Financing type: brokered private placement (LIFE (listed issuer financing exemption) offering)
Gross proceeds: $3,555,000
Offering: 14,812,500 units (Each unit comprised one listed share and one warrant.)
Offering price: 24 cents per unit
Warrant exercise terms: 32 cents per listed share until May 20, 2031
Commissions in securities: The broker received 903,723 broker warrants for services rendered.
Broker warrants: 903,723 (one broker)
Broker warrant terms: Each broker warrant is non-transferable and exercisable into one unit at 24 cents until May 20, 2031.
Additional listing of warrants (TLT.WT)
Further to the TSX Venture Exchange bulletins dated June 5, 2026, and Sept. 4, 2026, up to 15,716,223 additional listed warrants (Cusip No. 88337V 14 2) of the company have been authorized for issuance pursuant to a supplemental warrant indenture dated Aug. 24, 2026.
Revised capitalization: up to 36,115,273 warrants, authorized by a warrant indenture dated May 20, 2026, and supplemented by a first supplemental warrant indenture dated Aug. 24, 2026, of which 33,979,167 warrants are issued and outstanding
Disclosure:Refer to the offering document dated Aug. 10, 2026, and the company's news releases dated Aug. 10, 2026, and Aug. 24, 2026.
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