Mako Mining — Regulatory Filings 2022

Apr 19, 2022

170123 MJ

FORM 13 501F1 CLASS 1 AND CLASS 3B REPORTING ISSUERS PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, ________________________________________, 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.

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----- Start of picture text ----- (s) "Maria Milagros Paredes"19Name: Date:Title:Reporting Issuer Name:End date of previous financial year:Type of Reporting Issuer: Class 1 Reporting Issuer Class 3B Reporting IssuerHighest Trading Marketplace:----- End of picture text -----

Market value of listed or quoted equity securities:

Equity SymbolMarket value of class or serieMarket value of class or serieMarket value of class or serie1st Specified Trading Period2nd Specified Trading Period3rd Specified Trading PeriodClosing price of the security isecurity was listed or quotedClosing price of the security isecurity was listed or quotedNumber of securities in the clspecified trading periodClosing price of the security isecurity was listed or quotedNumber of securities in the clspecified trading periodNumber of securities in the clspecified trading period

to$ (i)(ii)s(i) x (ii)$(A)to$(iii)(iv)s(iii) x (iv)$(B)to$ (v)(vi)s(v) x (vi)$(C) n the class or series on the last trading day of the specified trading period in which suchon the highest trading marketplacen the class or series on the last trading day of the specified trading period in which suchon the highest trading marketplace(DD/MM/YY)(DD/MM/YY)(DD/MM/YY)ass or series of such security outstanding at the end of the last trading day of the(DD/MM/YY)(DD/MM/YY)(DD/MM/YY)n the class or series on the last trading day of the specified trading period in which suchon the highest trading marketplaceass or series of such security outstanding at the end of the last trading day of theass or series of such security outstanding at the end of the last trading day of the

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----- Start of picture text ----- 4th Specified Trading Period to(DD/MM/YY) (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 suchsecurity was listed or quoted on the highest trading marketplace $ (vii)Number of securities in the class or series of such security outstanding at the end of the last trading day of thespecified trading period (viii)Market value of class or series (vii) x (viii) $ (D)5th Specified Trading Period to(DD/MM/YY) (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 suchsecurity was listed or quoted on the highest trading marketplace $ (ix)Number of securities in the class or series of such security outstanding at the end of the last trading day of thespecified trading period (x)Market value of class or series (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)) $ (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 $ (2)(Provide details of how value was determined)Capitalization for the previous financial year (1) + (2) $Participation Fee $Late Fee , if applicable $Total Fee Payable(Participation Fee plus Late Fee) $----- End of picture text -----

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