Lovitt Resources Inc. — AGM Information 2020

Dec 11, 2020

LOVITT RESOURCES INC.

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an annual general meeting (the “ Meeting ”) of holders of common shares (the “ Common Shares ”) of Lovitt Resources Inc. (“ Lovitt ” or the “ Company ”) will be held via teleconference on Thursday, January 7, 2021 at 1:00 p.m. (PST). Shareholders will not be able to attend the Meeting in person.

To participate or submit questions during the Meeting, please refer to the following dial-in instructions:

Canada/USA: 1-800-719-7514 Access Code: 784781

At the Meeting, Shareholders will be asked to:

1. fix the number of directors of the Company at five (5) persons;

2. elect five (5) directors of the Company for the ensuing year;

3. appoint D+H Group LLP as the Company’s auditor for the ensuing year and authorize the directors to determine the remuneration to be paid to the auditor;

4. confirm the Company’s stock option plan, as required annually by the policies of the TSX Venture Exchange; and

5. transact such other business as may property be put before the Meeting.

At the Meeting, Shareholders will also receive and consider the audited financial statements of the Company for the financial year ended June 30, 2020 together with the auditors’ report thereon.

The Information Circular and the appendices thereto are deemed to form part of this Notice of Meeting.

Registered holders of Common Shares who wish to ensure their securities will be voted at the Meeting are requested to date, complete and sign the enclosed form of proxy and deliver it in accordance with the instructions set out in the form of proxy and in this Information Circular. To be effective, proxies must be received before 1:00 p.m. (PST) on January 5, 2021 or if the Meeting is adjourned or postponed, at least 48 business hours (where “business hours” means hours on days other than a Saturday, Sunday or any other holiday in British Columbia or Ontario) before the time on the date to which the Meeting is adjourned or postponed.

Shareholders who do not hold Common Shares in their own name must follow the instructions set out in the voting instruction form or the form of proxy provided to the beneficial shareholder by its intermediary, and in the Information Circular to ensure their Common Shares will be voted at the Meeting. If Common Shares are held in a brokerage account, then in almost all cases those securities will not be registered in the shareholder’s name on the records of Lovitt.

Due to Covid-19 restrictions, all shareholders are to send in their proxy using the below methods and attend the meeting via conference call as provided on page 1 of this Information Circular.

To be effective, the enclosed Proxy Instrument must be returned to the Company’s transfer agent, Computershare Investor Services Inc., (“ Computershare ”):

• (a) by mail using the enclosed return envelope;

• (b) by internet as described on the enclosed proxy; or

(c) by registered mail , by hand or by courier delivery to Computershare Investor Services Inc., 100 University Ave., 8[th] Floor, Toronto, ON M5J 2Y1

All instructions are listed on the enclosed Proxy Instrument. Your proxy or voting instructions must be received in each case no later than 1:00 p.m. (Vancouver Time) on January 5, 2021 or, if the Meeting is adjourned, at least 48 hours (excluding Saturdays, Sundays and statutory holidays in the Province of British Columbia or Ontario) before the beginning of any adjournment to the Meeting.

If you are a non-registered beneficial shareholder , a voting information form (also known as a “ VIF ”), instead of a Proxy Instrument, may be enclosed. You must follow the instructions provided by your intermediary in order to vote your shares.

DATED at Vancouver, British Columbia, on December 3, 2020.

BY ORDER OF THE BOARD OF DIRECTORS

“ Lorne Brown ”

C. Lorne Brown Chief Executive Officer and Director