Financing type:  non-brokered private placement

Offering:  $1,505,000 principal amount of convertible debenture, convertible into 10,033,333 listed shares

Conversion price:  15 cents per listed share

Maturity date:  Jan. 29, 2027

Interest rate:  12 per cent per annum

Disclosure:  Refer to the company's news releases dated Dec. 18, 2025, and Jan. 29, 2026.