Shine Minerals Corp. — AGM Information 2020

Dec 10, 2020

SHINE MINERALS CORP.

NOTICE OF ANNUAL GENERAL & SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON DECEMBER 29, 2020

NOTICE IS HEREBY GIVEN that an annual general and special meeting (the “ Meeting ”) of Shareholders of Shine Minerals Corp. (the “ Company ”) will be held at Suite 605-815 Hornby Street, Vancouver, B.C., Canada V6Z 2E6 on Thursday, December 29, 2020 at 10:00 AM (Vancouver Time) for the following purposes:

1. to receive and consider the audited financial statements of the Company for the financial years ended June 30, 2020 and 2019, together with the reports of the auditors thereon;

2. to fix the number of directors of the Company at three (3);

3. to elect the directors of the Company for the ensuing year;

4. to re-appoint the auditors for the ensuing year and to authorize the directors of the Company to determine the remuneration to be paid to the auditors;

5. to consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution affirming, ratifying and approving the Company’s 10% rolling stock option plan, as more particularly described in the accompanying management information circular (the “ Circular ”);

6. to consider, and if deemed appropriate, pass, subject to regulatory approval, an ordinary resolution of disinterested shareholders approving the option for Devinder Randhawa to acquire 3,000,000 common shares from Ross McElroy, as more particularly described in the Circular, and the creation of a new Control Person (as such term is defined in the policies of the TSX Venture Exchange) (the “ Control Person Resolution ”); and

7. to transact such other business as may properly come before the Meeting or any adjournment(s) or postponement(s) thereof.

This notice of Meeting is accompanied by: (a) the Circular; and (b) either a form of proxy for registered Shareholders or a voting instruction form for beneficial Shareholders. The Circular accompanying this notice of Meeting is incorporated into and shall be deemed to form part of this notice of Meeting. The record date for the determination of Shareholders entitled to receive notice of, and to vote at, the Meeting or any adjournments or postponements thereof is November 24, 2020 (the “ Record Date ”). Shareholders whose names have been entered in the register of Shareholders at the close of business on the Record Date will be entitled to receive notice of, and to vote, at the Meeting or any adjournments or postponements thereof.

In light of the rapidly evolving public health guidelines related to COVID-19, the Company asks Shareholders to consider voting their shares by proxy and not attend the Meeting in person.

A Shareholder may attend the Meeting in person or may be represented by proxy. Shareholders who are unable to attend the Meeting or any adjournments or postponements thereof in person are requested to complete, date, sign and return the accompanying form of proxy for use at the Meeting or any adjournments or postponements thereof. As a shareholder, you can choose from three different ways to vote your shares by proxy: (a) by mail or delivery in the addressed envelope provided or deposited at the offices of AST Trust Company (Canada), Proxy Department, PO Box 721, Agincourt, Ontario M1S 0A1 , on behalf of the Company, so as to arrive not later than 10:00 AM (Vancouver time) on Thursday, December 24, 2020, or if the Meeting is adjourned, at the latest 48 hours (excluding Saturdays, Sundays and holidays) before the time set for any reconvened meeting at which the proxy is to be used; (b) by e-mail: proxyvote@astfinancial.com ; or (c) by fax: (416) 368-2502 or North American Toll Free Fax Number 1-800-781-3111 , unless the chair of the Meeting elects to exercise his or her discretion to accept proxies received subsequently to 10:00 AM (Vancouver time) on Thursday, December 24, 2020.

The above time limit for deposit of proxies may be waived or extended by the chair of the Meeting at his or her discretion without notice.

DATED this 25[th] day of November, 2020.

BY ORDER OF THE BOARD OF DIRECTORS

“ Devinder Randhawa ”

Devinder Randhawa CEO & Director

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