Goldsource Mines Inc.

What am I Voting on?

Special Resolution

You are being asked to vote on a special resolution, the full text of which is set forth in Appendix A of the Management Information Circular (available in Special Meeting menu), approving the Arrangement involving Goldsource and Mako. If the Arrangement is approved by the Voting Securityholders and subject to satisfaction or waiver of all other conditions to the Arrangement, Mako will acquire all of the issued and outstanding Goldsource Shares for consideration equal to 0.22 of a Mako Share in exchange for each Goldsource Share held immediately prior to the Arrangement.

Upfront Premium

Goldsource shareholders to receive a meaningful upfront premium of 52.1% based on Mako’s and Goldsource’s 20-day volume-weighted average price on the TSX Venture Exchange as at March 25, 2024.

Growth-Focused Gold Producer

The Arrangement is expected to create a platform for scalable production and cash flow growth by combining Mako’s high grade and low-cost Nicaraguan gold mining operation with Goldsource’s 100% owned Eagle Mountain project in Guyana, South America.

Transition of Goldsource to Gold Producer from Gold Explorer. The Combined Entity expects to be able to leverage Mako’s proven engineering and construction teams and robust free cash flow from the San Albino mine together with an expanded capital markets presence to significantly accelerate the development of the Eagle Mountain project.

Significant combined mineral endowment

The business combination affords Goldsource Shareholders exposure to Mako's aggressive exploration program at the high-grade San Albino mine and to the district-scale land package which covers 28 km of prospective strike.