KORE Mining Ltd. — Regulatory Filings 2023

Apr 21, 2023

Note: [01 Mar 2017] – The following is a consolidation of 13-501F1. It incorporates amendments to this document that came into effect on March 1, 2017. This consolidation is provided for your convenience and should not be relied on as authoritative.

FORM 13-501F1

CLASS 1 REPORTING ISSUERS AND CLASS 3B REPORTING ISSUERS – PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, Anil Jiwani, an officer of the reporting issuer noted below have examined this Form 13-501F1 (the Form) being submitted hereunder to the Alberta Securities Commission and certify that to my knowledge, having exercised reasonable diligence, the information provided in the Form is complete and accurate.

Date/Signed by:	Anil Jiwani	April 21, 2023
Name:	Anil Jiwani	Date:
Title:	CFO

Reporting Issuer Name: Kore MIning Ltd.

End date of previous financial year: December

Type of Reporting Issuer: ☑ Class 1 reporting issuer ☐ Class 3B reporting issuer

Highest Trading Marketplace: TSX

Market value of listed or quoted equity securities:

Equity Symbol	KORE
1st Specified Trading Period (dd/mm/yy)	January to April

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

$ 0.3550 (i)

---

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period 115329347.00 (ii)

(i) x (ii) $ 40941918.1850 (A)

Market value of class or series

2nd Specified Trading Period (dd/mm/yy)

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

May to June

$ 0.1700 (iii)

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period 115329347.00 (iv)

(ii) x (iv) $ 19605988.9900 (B)

Market value of class or series

3rd Specified Trading Period (dd/mm/yy)

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

July to September

$ 0.1100 (v)

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period 115329347.00 (vi)

(v) x (vi) $ 12686228.1700 (C)

Market value of class or series

---

4th Specified Trading Period (dd/mm/yy)

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period

Market value of class or series

October to December

$ 0.0400 (vii)

201826357.00 (viii)

(vii) x (viii) $ 8,073,054.2800 (D)

5th Specified Trading Period (dd/mm/yy)

Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period

Market value of class or series

(ix) x (x) $ (E)

(ix) x (x) $ (E)

Average Market Value of Class or Series (Calculate the simple average of the market value of the class or series of security for each applicable specified trading period (i.e. A through E above))

$ 20326797.4062 (1)

(Repeat the above calculation for each other class or series of equity securities of the reporting issuer (and a subsidiary, if applicable) that was listed or quoted on a marketplace at the end of the previous financial year)

---

Fair value of outstanding debt securities:

(Provide details of how value was determined) $ _______________ (2)

Capitalization for the previous financial year (1) + (2) $ _______________ 20326797.4062

Participation Fee $ _______________ 500.0000

Late Fee, if applicable $ _______________

Total Fee Payable $ _______________ 500.0000 (Participation Fee plus Late Fee)