Contract analysis

1. Credit Agreement dated as of August 12, 2019, among Torchlight Mining Corp. (as Borrower), Wolverine Lake Mining Ltd. and Torchlight Milling & Processing Inc. (as Guarantors), and Ridgeline Bank of Canada (as Administrative Agent and Lender), as amended by the First Amendment thereto dated as of March 6, 2020 and the Second Amendment thereto dated as of November 14, 2021.

2. General Security Agreement dated as of August 12, 2019, granted by each of Torchlight Mining Corp., Wolverine Lake Mining Ltd., and Torchlight Milling & Processing Inc. in favor of Ridgeline Bank of Canada, as Administrative Agent and secured party.

3. Guarantee dated as of August 12, 2019, granted by Wolverine Lake Mining Ltd. in favor of Ridgeline Bank of Canada, as Administrative Agent, guaranteeing the obligations of Torchlight Mining Corp. under the Credit Agreement.

4. Guarantee dated as of August 12, 2019, granted by Torchlight Milling & Processing Inc. in favor of Ridgeline Bank of Canada, as Administrative Agent, guaranteeing the obligations of Torchlight Mining Corp. under the Credit Agreement.

5. Pledge Agreement dated as of August 12, 2019, among Torchlight Mining Corp. (as Pledgor) and Ridgeline Bank of Canada (as Pledgee and Administrative Agent), pursuant to which Torchlight pledged all of its equity interests in Wolverine Lake Mining Ltd. and Torchlight Milling & Processing Inc. to Ridgeline.

6. All ancillary documents, side letters, compliance certificates, borrowing request notices, interest rate selection notices, officer's certificates, and all other instruments and documents delivered in connection with or pursuant to any of the foregoing loan documents. SCHEDULE B LIST OF PPSA AND OTHER REGISTRATIONS TO BE DISCHARGED The following table sets forth all registrations under the Personal Property Securi