Financing type:  non-brokered private placement

Offering:  $1,385,000 principal amount of convertible debenture convertible into 27.7 million common listed shares with 27.7 million detachable warrants

Conversion price:  five cents per listed share

Maturity date:  Dec. 15, 2026

Interest rate:  15 per cent per annum

Warrant exercise terms:  eight cents per listed share for a one-year period

Commissions in securities:  1,855,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at eight cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Jan. 19, 2026, Feb. 18, 2026, Feb. 27, 2026, and March 9, 2026.