Wescan Goldfields Inc. — Regulatory Filings 2023

Apr 28, 2023

Note: [01 Mar 2017] - The following is a consolidation of 13-501F1. It incorporates amendments to this document that came into effect on March 1, 2017. This consolidation is provided for your convenience and should not be relied on as authoritative.

FORM 13-501F1 CLASS 1 REPORTING ISSUERS AND CLASS 3B REPORTING ISSUERS -PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, W. Connor MacNeill	, an officer of the reporting issuer noted below have examined this
	Form 13-501F1 (the Form) being submitted hereunder to the Alberta Securities Commission and
certify that to my knowledge, having exercised reasonable diligence, the information provided in
the Form is complete and accurate.

Name: W. Connor Mac Neill Title: Interim Chief Financial Officer

$04/13/2023$

$\vec{v}$

Reporting Issuer Name:	WESCAN GOLDFIELDS INC.
End date of previous financial year:	December 31, 2022
Type of Reporting Issuer:	$\lceil \times \rceil$ Class 1 reporting issuer	issuer		Class 3B reporting
Highest Trading Marketplace:	TSX VENTURE
Market value of listed or quoted equity securities:
Equity Symbol		WGF.V
1st Specified Trading Period (dd/mm/yy)		01/01/2022	to	31/03/2022
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ $\rm(i)$		0.0800

Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		46,796,510
		(ii)
Market value of class or series	$(i)$ x $(ii)$	\$ (A)		3,743,720.8000
2nd Specified Trading Period (dd/mm/yy)		01/04/2022	to	30/06/2022
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (iii)		0.0900
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(iv)		50,084,320
Market value of class or series	$(iii)$ x $(iv)$	\$ (B)		4,507,588.8000
3rd Specified Trading Period (dd/mm/yy)		01/07/2022	to	30/09/2022
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (V)		0.0400
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(vi)		50,084,320
Market value of class or series	$(v)$ x $(vi)$	\$ (C)		2,003,372.8000

4th Specified Trading Period (dd/mm/yy)		01/10/2022	to	30/12/2022
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (vii)		0.0400
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(viii)		50,084,320
Market value of class or series	$(vii)$ x $(viii)$	$\mathbb{S}_{-}$ (D)		2,003,372.8000
5th Specified Trading Period (dd/mm/yy)			to
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace		\$ (ix)
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period		(x)
Market value of class or series	$(ix)$ x $(x)$	Œ
Average Market Value of Class or Series (Calculate the simple average of the market value of the class or series of security for each applicable specified trading period (i.e. A through E above))		\$ $\bf(1)$		3,064,513.8000

(Repeat the above calculation for each other class or series of equity securities of the reporting issuer (and a subsidiary, if applicable) that was listed or quoted on a marketplace at the end of the previous financial ye

Fair value of outstanding debt securities:

(Provide details of how value was determined)	\$ La Carlo de la Carlo de la Carlo de la C (2)
Capitalization for the previous financial year	3,064,513.8000 $(1) + (2)$ \$
Participation Fee	400.0000 $\sim$
Late Fee, if applicable	\$
Total Fee Payable (Participation Fee plus Late Fee)	400.0000 $\sim$