KORE Mining Ltd. — Capital/Financing Update 2020

May 27, 2020

NOTICE DECLARING INTENTION TO BE QUALIFIED UNDER NATIONAL INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS (“NI 44-101”)

FILED VIA SEDAR

May 27, 2020

To: British Columbia Securities Commission, as Notice Regulator And to: Alberta Securities Commission

Dear Sirs and Mesdames:

KORE Mining Ltd. (the “ Issuer ”) intends to be qualified to file a short form prospectus under NI 44-101.

The Issuer acknowledges that it must satisfy all applicable qualification criteria prior to filing a preliminary short form prospectus.

This notice does not evidence the Issuer’s intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction.

This notice will remain in effect until withdrawn by the Issuer.

KORE Mining Ltd.

By: (signed) “ Jessica Van Den Akker ” Name: Jessica Van Den Akker Title: Chief Financial Officer