Makenita Resources Corporate Update

Loan Agreement - Makenita Resources Inc. has entered into a loan agreement to borrow $200,000, which is unsecured and bears an interest rate of 8% per annum [1] - The loan term is set for twenty-four months from the closing date or three business days after the company raises a minimum of $500,000 through equity or debt financing [1] - Interest payments will be made every six months, with the first payment due on or before the 5th day after the loan proceeds are advanced [1] Share Purchase Warrants - The company will issue 2,220,000 share purchase warrants to the lender, each warrant allowing the purchase of one common share at an exercise price of $0.09 for a period of five years [2] - The issuance of warrants is to occur on or before the 5th day after the loan proceeds are advanced [2] Closing Conditions - The closing of the loan is subject to various conditions, including the receipt of necessary corporate and regulatory approvals [3] - The warrants and shares issued in connection with the loan will have a hold period of four months and one day, in compliance with securities laws and stock exchange policies [3]