Financing type:  non-brokered private placement

Gross proceeds:  $1,082,500

Offering:  4.33 million flow-through (FT) shares with 2,165,000 warrants

Offering price:  25 cents per FT share

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

Commissions in securities:  259,800 finders' warrants

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

Disclosure:  Refer to the company's news releases dated Dec. 17, 2024, and Dec. 20, 2024.