Thor Explorations Ltd. — AGM Information 2021

Nov 18, 2021

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THOR EXPLORATIONS LTD. 404-119 West Pender Street Vancouver, BC V6B 1S5

Telephone: (778) 658-6391 Fax: (604) 434-1487

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general and special meeting (the “ Meeting ”) of the shareholders of Thor Explorations Ltd. (the “ Company ”) will be held virtually on December 17, 2021, at 9:00 a.m. (Pacific time).

Shareholders are encouraged to vote on the matters before the Meeting by proxy.

The Meeting will be held for the following purposes:

1. to receive the audited financial statements of the Company for the financial year ended December 31, 2020, and the report of the auditors thereon;

2. to appoint auditors for the ensuing year at a remuneration to be fixed by the directors;

3. to fix the number of directors of the Company for the ensuing year at seven (7);

4. to elect the directors to hold office until the close of the next annual general meeting of shareholders of the Company;

5. to consider and, if deemed appropriate, to pass an ordinary resolution to approve the Company’s Omnibus Incentive Plan, as more particularly set out in the accompanying Information Circular; and

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

The accompanying information circular (the “Circular”) provides additional information relating to the matters to be dealt with at the Meeting and is supplemental to and expressly made a part of this Notice of Meeting.

In light of the ongoing COVID-19 pandemic and in order to protect the health and safety of shareholders, employees and the broader community, and based on government recommendations to avoid large gatherings, the Company will not be permitting attendance in person. We strongly urge you to vote by proxy in advance of the Meeting and to listen to the Meeting online. Registered shareholders or proxyholders representing registered shareholders participating in the Meeting virtually will be considered to be present in person at the Meeting for the purposes of determining quorum.

Registered shareholders who are unable to attend the Meeting in person and who wish to ensure that their shares will be voted at the Meeting are requested to complete, date and sign the enclosed form of proxy, or another suitable form of proxy, and deliver it at least 48 hours prior to the Meeting (excluding Saturdays, Sundays and statutory holidays) and in accordance with the instructions set out in the form of proxy and in the Circular.

If you are a non-registered shareholder of the Company and receive this Notice of Meeting and accompanying materials through a broker, financial institution, participant, trustee or administrator of 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

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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.

In order to attend the Meeting, shareholders are asked to their interest to attend the Meeting by email at info@thorexpl.com. The Company will reply to those authorized to attend the Meeting with a link to the Meeting and the applicable Meeting ID and password.

In order to access the Meeting through Zoom, shareholders will need to download the application onto their computer or smartphone and then once the application is loaded, enter the Meeting ID and Password that will be provided by the Company, as described above.

Shareholders will have the option through the application to join the video and audio or simply view and listen.

An information circular and a form of proxy accompany this notice.

DATED at Vancouver, British Columbia, this 8th day of November, 2021.

BY ORDER OF THE BOARD OF DIRECTORS OF THOR EXPLORATIONS LTD.

“Olusegun Lawson”

Olusegun Lawson President and Chief Executive Officer