Golden Predator Mining Corp. NTGSF

C2C Gold (formerly Taku Gold)

[dollardaze]

"The Exchange Ratio was determined on the basis that Golden Predator will complete the Return of Capital distribution to the Golden Predator shareholders of record immediately prior to the closing of the Arrangement. The Return of Capital will result in a reduction in the stated capital of the Golden Predator Shares held by such shareholders, equal to the value of the C2C Shares being distributed. The market price per C2C Share on the CSE as at the close of markets on February 26, 2021 was $0.17. Based on the current issued and outstanding shares of Golden Predator, each participating shareholder of Golden Predator would be entitled to receive approximately 0.05 C2C Shares for each Golden Predator Share held of record. No fractional interests in the C2C Shares will be distributed in connection with the Return of Capital, and any such interests will be rounded down to the nearest whole distribution Share."