Silver Bear Resources Plc — Regulatory Filings 2021

Nov 10, 2021

Ché Osmond, CGeol Wardell Armstrong International Ltd. Baldhu House, Wheal Jane Earth Science Park, Baldhu, Truro, Cornwall, United Kingdom TR3 6EH

CONSENT OF QUALIFIED PERSON

I, Ché Osmond, do hereby consent to the public filing of the technical report entitled “Technical Report Mangazeisky Silver Project MRE Update and Strategy Re-Assessment, Republic of Sakha (Yakutia), Russian Federation” dated 10[th] November 2021, with an effective date of 28[th] May 2020 (the “Technical Report”) by Silver Bear Resources PLC (the “Issuer”) in connection with the announcement by the Issuer on 10[th] November 2021.

I also consent to any extracts from or a summary of the Technical Report by the Issuer.

I confirm that I have read the 10[th] November 2021 news release that the Technical Report supports being filed by the Issuer and that it fairly and accurately represents the information in the sections of the Technical Report for which I am responsible.

Dated this [ same date as certificate ]

“Ché Osmond” Sealed and Signed

Ché Osmond, BSc (Hons), MSc, CGeol, EurGeol, FGS Technical Director Wardell Armstrong International Ltd.