Unregistered Sales of Equity Securities and Use of Proceeds
+Added: On October 2, 2025, we completed a private placement offering of 575,000 shares of our common stock issued as “flow-through shares”, as defined in subsection 66(15) of the Income Tax Act (Canada), for gross proceeds of $8.63 million.
+Added: The proceeds will be applied toward certain qualifying Canadian exploration expenditures, as defined in the Income Tax Act (Canada), at the Company’s Roughrider Project located in Saskatchewan, Canada.
+Added: We relied upon the exemption from the registration requirements under the Securities Act provided by Rule 903 of Regulation S with respect to the issuance of these flow-through shares.
Defaults Upon Senior Securities
1 unchanged sentence
Pursuant to Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 , issuers that are operators, or that have a subsidiary that is an operator, of a coal or other mine in the United States, and that is subject to regulation by the Federal Mine Safety and Health Administration under the Mine Safety and Health Act of 1977 (the “Mine Safety Act”), are required to disclose in their periodic reports filed with the SEC information regarding specified health and safety violations, orders and citations, related assessments and legal actions, and mining-related fatalities.
−Removed: During the quarter ended April 30, 2025, our ISR Mines were not subject to regulation by the Federal Mine Safety and Health Administration under the Mine Safety Act.
+Added: During the quarter ended October 31, 2025, we held both ISR and conventional mines.
+Added: regulation, our ISR Mines were not subject to regulation by the Mine Safety Act but rather fall under oversight by the U.S.
+Added: Occupational Safety and Health Administration.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.