Silver Wolf Exploration Ltd. — AGM Information 2020

Aug 19, 2020

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NOTICE OF ANNUAL GENERAL MEETING

TAKE NOTICE that the 2020 Annual General Meeting of the Shareholders of Gray Rock Resources Ltd. (hereinafter called the "Company") will be held at Suite 900 - 570 Granville Street, Vancouver, British Columbia V6C 3P1 on Thursday, September 17, 2020 at 11:00 a.m. (Vancouver time) for the following purposes:

1. to receive the Report of the Directors;

2. to receive the financial statements of the Company for its fiscal year ended December 31, 2019 and the report of the Auditors thereon;

3. to appoint Auditors for the ensuing year and to authorize the Directors to fix their remuneration;

4. to determine the number of directors and to elect directors;

5. to ratify the 10% Rolling Stock Option Plan as described in the accompanying Information Circular; and

6. to transact such other business as may properly come before the Meeting.

Persons who have within 14 days of the date of the Meeting: (i) COVID-19 symptoms, (ii) been in close contact with another person with COVID-19 symptoms, or (iii) travelled outside of Canada, cannot attend the Meeting and should therefore vote only by proxy. For those shareholders who attend the Meeting, physical distancing measures will be applicable, as directed by the Provincial Health Officer. The Company also reserves the right to change the location, date and time of the meeting, based on developments with the COVID-19 pandemic.

Accompanying this Notice are the Information Circular dated August 4, 2020, Form of Proxy, and a Request Form to receive annual and interim financial statements and management discussion and analysis. The accompanying Information Circular provides information relating to the matters to be addressed at the meeting and is incorporated into this Notice.

Shareholders are entitled to vote at the Meeting either in person or by proxy in accordance with the procedures described in the Information Circular accompanying this Notice. Those who are unable to attend the meeting are requested to read, complete, sign, and mail the enclosed form of proxy in accordance with the instructions set out in the proxy and in the Information Circular accompanying this Notice.

DATED at Vancouver, British Columbia, this 4[th] day of August, 2020.

BY ORDER OF THE BOARD OF DIRECTORS

“David Wolfin”

______ David Wolfin President & Chief Executive Officer