Lara Exploration Ltd (LRA) Common NPV

Lara Exploration Ltd. is an exploration company. The Company holds a diverse portfolio of prospects, deposits and royalties in Brazil, Peru and Chile. Its projects in Brazil include Planalto Copper Project, Liberdade Copper Project, and Celesta Copper Project. Its projects in Peru include Corina Gold Project, Kenita Polymetallic Project, Lara Copper Project, and Picha Copper-Silver Project. Its projects in Chile include the Bahia Inglesa Phosphate Project. The Planalto Project comprises a about 3,866-hectare (ha) block of exploration licenses. The Liberdade Copper Project comprises an exploration license of about 8,491 ha. The Celesta Copper Project comprises multiple high-grade iron oxide copper gold (IOCG) breccias. The Corina Gold Project comprises a block of licenses totaling about 8,300 ha. The Lara Property consists of three mineral concessions, covering an area of about 1,800 ha. The Kenita Polymetallic Project is located in the Huancavelica Department of Central Peru.