Meridian Mining — Capital/Financing Update 2024

Apr 3, 2024

Borden Ladner Gervais LLP
Bay Adelaide Centre, East Tower
22 Adelaide Street West
Toronto, ON, Canada M5H 4E3
T 416.367.6000
F 416.367.6749
blg.com

BUG
Borden Ladner Gervais

April 3, 2024

VIA SEDAR

Ontario Securities Commission
British Columbia Securities Commission
Alberta Securities Commission

Dear Sirs/Mesdames:

Re: Meridian Mining UK Societas (the "Issuer")

We refer you to prospectus supplement of the Issuer dated April 3, 2024 (the "Supplement") to the short form base shelf prospectus of the Issuer dated February 24, 2023, relating to the offering of common shares of the Issuer.

We hereby consent to the references to our firm name on the third cover page of the Supplement and under the headings "Legal Matters" and "Plan of Distribution". We also consent to the reference to and use of our firm name and opinion under the heading "Eligibility for Investment".

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

Yours truly,

(signed) "Borden Ladner Gervais LLP"

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