Highlander Silver Corp. — Capital/Financing Update 2026

Jan 30, 2026

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April 2, 2025

VIA SEDAR+

British Columbia Securities Commission Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan Manitoba Securities Commission Ontario Securities Commission Autorité des marchés financiers Nova Scotia Securities Commission Financial and Consumer Services Commission (New Brunswick) Office of the Superintendent of Securities, Newfoundland and Labrador Office of the Superintendent of Securities, Prince Edward Norton Rose Fulbright Canada LLP 510 West Georgia Street, Suite 1800 Vancouver, BC V6B 0M3 Canada

F: +1 604.641.4949 nortonrosefulbright.com

Dear Sirs/Mesdames:

Island

Tiny Ltd. – Prospectus Supplement dated April 2, 2025 to the Short Form Base Shelf Prospectus dated September 29, 2023

We refer you to the short form base shelf prospectus dated September 29, 2023 of Tiny Ltd. ("Tiny") and the prospectus supplement thereto dated April 2, 2025 (the "Prospectus Supplement") relating to the offering of subscription receipts of Tiny.

We hereby consent to the reference to our firm's name on the cover page of the Prospectus Supplement and under the headings "Certain Canadian Federal Income Tax Considerations", "Eligibility for Investment" and "Legal Matters" and to the reference to our opinion under the heading "Eligibility for Investment".

We confirm that we have read the Prospectus Supplement and have no reason to believe that there are any misrepresentations in the information contained in the Prospectus Supplement that are derived from our opinions referred to therein or that are within our knowledge as a result of the services performed by us in connection with such opinions.

Thank you for your assistance with this matter.

Yours very truly,

(signed) "Norton Rose Fulbright Canada LLP"

Norton Rose Fulbright Canada LLP