741,037 Common Shares of Ashley Gold Corp. are subject to a Lock-Up Agreement Ending on 28-APR-2024. These Common Shares will be under lockup for 732 days starting from 27-APR-2022 to 28-APR-2024.

Details:
The Escrow Agreement provides that 10% of the Escrowed Securities will be released from escrow upon receipt of notice from the CSE confirming the listing of the Corporation's Common Shares on the CSE. The remaining 90% of the Escrowed Securities will be released from escrow in 15% tranches at six month intervals over a 36 month period following receipt of such notice.