Financing type:  non-brokered private placement

Offering:  $3-million principal amount of convertible debenture convertible into 13,043,478 listed shares with 12 million detachable warrants

Conversion price:  23 cents per listed share

Maturity date:  Oct. 30, 2028

Interest rate:  10 per cent per annum

Warrant exercise terms:  25 cents per listed share for a three-year period

Disclosure:  Refer to the company's news releases dated Oct. 17, 2025, and Oct. 31, 2025.