13.RELATED PARTY TRANSACTIONS

During the three months ended February 28, 2026, the Company incurred $45,000 (for the three months ended February 28, 2025 - $45,000) in fees to the Chief Executive Officer (the “CEO”) of the Company, and $25,000 of bonus to the CEO (for the three months ended February 28, 2025 - $Nil) payable upon completion of the de-SPAC transaction (Note 4). As of February 28, 2026, $15,000 of CEO fees (November 30, 2025 - $15,000), $25,000 of bonus (November 30, 2025 - $Nil) and $Nil in expense reimbursements (November 30, 2025 - $Nil) were included in due to related parties.

During the three months ended February 28, 2026, the Company incurred $32,250 (for the three months ended February 28, 2025 - $Nil) in fees with a company controlled by the Chief Financial Officer (the “CFO”) of the Company. As of February 28, 2026, $10,750 of CFO fees (November 30, 2025 - $10,750) were included in due to related parties.

During the three months ended February 28, 2026, the Company incurred $Nil (for the three months ended February 28, 2025 - $45,000) in fees with a company controlled by the former Chief Financial Officer (the “former CFO”) of the Company. As of February 28, 2026, $Nil of former CFO fees (November 30, 2025 - $15,000) and $Nil in expense reimbursements (November 30, 2025 - $Nil) were included in due to related parties.

During the three months ended February 28, 2026, the Company incurred $45,000 (for the three months ended February 28, 2025 - $45,000) of consulting fees with a company controlled by a former director of the Company, prior to the former director’s cessation upon the de-SPAC transaction (Note 4). As of February 28, 2026, $Nil (November 30, 2025 - $22,500) of consulting fees and $Nil (November 30, 2025 - $7,971) in expense reimbursements were included in due to related parties. As of February 28, 2026, $30,000 (November 30, 2025 - $Nil) of such consulting fees were included in accounts payable and accrued liabilities.

During the three months ended February 28, 2026, the Company incurred $75,000 (for the three months ended February 28, 2025 - $121,250) of consulting fees with a company (for the three months ended February 28, 2025 - two companies) controlled by a stockholder of the Company. As of February 28, 2026, $Nil (November 30, 2025 - $232,000) of consulting fees and $15,044 (November 30, 2025 - $6,112) in expense reimbursements were included in due to related parties.

Additionally, there were two stockholders, who held over 5% of the Company’s common stock during the three months ended February 28, 2025, that provided consulting services to the Company. The two stockholders no longer hold over 5% of the Company’s common stock during the three months ended February 28, 2026. During the three months ended February 28, 2026, the Company incurred $Nil (for the three months ended February 28, 2025 - $45,000) and $Nil (for the three months ended February 28, 2025 - $45,250) of consulting fees with these two stockholders. As of February 28, 2026, $Nil (November 30, 2025 - $44,819) and $Nil (November 30, 2025 - $46,250), respectively, in consulting fees to these two stockholders were included in due to related parties.

As of February 28, 2026, $Nil (November 30, 2025 - $128,064) was included in due to related parties for amounts relating to expense reimbursements due to corporations over which stockholders of the Company exercise significant influence.

As of February 28, 2026, $Nil (November 30, 2025 - $12,865) was included in due to related parties for amounts relating to expense reimbursements due to a stockholder.