Page 29 MLEN SPRING 2020 Page 29 Investing 260k to Support Local Businesses Through Dollar V ouchers and Small Business Micro Loan Program In an ef fort to help restart the local economy following the fallout from the COVID19 pandemic Barrick Hemlo announced today that the company would issue each of thei r 360 employees with 150 in Barrick Dollar V ouchers totaling 60000 dollars to be used at businesses in Marathon Manitouwadge and White River areas Underground Mining Contractor Manroc of Manitouwadge have joined the initiative and have committed to providing their employees with Barrick V ouchers bringing the total to 90000 dollars The program is designed to provide financial stimulus to local businesses in the neighboring communities of the Hemlo Mine Hemlo Mine also announced the establishment of the North Superior Hemlo Fund which will provide 200000 in partnership with Marathon Manitouwadge and White River The objective is to initially provide disaster recoveryrelief loans to small businesses that have been af fected by the COVID19 pandemic in the communities of Marathon Manitouwadge and White River The second phase will be to provide capital needed to encourage economic growth and community development Hemlo has partnered with the local Manitouwadge Economic Development Of fice to administer the low interest loans with approval from the lending committee made up of representatives from the three communities and the mine Hemlo is encouraging other essential businesses to join them in contributing to the North Superior Fund Hemlo General Manager Adam Foulstone said These are extremely challenging times for so many right now and I believe it is the duty of essential businesses that have continued operating to lend a helping hand in restarting our local economy I encourage other businesses that have the means to consider a similar gesture The more we can pull together and support each other the stronger we will come out of this as a community Hemlo is committed to the Northern Communities and First Nation communities surrounding the mine and recognizes that it is at times like these that true partnerships are built Hemlo Mine remains focused on diligently working to maintain a safe and healthy environment for our employees business partners and community members while still enabling operations to continue to keep our workforce employed support our community and contribute to our local communities during this time of economic hardship added Foulstone Catherine Raw Chief Operating Of ficer North America 1 416 307 5157 crawbarrickcom Adam Foulstone General Manager Hemlo Mine 1 807 238 1050 afoulstonebarrickcom Kathy du Plessis Investor and media relations 44 20 7557 7738 barrickdpapr com Enquiries Congratulations Ontario Mining W eek H E M L O