Financing type:  brokered private placement

Gross proceeds:  $4,599,999.96

Offering:  17,165,000 flow-through listed shares; 19,022,708 non-flow-through listed shares with 9,511,354 warrants attached

Offering price:  13.5 cents per flow-through listed share; 12 cents per non-flow-through listed share

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

Commissions in securities:  Red Cloud Securities Inc., 2,171,262 warrants

Commission terms:  Each non-transferable warrant is exercisable at 12 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated May 1, 2025, and May 15, 2025.