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Ridgestone Mining — Capital/Financing Update 2020
Apr 24, 2020
47513_rns_2020-04-24_fdd5daf7-5c3d-470f-87cd-b8b894e079c9.pdf
Capital/Financing Update
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FORM 51-102F3 MATERIAL CHANGE REPORT
Item 1. Name and Address of Company
Ridgestone Mining Inc. (the " Company " or " Ridgestone ") Suite 606, 666 Burrard Street Vancouver, B.C., V6C 3P6
Item 2. Date of Material Change
April 15, 2020
Item 3. News Release
A news release was disseminated on April 17, 2020.
Item 4. Summary of Material Change
The Company issued 700,000 common shares at a deemed value of $0.15 as payment for consulting services fees.
Item 5.1 Full Description of Material Change
The Company obtained TSX Venture Exchange approval to issue 700,000 common shares of the Company at a deemed value of $0.15 per share (the " Shares "), as payment to Leede Jones Gable Inc. that was due for their consulting services fees pursuant to a consulting agreement dated November 1, 2019. The Shares are subject to a four month hold period expiring on August 16, 2020.
Item 5.2 Disclosure for Restructuring Transactions
Not applicable
Item 6. Reliance on subsection 7.1(2) of National Instrument 51-102
No information has been omitted in this material change report on the basis that it is confidential information.
Item 7. Omitted Information
Not Applicable.
Item 8. Executive Officer
Erwin Wong, Chief Financial Officer, Corporate Secretary and Director Telephone: 604-377-8758
Item 9. Date of Report
April 24, 2020