Pursuant to a special resolution approved by the shareholders on March 20, 2017, the company has consolidated its capital on a one-new-for-10-old basis. The name of the company has not been changed.

Effective at the opening on Thursday, April 13, 2017, the common shares of the company will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as gold and silver ore mining (NAICS No. 212220).

Postconsolidation

Capitalization:  unlimited common shares with no par value, of which 62,816,947 common shares are issued and outstanding

Escrow:  nil shares

Transfer agent:  Computershare Investor Services Inc. (Montreal and Toronto)

Trading symbol:  MTO (unchanged)

Cusip No.:  59138Q822 (new)