Financing type:  brokered private placement

Gross proceeds:  $24,999,999.80

Offering:  40,740,740 flow-through listed shares with 20,370,370 warrants attached; 70 million non-flow-through listed shares with 35 million warrants attached

Offering price:  27 cents per flow-through listed share; 20 cents per non-flow-through listed share

Warrant exercise terms:  30 cents per listed share for a one-year period, subject to an acceleration right; 30 cents per listed share for a one-year period, subject to an acceleration right

Commissions in securities:  not applicable (National Bank Financial Inc. and MDCP Securities Ltd. received cash only.)

Disclosure:  Refer to the company's news releases dated March 2, 2026, March 16, 2026, and March 18, 2026.