Financing type:  brokered and non-brokered private placement

Offering:  $300-million (U.S.) principal amount of convertible senior notes, convertible into 81,632,640 listed shares

Conversion price:  $3.675 (U.S.) per listed share

Maturity date:  61 months

Interest rate:  4.125 per cent per annum

Commissions in securities:  1,279,536 warrants at $3.68 (U.S.) for 61 months

Disclosure:  Refer to the company's news releases dated May 21, 2026, May 26, 2026, and June 1, 2026.