Financing type:  non-brokered private placement

Gross proceeds:  $1.2-million

Offering:  4.8 million listed shares with 4.8 million warrants

Offering price:  25 cents per listed share

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

Commissions in securities:  150,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 40 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated June 11, 2025, and June 23, 2025.