Financing type:  non-brokered private placement

Gross proceeds:  $2,249,999.64

Offering:  12,499,998 listed shares with 12,499,998 warrants attached

Offering price:  18 cents per listed share

Warrant exercise terms:  23 cents per listed share for a three-year period

Commissions in securities:  334,946 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 23 cents per listed share for a three-year period.

Disclosure:  Refer to the company's news releases dated Dec. 29, 2025, Dec. 31, 2025, and Jan. 19, 2026.