Ridgestone Mining — Regulatory Filings 2022

Apr 29, 2022

Note: [01 Mar 2017] - The following is a consolidation of 13-501F1. It incorporates amendments to this document that came into effect on March 1, 2017. This consolidation is provided for your convenience and should not be relied on as authoritative.

FORM 13-501F1 CLASS 1 REPORTING ISSUERS AND CLASS 3B REPORTING ISSUERS -PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, Erwin Wong the Form is complete and accurate.	an officer of the reporting issuer noted below have examined this Form 13-501F1 (the Form) being submitted hereunder to the Alberta Securities Commission and certify that to my knowledge, having exercised reasonable diligence, the information provided in
(signed) Erwin Wong	April 29, 2022
Name: Erwin Wong	Date:
Title: Chief Financial Officer
Reporting Issuer Name:	Ridgestone Mining Inc.
End date of previous financial year:	December 31, 2021
Type of Reporting Issuer:	Class 3B reporting $\lceil \times \rceil$ Class 1 reporting issuer issuer
Highest Trading Marketplace:	TSX-V
Market value of listed or quoted equity securities: Equity Symbol	RMI
1st Specified Trading Period (dd/mm/yy)	31/03/21 01/01/21 to
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace	0.1250 (i)

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(ii)		90,398,676
Market value of class or series	$(i)$ x $(ii)$	\$ (A)		11,299,834.5
2nd Specified Trading Period (dd/mm/yy)		01/04/21	$\mathsf{to}$	30/06/21
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (iii)		0.0750
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(iv)		91,610,176
Market value of class or series	$(iii)$ x $(iv)$	\$ (B)		6,870,763.2000
3rd Specified Trading Period (dd/mm/yy)		01/07/21	to	30/09/21
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		(v)		0.0500
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(vi)		91,610,176
Market value of class or series	$(v)$ x $(vi)$	\$ (C)		4,580,508.8000

$\label{eq:R1} \mathcal{R} = \mathcal{R} \left( \mathcal{R} \right) \left( \mathcal{R} \right)$

4th Specified Trading Period (dd/mm/yy)		01/10/21	to	31/12/21
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (vii)		0.0450
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(viii)		98,633,176
Market value of class or series	$(vii)$ x $(viii)$	\$ (D)		4,438,492.9200
5th Specified Trading Period (dd/mm/yy)			to
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (ix)
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(x)
Market value of class or series	$(ix)$ x $(x)$	\$ (E)
Average Market Value of Class or Series (Calculate the simple average of the market value of the class or series of security for each applicable specified trading period (i.e. A through E above))		\$ $\bf(1)$		6,797,399.8600

$\vec{A}$

(Repeat the above calculation for each other class or series of equity securities of the reporting
issuer (and a subsidiary, if applicable) that was listed or quoted on a marketplace at the end of the previous financial year)

Fair value of outstanding debt securities:

(Provide details of how value was determined)	\$ (2)	0.0000
Capitalization for the previous financial year	$(1) + (2)$ \$	6,797,399.8600
Participation Fee	\$	400.0000
Late Fee, if applicable		the control of the control of the control of
Total Fee Payable (Participation Fee plus Late Fee)		400,0000

$\geq$