Glen Eagle Resources Inc. — Proxy Solicitation & Information Statement 2020

Jul 31, 2020

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GLEN EAGLE RESOURCES INC.

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Security Class

Holder Account Number

Form of Proxy - Annual and Special Meeting to be held on August 27, 2020

This Form of Proxy is solicited by and on behalf of Management.

Notes to proxy

1. Every holder has the right to appoint some other person or company of their choice, who need not be a holder, to attend and act on their behalf at the meeting or any adjournment or postponement thereof. If you wish to appoint a person or company other than the persons whose names are printed herein, please insert the name of your chosen proxyholder in the space provided (see reverse).

2. If the securities are registered in the name of more than one owner (for example, joint ownership, trustees, executors, etc.), then all those registered should sign this proxy. If you are voting on behalf of a corporation or another individual you must sign this proxy with signing capacity stated, and you may be required to provide documentation evidencing your power to sign this proxy.

3. This proxy should be signed in the exact manner as the name(s) appear(s) on the proxy.

4. If this proxy is not dated, it will be deemed to bear the date on which it is mailed by Management to the holder.

5. The securities represented by this proxy will be voted as directed by the holder, however, if such a direction is not made in respect of any matter, this proxy will be voted as recommended by Management.

6. The securities represented by this proxy will be voted in favour or withheld from voting or voted against each of the matters described herein, as applicable, in accordance with the instructions of the holder, on any ballot that may be called for and, if the holder has specified a choice with respect to any matter to be acted on, the securities will be voted accordingly.

7. This proxy confers discretionary authority in respect of amendments or variations to matters identified in the Notice of Meeting or other matters that may properly come before the meeting or any adjournment or postponement thereof.

8. This proxy should be read in conjunction with the accompanying documentation provided by Management.

Proxies submitted must be received by 5:00 pm, Eastern Time, on August 25, 2020.

VOTE USING THE TELEPHONE OR INTERNET 24 HOURS A DAY 7 DAYS A WEEK!

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----- Start of picture text ----- To Vote Using the Internet----- End of picture text -----

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• Call the number listed BELOW from a touch tone telephone.

  • Go to the following web site: www.investorvote.com

• Smartphone?

• 1-866-732-VOTE (8683) Toll Free Scan the QR code to vote now.

If you vote by telephone or the Internet, DO NOT mail back this proxy.

Voting by mail may be the only method for securities held in the name of a corporation or securities being voted on behalf of another individual.

Voting by mail or by Internet are the only methods by which a holder may appoint a person as proxyholder other than the Management nominees named on the reverse of this proxy. Instead of mailing this proxy, you may choose one of the two voting methods outlined above to vote this proxy.

To vote by telephone or the Internet, you will need to provide your CONTROL NUMBER listed below.

CONTROL NUMBER

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Appointment of Proxyholder

I/We, being holder(s) of Glen Eagle Resources Inc. (the "Company") hereby appoint: Jean Labrecque of Asbestos, Québec, or failing him, Daniel Belisle of Montreal, Québec

OR

Print the name of the person you are appointing if this person is someone other than the Management Nominees listed herein.

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as the proxy of the undersigned to attend, act and vote for and on behalf of the undersigned at the Annual and Special Meeting of Shareholders of the Company, to be held solely by means of remote communication, rather than in person, on Thursday, August 27, 2020 at 10:00 a.m. (Eastern Time) and at any and all adjournments thereof.

VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES.

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1.Election of Directors	1.Election of Directors	1.Election of Directors	1.Election of Directors	1.Election of Directors	1.Election of Directors	1.Election of Directors
01. Jean LabrecqueForWithhold02. Gilles LaverdièreForWithhold03. Guy Chamard04. Charles Taschereau	For	Withhold	For	Withhold		Fo

1.Election of Directors
	For	Withhold	For	Withhold	For	Withhold
01. Jean Labrecque		02. Gilles Laverdière		03. Guy Chamard
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04. Charles Taschereau
					For	Withhold
2.Appointment of Auditors
To appoint Pricewaterhouse Coopers LLP, Chartered Accountants, as auditors of the Company, for the financial year ending December 31, 2020
and authorizing the directors to establish their remuneration.
3.Resolution					For	Against
To consider and, if deemed advisable,	ratifying the share option plan of the Company and the options granted thereunder, more described in the
accompanying management information circular.
					For	Against

4. Share for Debt

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To request a vote for elimination of a debt by the issuance of shares to the President and CEO of the Corporation.

Authorized Signature(s) - This section must be completed for your instructions to be executed.

I/We authorize you to act in accordance with my/our instructions set out above. I/We hereby revoke any proxy previously given with respect to the Meeting. If no voting instructions are indicated above, this Proxy will be voted as recommended by Management.

Signature(s)

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Date

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Interim Financial Statements - Mark this box if you would like to receive Interim Financial Statements and accompanying Management’s Discussion and Analysis by mail.

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Annual Financial Statements - Mark this box if you would NOT like to receive the Annual Financial Statements and accompanying Management’s Discussion and Analysis by mail.

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If you are not mailing back your proxy, you may register online to receive the above financial report(s) by mail at www.computershare.com/mailinglist.

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C S I Q

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