Transition Metals Corp. — Audit Report / Information 2023

Jan 30, 2026

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SAMCO GOLD LIMITED.

NOTICE OF CHANGE OF AUDITOR Pursuant to National Instrument 51-102, Section 4.11

TO: Buckley Dodds CPA, Chartered Professional Accountants MNP LLP, Chartered Professional Accountants

RE: Samco Gold Limited (the "Company") Notice of Change of Auditor Pursuant to Part 4.11 of National Instrument 51-102

In compliance with Section 4.11 of National Instrument 51-102 – Continuous Disclosure Requirement ("NI 51-102"), please be advised as follows:

• 1. The Company has decided to change its auditor from MNP LLP, Chartered Professional Accountants (the "Former Auditor") to Buckley Dodds CPA, Chartered Professional Accountants (the "Successor Auditor") effective March 5, 2024.
• 1. MNP LLP, Chartered Professional Accountants, has resigned at the request of the Company.
• 1. Buckley Dodds CPA, Chartered Professional Accountants, has been appointed as successor auditor, to hold office commencing March 5, 2024, until the close of the next annual general meeting of the Company.
• 1. The resignation of the Former Auditor as the Company's auditor and appointment of the Successor Auditor as the Company's auditor were approved by the Board of Directors of the Company and the Audit Committee.
• 1. The Former Auditor has not expressed any reservation or modified opinion on any of the Company's financial statements for (i) the auditors of the two most recently completed fiscal years; and (ii) any period subsequent to the most recently completed period for which an audit report was issued and preceding the effective date of the Former Auditor's resignation.
• 1. To the knowledge of the directors of the Company, no "reportable event" as such term is defined in NI 51-102 has occurred in connection with the audits for the period commencing at the beginning of the Company's most recent financial year and ending at the date of this Notice.

DATED the 5 th day of March, 2024.

SAMCO GOLD LIMITED

Charles Koppel Chief Executive Officer