Generation Mining Limited — Proxy Solicitation & Information Statement 2023

May 31, 2023

TMX THE FUTURE IS YOURS TO SEE.

TSX TRUST COMPANY

VIA ELECTRONIC TRANSMISSION

May 30, 2023

TO ALL APPLICABLE EXCHANGES AND COMMISSIONS:

RE: GENERATION MINING LIMITED

We are pleased to confirm that copies of the following proxy-related materials were mailed on May 29, 2023 to the Registered Securityholders and to the Non-Objecting Beneficial Owners ("NOBO"):

1. Proxy with Notice-and-Access Notice and Request for Financial Statements - Registered Securityholders
2. Voting Instruction Form with Notice-and-Access Notice and Request for Financial Statements - NOBOs
3. Notice of Meeting Combined with Information Circular - NOBOs Requesting Full Package
4. Proxy Return Envelope

Yours truly,

TSX Trust Company

"Lori Winchester"

Senior Relationship Manager

Lori.Winchester@tmx.com

VANCOUVER

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T 604 689-3334

CALGARY

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Calgary, AB T2P 3C4

T 403 218-2800

TORONTO

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Toronto ON M5H 4H1

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T 416 361-0930

MONTRÉAL

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Montréal (Québec) H3B 0G7

T 514 395-5964