Loan value: 12-month extension to March 31, 2026, of $1.7-million (U.S.) secured note
Bonus securities: 600,000 warrants
Warrant terms: Each non-transferable warrant is exercisable at $1.25 per share with an expiry date of March 31, 2026.
Public disclosure: Refer to the company's news release dated March 25, 2025.
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