and Jan. 30, 2026.