Conquest Resources Limited — Audit Report / Information 2021

Jan 26, 2022

CONQUEST RESOURCES LIMITED

NOTICE OF CHANGE OF AUDITOR

TO: McGovern Hurley LLP, Chartered Professional Accountants

AND TO: Simone & Co. LLP, Chartered Professional Accountants

NOTICE IS HEREBY GIVEN that, on the advice of the Audit Committee of the Company, the Board of Directors of the Company resolved as of January 6, 2022 that:

(a) The resignation of McGovern Hurley LLP, Chartered Professional Accountants, (“McGovern”) as of January 6, 2022, as auditor of the Company be accepted, and

(b) Simone & Co LLP, Chartered Professional Accountants, (“Simone”) be appointed as auditor of the Company effective as of January 7, 2022, to hold office until the next annual meeting at a remuneration to be fixed by the directors.

In accordance with National Instrument 51-102 (" NI 51-102") we confirm that:

(a) McGovern resigned on its own initiative as auditor of the Company;

(b) McGovern, has not expressed a modified opinion in its reports for the most recently completed fiscal year of the Company, nor for the period from the most recently completed period for which McGovern issued an audit report in respect of the Company and the date of this Notice;

(c) the resignation of McGovern and appointment of Simone & Co LLP as auditor of the Company were considered by the Audit Committee and approved by the Board of Directors of the Company; and

(d) in the opinion of the Board of Directors of the Company, no "reportable event" as defined in NI 51-102 has occurred in connection with the audits of the two most recently completed fiscal years of the Company, nor any period from the most recently completed period for which McGovern issued an audit report in respect of the Company and the date of this Notice.

Dated: January 6, 2022

CONQUEST RESOURCES LIMITED

Tom Obradovich

Per: Tom Obradovich President & Chief Executive