Common use of XXXX XXXXXXXXXX DIRECTOR Clause in Contracts

XXXX XXXXXXXXXX DIRECTOR. Xxxx Xxxxxxxxxx is a Canadian geologist with over thirty years of experience as a mining analyst. He has enjoyed working in Toronto, Vancouver, and London, learning best practices in capital markets and seeing hundreds of exploration, development and mining projects globally. Xxxxx Xxxx is a geologist and founder of ASX listed Petratherm (“PTR”). Xxxxx is chiefly responsible for the sourcing and acquisition of the four key Victorian assets (now owned by Outback Goldfields). Xxxxx has strong exploration credentials having worked initially for the Regional Geological Survey of South Australia and later with Minotaur Resources. This included being involved in the discovery of the world class Prominent Hill Cu-Au deposit that was subsequently sold to OZ Minerals. During this time he generated a portfolio of nickel projects, and aided the spin out of a successful IPO, Mithril Resources, from Minotaur. Xxxxxxxxxxx is an economic geologist with over 13 years of experience in mineral exploration primarily focused on the discovery and advancement of gold deposits. He was most recently Vice President Exploration for Tower Resources Ltd., where he assembled and helped advance a portfolio of gold projects throughout British Columbia. Prior to joining Tower, Xx. Xxxxxx was Senior Project Geologist for Richfield Ventures Corp. where he was an integral member of the discovery team at the Blackwater Gold project where he supervised the exploration and initial resource delineation drill programs that lead to the most recent mineral reserve estimate of 8.2 Moz gold. Prior to Richfield, Xx. Xxxxxx was involved in mineral exploration and government geoscience, working on numerous deposit styles both in grassroots exploration and in production. He is currently finishing his Ph.D. at the Centre for Ore Deposit and Earth Sciences (CODES) at the University of Tasmania. He has an X.Xx. in geological sciences from the University of British Columbia and a X.Xx. in geological sciences from the University of Alberta. Xx. Xxxxxx is a registered Professional Geoscientist with Engineers & Geoscientists British Columbia. Shares Outstanding 58,370,530 Warrants ($1.50) 10,256,150 Options 5,828,333 Fully Diluted 74,455,013 Share Price $0.50 Market Capitalization ~C$29 million Cash on Hand (*Q1 financials) C$7.7 million 67% RETAIL 24% INSTITUTIONAL 9% MANAGEMENT & INSIDERS

XXXX XXXXXXXXXX DIRECTOR. Xxxx Xxxxxxxxxx is a Canadian geologist with over thirty years of experience as a mining analyst. He has enjoyed working in Toronto, Vancouver, and London, learning best practices in capital markets and seeing hundreds of exploration, development and mining projects globally. Xxxxx Xxxx is a geologist and founder of ASX listed Petratherm (“PTR”). Xxxxx is chiefly responsible for the sourcing and acquisition of the four key Victorian assets (now owned by Outback Goldfields). Xxxxx has strong exploration credentials having worked initially for the Regional Geological Survey of South Australia and later with Minotaur Resources. This included being involved in the discovery of the world class Prominent Hill Cu-Au deposit that was subsequently sold to OZ Minerals. During this time he generated a portfolio of nickel projects, and aided the spin out of a successful IPO, Mithril Resources, from Minotaur. Xxxxxxxxxxx is an economic geologist with over 13 years of experience in mineral exploration primarily focused on the discovery and advancement of gold deposits. He was most recently Vice President Exploration for Tower Resources Ltd., where he assembled and helped advance a portfolio of gold projects throughout British Columbia. Prior to joining Tower, Xx. Xxxxxx was Senior Project Geologist for Richfield Ventures Corp. where he was an integral member of the discovery team at the Blackwater Gold project where he supervised the exploration and initial resource delineation drill programs that lead to the most recent mineral reserve estimate of 8.2 Moz gold. Prior to Richfield, Xx. Xxxxxx was involved in mineral exploration and government geoscience, working on numerous deposit styles both in grassroots exploration and in production. He is currently finishing his Ph.D. at the Centre for Ore Deposit and Earth Sciences (CODES) at the University of Tasmania. He has an X.Xx. in geological sciences from the University of British Columbia and a X.Xx. in geological sciences from the University of Alberta. Xx. Xxxxxx is a registered Professional Geoscientist with Engineers & Geoscientists British Columbia. Shares Outstanding 58,370,530 Warrants ($1.50) 10,256,150 Options 5,828,333 Fully Diluted 74,455,013 Share Price $0.50 0.49 Market Capitalization ~C$29 million Cash on Hand (*Q1 financials) C$7.7 10.3 million 67% RETAIL 24% INSTITUTIONAL 9% MANAGEMENT & INSIDERS

XXXX XXXXXXXXXX DIRECTOR. Xxxx Xxxxxxxxxx is a Canadian geologist with over thirty years of experience as a mining analyst. He has enjoyed working in Toronto, Vancouver, and London, learning best practices in capital markets and seeing hundreds of exploration, development and mining projects globally. Xxxxx Xxxx is a geologist and founder of ASX listed Petratherm (“PTR”). Xxxxx is chiefly responsible for the sourcing and acquisition of the four key Victorian assets (now owned by Outback Goldfields). Xxxxx has strong exploration credentials having worked initially for the Regional Geological Survey of South Australia and later with Minotaur Resources. This included being involved in the discovery of the world class Prominent Hill Cu-Au deposit that was subsequently sold to OZ Minerals. During this time he generated a portfolio of nickel projects, and aided the spin out of a successful IPO, Mithril Resources, from Minotaur. Xxxxxxxxxxx is an economic geologist with over 13 years of experience in mineral exploration primarily focused on the discovery and advancement of gold deposits. He was most recently Vice President Exploration for Tower Resources Ltd., where he assembled and helped advance a portfolio of gold projects throughout British Columbia. Prior to joining Tower, Xx. Xxxxxx was Senior Project Geologist for Richfield Ventures Corp. where he was an integral member of the discovery team at the Blackwater Gold project where he supervised the exploration and initial resource delineation drill programs that lead to the most recent mineral reserve estimate of 8.2 Moz gold. Prior to Richfield, Xx. Xxxxxx was involved in mineral exploration and government geoscience, working on numerous deposit styles both in grassroots exploration and in production. He is currently finishing his Ph.D. at the Centre for Ore Deposit and Earth Sciences (CODES) at the University of Tasmania. He has an X.Xx. in geological sciences from the University of British Columbia and a X.Xx. in geological sciences from the University of Alberta. Xx. Xxxxxx is a registered Professional Geoscientist with Engineers & Geoscientists British Columbia. Shares Outstanding 58,370,530 Warrants ($1.50) 10,256,150 Options 5,828,333 Fully Diluted 74,455,013 Share Price $0.50 0.41 Market Capitalization ~C$29 ~C$24 million Cash on Hand (*Q1 financials) C$7.7 million 67% RETAIL 24% INSTITUTIONAL 9% MANAGEMENT & INSIDERS

XXXX XXXXXXXXXX DIRECTOR. Xxxx Xxxxxxxxxx is a Canadian geologist with over thirty years of experience as a mining analyst. He has enjoyed working in Toronto, Vancouver, and London, learning best practices in capital markets and seeing hundreds of exploration, development and mining projects globally. Xxxxx Xxxx is a geologist and founder of ASX listed Petratherm (“PTR”). Xxxxx is chiefly responsible for the sourcing and acquisition of the four key Victorian assets (now owned by Outback Goldfields). Xxxxx has strong exploration credentials having worked initially for the Regional Geological Survey of South Australia and later with Minotaur Resources. This included being involved in the discovery of the world class Prominent Hill Cu-Au deposit that was subsequently sold to OZ Minerals. During this time he generated a portfolio of nickel projects, and aided the spin out of a successful IPO, Mithril Resources, from Minotaur. Xxxxxxxxxxx is an economic geologist with over 13 years of experience in mineral exploration primarily focused on the discovery and advancement of gold deposits. He was most recently Vice President Exploration for Tower Resources Ltd., where he assembled and helped advance a portfolio of gold projects throughout British Columbia. Prior to joining Tower, Xx. Xxxxxx was Senior Project Geologist for Richfield Ventures Corp. where he was an integral member of the discovery team at the Blackwater Gold project where he supervised the exploration and initial resource delineation drill programs that lead to the most recent mineral reserve estimate of 8.2 Moz gold. Prior to Richfield, Xx. Xxxxxx was involved in mineral exploration and government geoscience, working on numerous deposit styles both in grassroots exploration and in production. He is currently finishing his Ph.D. at the Centre for Ore Deposit and Earth Sciences (CODES) at the University of Tasmania. He has an X.Xx. in geological sciences from the University of British Columbia and a X.Xx. in geological sciences from the University of Alberta. Xx. Xxxxxx is a registered Professional Geoscientist with Engineers & Geoscientists British Columbia. Shares Outstanding 58,370,530 Warrants ($1.50) 10,256,150 Options 5,828,333 5,695,000 Fully Diluted 74,455,013 74,321,680 Share Price $0.50 0.33 Market Capitalization ~C$29 ~C$19 million Cash on Hand (*Q1 Q3 financials) C$7.7 8.5 million 67% RETAIL 24% INSTITUTIONAL 9% MANAGEMENT & INSIDERS

XXXX XXXXXXXXXX DIRECTOR. Xxxx Xxxxxxxxxx is a Canadian geologist with over thirty years of experience as a mining analyst. He has enjoyed working in Toronto, Vancouver, and London, learning best practices in capital markets and seeing hundreds of exploration, development and mining projects globally. Xxxxx Xxxx is a geologist and founder of ASX listed Petratherm (“PTR”). Xxxxx is chiefly responsible for the sourcing and acquisition of the four key Victorian assets (now owned by Outback Goldfields). Xxxxx has strong exploration credentials having worked initially for the Regional Geological Survey of South Australia and later with Minotaur Resources. This included being involved in the discovery of the world class Prominent Hill Cu-Au deposit that was subsequently sold to OZ Minerals. During this time he generated a portfolio of nickel projects, and aided the spin out of a successful IPO, Mithril Resources, from Minotaur. Xxxxxxxxxxx is an economic geologist with over 13 years of experience in mineral exploration primarily focused on the discovery and advancement of gold deposits. He was most recently Vice President Exploration for Tower Resources Ltd., where he assembled and helped advance a portfolio of gold projects throughout British Columbia. Prior to joining Tower, Xx. Xxxxxx was Senior Project Geologist for Richfield Ventures Corp. where he was an integral member of the discovery team at the Blackwater Gold project where he supervised the exploration and initial resource delineation drill programs that lead to the most recent mineral reserve estimate of 8.2 Moz gold. Prior to Richfield, Xx. Xxxxxx was involved in mineral exploration and government geoscience, working on numerous deposit styles both in grassroots exploration and in production. He is currently finishing his Ph.D. at the Centre for Ore Deposit and Earth Sciences (CODES) at the University of Tasmania. He has an X.Xx. in geological sciences from the University of British Columbia and a X.Xx. in geological sciences from the University of Alberta. Xx. Xxxxxx is a registered Professional Geoscientist with Engineers & Geoscientists British Columbia. Shares Outstanding 58,370,530 Warrants ($1.50) 10,256,150 Options 5,828,333 5,695,000 Fully Diluted 74,455,013 74,321,680 Share Price $0.50 0.285 Market Capitalization ~C$29 ~C$17 million Cash on Hand (*Q1 Q3 financials) C$7.7 8.5 million 67% RETAIL 24% INSTITUTIONAL 9% MANAGEMENT & INSIDERS