Plan of arrangement

Pursuant to special resolutions passed by the shareholders of Rhyolite Resources Ltd. on June 12, 2026, Rhyolite Resources and Gold Hart Copper Corp. have completed a plan of arrangement under Section 193 of Part 15 of the Business Corporations Act (Alberta). The arrangement was completed on June 29, 2026, and has resulted in Gold Hart acquiring all of the issued and outstanding common shares of Rhyolite Resources for consideration consisting of one common share of Gold Hart for every 2.6 common shares of Rhyolite Resources acquired.

For additional information, please refer to the information circular of Rhyolite Resources dated May 12, 2026, and the news releases dated Feb. 17, 2026, April 7, 2026, and July 2, 2026, available on Rhyolite Resources' and Gold Hart's respective profiles on SEDAR+.

Postarrangement capitalization of Gold Hart

Capitalization:  unlimited common shares with no par value, of which 252,247,185 common shares are issued and outstanding

Transfer agent:  Odyssey Trust Company of Canada

Trading symbol:  HART (unchanged)

Cusip No.:  38060B 10 2 (unchanged)

Delisting

As a result of the completion of the arrangement, effective at the close of business on Friday, July 3, 2026, the common shares of Rhyolite Resources will be delisted from the TSX Venture Exchange.