NOTE 3 – NOTES PAYABLE TO RELATED PARTIES

On October 31, 2024, the Company executed a unsecured promissory note with related party, Coppermine Ventures, LLC (“Coppermine”), to provide $125,914 in working capital funding for daily operations. Coppermine and Capstone share the same CEO, Alex Jacobs. Principal accrues simple interest at a rate of 7 percent per annum, maturing July 31, 2025. The note was amended on January 27, 2025 to increase the principal amounts to $485,163, maturing December 31, 2025 with simple interest of 7 percent per annum. On January 9, 2026 the note was amended for a second time to increase the principle amounts to $558,191, maturing December 31, 2026, maintaining the original interest rate of 7 percent per annum.

As of December 31, 2025 and 2024, the Company had a total of $514,320 and $180,760, of outstanding balance respectively, on the Coppermine promissory note which includes accrued interest of $29,157 and $1,829, respectively. The outstanding principal balances and accrued interest has been presented on the consolidated balance sheet as follows: