Caut ionary S t a t e m e n t T h is p r e s e n t a t i o n m a y i n c l u d e c e r t a i n f o r w a r d l o o k i n g s t a te m e n t s All s t a t e m e n t s ot h e r t h a n s t a t e m e n t s of h is t o r ic a l f a c t i n c l u d e d h e re i n i n c l u d i n g w i t h o u t l i m i t a t i o n s t a te m e n ts re g a r d i n g f u t u re p la n s a n d o b j e c t i v e s of M ag n a M i n i n g C o r p t h e C o m p a n y or M a g n a t h e f e a s i b i l i t y s t u d y r e s u l ts in s i t u v a l u e e x p l o ra t i o n r e s u l ts f u t u re p r o s p e c ts of t h e S h a k e s p e a re or s u r r o u n d i n g p r o p e r t y a n d e s t i m a te of f u t u r e m e t a l p r ic e s ar e f o r w a r d l o o k i n g s t a tem e n t s t h a t i n v o l v e v a r i o u s ri s k s a s s u m p t i o n s e s t i m a tes a n d u n ce r t a i n t ie s T h e s e s t a tem e n t s re f le ct t h e c u r re n t in ter n al p r o j e c t i o n s e x p e c t a t i o n s or b e l ie f s of t h e C o m p a n y a n d ar e b a s e d on i n f o r m a t i o n c u r re n t ly a v a i l a b l e to t h e C o m p a n y T h e re c a n be no a s s u r a n c e t h a t s u c h s t a t e m e n t s w i l l p r o v e to be a c c u r a t e a n d act u al r e s u l t s an d f u t u r e e v e n t s c o u l d d i f f e r m a te r i a l l y f r o m th o s e a n t i c i p a t e d in s u c h s t a t e m e n t s All of th e f o r w a r d l o o k i n g s t at e m e n ts c o n t a i n e d in t h is p r e s e n t a t i o n a r e q u a l i f i e d by t h e s e c a u t i o n a r y s t a t e m e n ts F u r t h e rm o re a ll s u c h s ta tem e n ts ar e m ad e of th e d at e th is p re s e n ta ti o n is giv e n An i n v e s tme n t in th e C o m p a n y is s p e c u l a t iv e due to t h e n a t u r e of th e C o m p a n y s b u s i n e s s T h e a b i l i t y of t h e C o m p a n y to c a r r y o u t i t s gr o w t h i n i t i a t i v e s as d e s c r i b e d in t h i s P o w e r P o i n t p re s e n t a t i o n is s u b j e c t to v a r i o u s r i s k s a n d u n c e r t a i n t i e s I n v e s t o r s s h o u l d n o t p l ace u n d u e r e l i a n ce on f o r w ar d l o o k i n g s t a tem e n t s as t h e p l a n s i n t e n t i o n s or e x p e c t a t i o n s u p o n w h ic h t h e y a r e b a s e d m ig h t n o t o cc u r I n v e s t o rs a n d o t h e rs w h o b ase t h e m s e lv e s on t h e C o m p an y s f o r w a r d l o o k i n g s t a t e m e n t s s h o u l d c a r e f u l l y c o n s i d e r s u c h r i s k as w e ll as t h e u n ce r t a i n t ie s t h e y re p re s e n t an d t h e r i s k t h e y e n t a i l T h e C o m p a n y a l s o c a u t i o n s re a d e rs n o t to p l ace undue r e l i a n ce on t h e s e f o r w a r d l o o k i n g s ta tem e n ts T h e f o r w a r d l o o k i n g s ta tem e n ts con ta in e d in th is re p o rt ar e e x p r e s s l y q u a l i f i e d by th is cau tio n a ry s ta tem e n t T h is p r e s e n t a t i o n s h a l l n o t c o n s t i t u te an o f f e r to s e l l or th e s o l i c i t a t i o n of a n y o f f e r to buy n o r s h a l l th e re be a n y s a l e of s e cu ri ties in a n y p r o v i n ce s t a te or j u r i s d i c t i o n in w h ich s u ch o f f e r s o lic ita ti o n or s ale w o u ld be u n lawf u l p rior to re gis tra tio n or q u a l i f i c a t i o n u n d e r th e s e cu ritie s laws of an y s u ch p ro v in ce s ta te or ju ris d i cti o n Da ta a n d tec h n ic al i n f o rm at io n in th is d o cu m e n t is e xt r act e d f r o m t h e NI 43 101 tec h n ic a l re p o r t e n tit le d 2019 Mi n e r a l Re s o u rce E s t im a te U p d at e f o r T h e Sh a kes p e ar e Ni Cu PG E S u l p h i d e De p o s it S h ak e s p e ar e P ro jec t O n t ar io Can a d a p re p ar e d f o r M agn a Mi n in g C o r p w ri tt e n by SG S C an a d a I n c d at e d A p r il 3 2019 Al l an Arm it age Ph D P G e o is th e Qu alif i e d Pe rs on as d e f ine d by N at ion a l In s tru m e n t 43 101 Pete r C L ight f o o t Ph D P G e o is t h e Q u a li f ie d Per s o n as d e f i n e d by N at i o n al I n s tr u m e n t 43 101 is th e V ice Pres i d e n t of E xp l o r at i o n of t h e Com p a n y an d h a s re v ie w e d an d ap p ro v e d th e techn ical in f o rm at i o n in th is d o cu m e n t All d o lla r amou n ts ar e in C A D u n le s s o th e rw is e n o ted 2