Pedro Resources Ltd. — Audit Report / Information 2021

Nov 10, 2021

PEDRO RESOURCES LTD. NOTICE OF CHANGE OF AUDITORS PURSUANT TO NATIONAL INSTRUMENT 51-102 (“NI 51-102”)

TO: RSM CANADA LLP

AND TO: MNP LLP AND TO: BRITISH COLUMBIA SECURITIES COMMISSION ALBERTA SECURITIES COMMISSION ONTARIO SECURITIES COMMISSION

RE: NOTICE REGARDING PROPOSED CHANGE OF AUDITOR PURSUANT TO NI 51-102

Notice is hereby given that the board of directors of Pedro Resources Ltd. (the “ Company ”) determined:

1. to accept the resignation, on its own initiative, dated November 5, 2021, of RSM Canada LLP (the “ Former Auditor ”), as auditor of the Company;

2. to appoint MNP LLP (the “ Successor Auditor ”), as auditor of the Company, effective November 5, 2021;

3. there have been no modified opinions in the Former Auditor’s reports on any of the Company’s financial statements for the two most recently completed fiscal years nor for any period subsequent to the most recently completed fiscal year; and

4. in the opinion of the Company, prior to the resignation, and as at the date hereof, there were no reportable events as defined in NI 51-102 (Part 4.11).

The contents of this Notice and the termination of the Former Auditor and the proposed appointment of the Successor Auditor were approved by the Audit Committee and the Board of Directors of the Company.

DATED at Toronto, Ontario this 9[th] day of November, 2021.

BY ORDER OF THE BOARD OF DIRECTORS OF PEDRO RESOURCES LTD.

“Brian Stecyk” (signed)

Brian Stecyk Chief Executive Officer