Financing type: best efforts prospectus offering
Gross proceeds: $8,060,115
Offering: 11,514,450 common shares
Offering price: 70 cents per listed share
Overallotment option: The agents may purchase a maximum of 1,014,450 common shares for overallotment purposes. As of July 15, 2025, such option has expired and 1,014,450 common shares have been issued thereunder. All information presented herein includes such exercise.
Commissions in securities: Cormark Securities Inc., 593,408 warrants;
Red Cloud Securities Inc., 12,761 warrants;
Beacon Securities Ltd., warrants 31,904
Commission terms: Each non-transferable warrant is exercisable at 70 cents for a two-year period.
Disclosure: Refer to the prospectus dated June 18, 2025, and the company's news releases dated June 16, 2025, and June 26, 2025.
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