Financing type:  non-brokered private placement

Offering:  $1-million principal amount of convertible debenture convertible into five million listed shares with two million detachable warrants

Conversion price:  20 cents per listed share

Maturity date:  Jan. 28, 2029

Interest rate:  12 per cent per annum

Warrant exercise terms:  20 cents per listed share exercisable until Jan. 28, 2029

Disclosure:  Refer to the company's news releases dated Jan. 27, 2026, and March 5, 2026.