Pelangio Exploration Inc. — AGM Information 2021

Jun 3, 2021

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS OF

PELANGIO EXPLORATION INC.

TAKE NOTICE that an annual general and special meeting (the "Meeting") of the shareholders ("Shareholders") of PELANGIO EXPLORATION INC. (the "Corporation") will be held on June 30, 2021 at 4139 Britannia Rd., Burlington, Ontario, L7M 0R8 at 10:00 a.m. EDT (local time) for the following purposes:

1. to receive financial statements of the Corporation for the year ended December 31, 2020, together with the Auditors Report thereon;

2. to elect directors for the ensuing year;

3. to appoint auditors for the ensuing year;

4. to authorize the directors to fix the remuneration of the auditors;

5. to consider and, if deemed advisable, to pass, with or without variation, an ordinary resolution approving an amendment to the Stock Option Plan of the Corporation, as more particularly described in the accompanying Management Information Circular; and

6. to transact such other business as may properly be brought before the Meeting or any adjournment thereof.

As a result of heightened health and safety concerns related to the COVID-19 pandemic, in person attendance at the Meeting will be limited to registered shareholders, duly appointed proxyholders, and essential personnel. The Corporation strongly encourages shareholders not to attend the Meeting in person and to consult the recommendations of the Public Health Agency of Canada, Ontario Health and local public health authorities for preventing the spread of COVID-19 through the practice of physical distancing. The Corporation encourages shareholders to vote their common shares prior to the Meeting following the instructions set out in the enclosed Management Information Circular and Proxy.

Accompanying this Notice of Meeting are: (1) the Management Information Circular, which provides additional information relating to the matters to be dealt with at the Meeting; (2) a form of proxy or voting instruction form; (3) a return envelope for use by Shareholders to send in their proxy; and (4) a request card for use by Shareholders who wish to receive interim and annual financial statements and related management

Shareholders of record at the close of business on May 26, 2021 will be entitled to receive notice of, and to vote at, the Meeting or any adjournment(s) thereof.

If you are a registered Shareholder of Common Shares and are unable to attend the Meeting in person, please complete , sign, date and return the enclosed form of proxy. A proxy will not be valid unless it is deposited at the office of Computershare Investor Services Inc. ("Computershare"), Proxy Department, 100 University Avenue, 8[th] Floor, Toronto, Ontario, M5J 2Y1, on or before 10:00 a.m. on June 28, 2021.

If you are a non-registered Shareholder of Common Shares and a non-objecting beneficial owner and receive a voting instruction form from transfer agent, Computershare, please complete and return the form in accordance with the instructions of Computershare. If you do not complete and return the form in accordance with such instructions, you may lose your right to vote at the meeting.

If you are a non-registered Shareholder of Common Shares and an objecting beneficial owner and receive these materials through your broker or through another intermediary, please complete and return the materials in accordance with the instructions provided to you by your broker or such other intermediary. If you do not complete and return the materials in accordance with such instructions, you may lose your right to vote at the Meeting.

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DATED at Toronto, Ontario as of May 25[th] , 2021. By Order of the Board

Ingrid Hibbard President and Chief Executive Officer

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