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Akwaaba Mining Ltd. Regulatory Filings 2021

Dec 30, 2021

46474_rns_2021-12-30_089ad232-eae3-4419-964e-be5404ab7c76.pdf

Regulatory Filings

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Form 51-102F3 Material Change Report

Item 1 Name and Address of Reporting Issuer

Castle Peak Mining Ltd. (the “ Company ”)

#29 - 1255 Riverside Drive Coquitlam, British Columbia Canada V3B 7W5

Item 2 Date of Material Change

December 30, 2021

Item 3 News Release

The News Release dated December 30, 2021 was disseminated at Vancouver, British Columbia and was filed on SEDAR.

Item 4 Summary of Material Change

The Company announced that it settled an aggregate $442,419.18 of debt owed to Allan Green and Candel & Partners SAS (the “Creditors”) by the issuance of an aggregate 29,494,612 common shares of the Company at a deemed price of $0.015 per share.

The common shares issued to the Company’s Creditors are subject to a hold period in British Columbia expiring on May 1, 2022.

Item 5.1 Full Description of Material Change

The Company announced that further to its news releases dated April 27, 2021 and October 1, 2021, it has settled an aggregate $442,419.18 of debt owed to Allan Green and Candel & Partners SAS (the “Creditors”) by the issuance of an aggregate 29,494,612 common shares of the Company at a deemed price of $0.015 per share.

The common shares issued to the Company’s Creditors are subject to a hold period in British Columbia expiring on May 1, 2022.

Item 5.2 Disclosure for Restructuring Transactions

Not applicable.

Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7 Omitted Information

Not applicable.

Item 8 Executive Officer

Iyad Jarbou Chief Financial Officer Tel: 604.362.7685

Date of Report

Item 9

287759.00005/92044312.1

Dated this December 30, 2021.

287759.00005/92044312.1