Financing type:  non-brokered private placement

Gross proceeds:  $2,303,555.75

Offering:  9,214,223 listed shares with 9,214,223 warrants

Offering price:  25 cents per listed share

Warrant exercise terms:  40 cents per listed share for a two-year period

Commissions in securities:  3,600 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Feb. 5, 2025, Feb. 12, 2025, Feb. 24, 2025, and March 3, 2025.