Pacific Ridge Exploration Ltd. — AGM Information 2020

May 27, 2020

PACIFIC RIDGE EXPLORATION LTD. 11[th] Floor, 1111 Melville Street Vancouver, British Columbia V6E 3V6 Telephone: (604) 687-4951

NOTICE OF 2020 ANNUAL GENERAL MEETING

TAKE NOTICE that the 2020 Annual General Meeting of PACIFIC RIDGE EXPLORATION LTD. (hereinafter called the "Company") will be held at Suite 1100, 1111 Melville Street, Vancouver, British Columbia on:

Thursday, June 25, 2020

at the hour of 11:00 o'clock in the morning (Vancouver time) for the following purposes:

1. To receive the Company’s financial statements for the financial year ended December 31, 2019 and the report of the auditor thereon;

2. To appoint an auditor for the ensuing year;

3. To determine the number of directors and to elect directors;

4. To pass an ordinary resolution relating to the annual approval of the Company’s 10% rolling Stock Option Plan as described in the Information Circular accompanying this Notice; and

5. To transact any other business that may properly come before the Meeting and any adjournment thereof.

An Information Circular and a form of Proxy accompany this Notice. The Information Circular provides additional information relating to the matters to be dealt with at the Meeting and forms part of this Notice.

Registered shareholders are entitled to vote at the Meeting in person or by proxy. Registered shareholders who will not be attending the Meeting, or any adjournment thereof, in person, are requested to read, complete, sign and return the form of Proxy accompanying this Notice in accordance with the instructions set out in the form of Proxy and in the Information Circular accompanying this Notice. Unregistered shareholders who received the form of Proxy accompanying this Notice through an intermediary must deliver the Proxy in accordance with the instructions given by such intermediary.

DUE TO ONGOING CONCERNS RELATED TO THE SPREAD OF COVID-19, AND IN ORDER TO MITIGATE POTENTIAL RISKS TO THE HEALTH AND SAFETY OF THE COMPANY’S SHAREHOLDERS, EMPLOYEES, COMMUNITIES AND OTHER STAKEHOLDERS, SHAREHOLDERS ARE ENCOURAGED NOT TO ATTEND THE MEETING IN PERSON. SHAREHOLDERS ARE STRONGLY ENCOURAGED TO VOTE ON THE MATTERS BEFORE THE MEETING BY PROXY AND TO JOIN THE MEETING BY TELECONFERENCE.

TELECONFERENCE NUMBERS:

Vancouver: 604-688-2602 Canada/USA Toll Free: 1-833-353-8610 UK Toll Free: 08000-689-813 ACCESS CODE: 8473253#

DATED at Vancouver, British Columbia, this 19th day of May, 2020.

BY ORDER OF THE BOARD OF DIRECTORS OF PACIFIC RIDGE EXPLORATION LTD.

“GERALD G. CARLSON”

Gerald G. Carlson President and Chief Executive Officer