Financing type:  non-brokered private placement

Offering:  $13,617,000 (Canadian) ($10-million (U.S.)) principal amount of convertible debentures, convertible into 50 million listed shares

Conversion price:  27.234 Canadian cents (20 U.S. cents) per listed share

Maturity date:  March 31, 2031, and April 6, 2031

Interest rate:  8 per cent per annum

Non-cash commissions:  4,107,481 finders' shares

Commission terms:  Each finder's share was issued at a deemed price of 20 Canadian cents per finder's share.

Public disclosure:  Refer to the company's news releases dated March 12, 2026, March 31, 2026, and April 6, 2026.