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Grafton Resources Inc. Capital/Financing Update 2021

Nov 25, 2021

48063_rns_2021-11-25_ff50fd5e-09c3-4ad0-8aa9-40aa341e7655.pdf

Capital/Financing Update

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RECEIPT

Prisma Capital Inc.

This is the receipt of the British Columbia Securities Commission for the Preliminary Long Form Prospectus of the above Issuer dated November 22, 2021 (the preliminary prospectus).

The preliminary prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta . A receipt for the preliminary prospectus is deemed to be issued by the regulator in this jurisdiction, if the conditions of the Instrument have been satisfied.

November 25, 2021

Larissa M. Streu

Larissa M. Streu Senior Legal Counsel, Corporate Finance

SEDAR Project Number 3306878

Tel: 604 899-6500 Fax: 604 899-6506 Toll Free: 1 800-373-6393 www.bcsc.bc.ca P.O. Box 10142, Pacific Centre, 701 West Georgia Street Vancouver, BC, Canada V7Y 1L2