T2 Metals Corp. — AGM Information 2020

Nov 13, 2020

AGUILA AMERICAN GOLD LIMITED

#1305 - 1090 West Georgia Street Vancouver, BC, V6E 3V7

NOTICE OF ANNUAL GENERAL OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the Annual General Meeting (the " Meeting ") of the Shareholders of Aguila American Gold Limited (hereinafter called the " Company ") will be held at Suite 1305, 1090 West Georgia Street, Vancouver, British Columbia, on Wednesday, the 9[th] day of December, 2020, at 10:00 AM (Pacific), for the following purposes:

1. To receive the audited consolidated financial statements of the Company for the fiscal years ended April 30, 2020 and 2019, together with the report of the auditor therein;

2. To fix the number of directors at four (4);

3. To elect directors;

4. To appoint DeVisser Gray LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year at a remuneration to be fixed by the directors;

5. To consider and, if thought fit, to pass an ordinary resolution to ratify and approve the Company’s incentive stock option plan, as more particularly described in the accompanying Management Information Circular; and

6. To transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Accompanying this Notice is a Management Information Circular, a form of Proxy and a Request Form for Annual and Interim Financial Statements. The accompanying Management Information Circular provides information relating to the matters to be addressed at the Meeting and is incorporated into this Notice.

To be valid, the accompanying form of Proxy, duly completed, dated and signed, must arrive at the office of the Registrar and Transfer Agent of the Company, Computershare Investor Services Inc., not less than 48 hours (excluding Saturdays, Sundays and holidays) before the time for holding the Meeting or delivered to the Chairman of the Meeting on the day of but prior to the commencement of the Meeting.

If you are a non-registered shareholder of the Company and received this Notice of Meeting and accompanying materials through a broker, a financial institution, a participant, a trustee or administrator of a self-administered retirement savings plan, retirement income fund, education savings plan or other similar self-administered savings or investment plan registered under the Income Tax Act (Canada), or a nominee of any of the foregoing that holds your security on your behalf (the "Intermediary"), please complete and return the materials in accordance with the instructions provided to you by your Intermediary.

COVID-19 GUIDANCE: In light of ongoing concerns related to the spread of COVID-19, and in order to mitigate the potential risks to the health and safety associated with COVID-19, shareholders are strongly encouraged to vote on the matters before the Meeting by proxy rather than attend the meeting in person.

DATED at Vancouver, British Columbia, this 3[rd] day of November, 2020.

BY ORDER OF THE BOARD

"Nick DeMare"

Nick DeMare, CFO & Corporate Secretary