First Atlantic Nickel Corp. — Proxy Solicitation & Information Statement 2025

May 7, 2025

2 Toronto Street, Suite 230,
Toronto, Ontario, Canada, M5C 2B5
Tel: +51 999714192

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

TAKE NOTICE that the annual general and special meeting (the "Meeting") of shareholders (the "Shareholders") of Batero Gold Corp. (the "Company") will be held as a virtual meeting on Thursday, June 5, 2025 at 11:00 a.m. (Toronto Time) for the following purposes:

1. to receive the audited financial statements of the Company for the financial year ended August 31, 2024 and the report of the auditor thereon;
2. to set the number of directors of the Company for the ensuing year at four (4);
3. to elect the directors of the Company for the ensuing year, as more particularly described in the management information circular (the "Circular") accompanying this notice of meeting (the "Notice");
4. to appoint D&H Group LLP as auditor of the Company for the ensuing year and to authorize the directors to fix their remuneration;
5. to consider, and if deemed advisable, to pass with or without variation, an ordinary resolution of Shareholders approving the Company's existing stock option plan, as more particularly set out in the Circular; and
6. to consider any permitted amendment to or variation of any matter identified in this Notice, and to transact such other business as may be properly brought before the Meeting or any adjournment or postponement thereof.

The Circular accompanying this Notice contains details of matters to be considered at the Meeting. No other matters are contemplated, however any permitted amendment to or variation of any matter identified in this Notice may properly be considered at the Meeting.

We encourage shareholders to vote their common shares prior to the Meeting by following the voting instructions in the accompanying Circular. See "Important Information with Respect to the Virtual Meeting" and "Voting Securities" in the Circular for details on how to participate and vote at the Meeting.

Registered shareholders or their duly-appointed proxy-holders may join the Meeting by sending a request to Diego Andrés Lasso Orjuela via email at dlasso@antioquiagold.com at least 24-hours prior to the date and time of the Meeting. Shareholder information will then be verified and a link and passcode to the virtual Meeting will be provided by email prior to the Meeting.

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The board of directors of the Company has fixed April 8, 2025 as the record date (the "Record Date") for determination of persons entitled to receive this Notice. Only shareholders of record at the close of business on the Record Date who either: (a) virtually attend the Meeting; or (b) complete, sign and deliver a form of proxy in the manner and subject to the provisions described in the Information Circular, will be entitled to vote or to have their Common Shares voted at the Meeting.

Those shareholders who do not receive voting materials ahead of the Meeting should contact their broker or Computershare Investor Services Inc., the Company's transfer agent, to receive voting authorization.

DATED at Toronto, Ontario the 8th day of April, 2025.

BY ORDER OF THE BOARD OF DIRECTORS

"Gonzalo de Losada"

Gonzalo de Losada

President and Chief Executive Officer