North Atlantic Titanium Corp. — AGM Information 2022

Sep 21, 2022

MUZHU MINING LTD.

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an annual general meeting (the “ Meeting ”) of holders (“ Shareholders ”) of common shares (the “ Shares ”) of Muzhu Mining Ltd. (the “ Corporation ”) will be held virtually Thursday, October 6, 2022 at 11:00 a.m. (Pacific Standard Time) for the following purposes:

• (1) to receive the audited consolidated financial statements of the Corporation as at and for the year ended December 31, 2021 together with management’s discussion and analysis and the report of the auditors thereon;

• (2) to elect three (3) directors of the Corporation for the ensuing year;

• (3) to re-appoint Cleahouse LLP as the auditors of the Corporation for the ensuing year and to authorize the directors of the Corporation to fix the remuneration to be paid to the auditors; and

• (4) to transact such other business as may properly come before the Meeting or any adjournment thereof.

Registered Shareholders (as defined in the accompanying information circular (the “ Circular ”) and duly appointed proxyholders can attend the Meeting online via Zoom link at https://us06web.zoom.us/j/86518863929 Meeting ID: 865 1886 3929 where they can participate, vote, or submit questions during the Meeting's live webcast.

Additional information relating to the business to be submitted to the Meeting is contained in the management information circular and forms part of this Notice.

The board of directors of the Corporation (the “ Board ” or “ Board of Directors ”) has fixed the close of business on September 1, 2022 as the record date for the purpose of determining Shareholders entitled to receive notice of, and vote at, the Meeting. Only Shareholders of record at the close of business on September 1, 2022 are entitled to vote at the Meeting. The failure of any Shareholder to receive notice of the Meeting does not deprive such Shareholder of the right to vote at the Meeting.

Registered Shareholders, being those Shareholders whose names appear on the Corporation’s central security register as a registered holder of Shares, who are unable to attend the Meeting should complete, sign, date and return the enclosed form of proxy to Capital Transfer Agency ULC ( “Capital”), in accordance with the instructions set out in the form of proxy accompanying the management information circular no later than 10:00 a.m. (Pacific Daylight Time) on October 4, 2022.

Non-registered Shareholders, being Shareholders who beneficially own and hold Shares through a broker or other intermediary and who do not hold Shares in their own names, who have received these materials through their broker or another intermediary should refer to the accompanying management information circular for further instructions.

Dated at Vancouver, British Columbia this 6[th] day of September, 2022.

BY ORDER OF THE BOARD OF DIRECTORS

(Signed) “Richard Sung Yin Tong”

RICHARD SUNG YIN TONG

Chief Financial Officer, Secretary and Director