Financing type:  non-brokered private placement

Gross proceeds:  $408,000

Offering:  3.4 million listed shares with 3.4 million warrants

Offering price:  12 cents per listed share

Warrant exercise terms:  18 cents per listed share for a two-year period

Commissions in securities:  204,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 18 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated June 27, 2024, and July 3, 2024.