INVESTORS

THE ANGOLD OPPORTUNITY

2 drill ready advanced exploration gold properties set to commence drilling in Q4 2020

Focus on expanding historic resource at Iron Butte

Strong management and technical team

5,000m drilling to commence at Dorado focusing on mineralization extensions at depth & laterally

Targeting multi-million ounce gold resource growth in the next 18 months

Attractive valuation, tight share structure, & significant leverage to rising gold prices

CAPITAL STRUCTURE

Common Shares Issued*:

83,941,830

Warrants (Finders)*:

1,005,975

Options*:

4,260,000

Total Fully Diluted (post RTO financing):

89,207,805

Cash (approx.):

$8,500,000

Angold_008-Invest_Capital-Structure-Char

* Includes 20,000,000 subscription receipts issued at $0.40. Concurrent finders warrants issued at $0.40 for a period of 12 months from closing. Options outstanding upon closing at strike prices from $0.40 to $1.96 and for periods from 12 months to 5 years.