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Thursday, 03/26/2020 12:00:22 PM

Thursday, March 26, 2020 12:00:22 PM

Post# of 126
www.eresearch.com/registration/AbraPlata –Capital Structure& Financings
•In April 2019, AbraPlata closed a non-brokered private placement of 15,000,000 units at a price of $0.05 per unit to raise up to aggregate gross proceeds of $750,000.

•In October 2019, AbraPlata closed a non-brokered private placement of 25,000,000units at a price of $0.06 per unit to raise up to aggregate gross proceeds of $1.5 million.

•On December 19, 2019, Aethon and AbraPlata completed the merger.

•As at December 31, 2019,fully diluted, the Company had
37 3 million shares outstanding, comprised
249.8 million common shares,
11.1 million warrants and
13 million options with average strike prices of $0.25 and $0.25, respectively.

•Major strategic shareholders include Altius Minerals(16.8% –through Fondo de Inversión Privado Mining Equity)and SSR Mining(15.9%).

•Management and insiders own approximately 3%.

•AbraPlata still has outstanding Diablillos property payments of US$5 million and US$7 million to SSR Mining that have been deferred for four years. SSR Mining waived all outstanding advance royalty payments, in exchange for 24.15 million common shares in AbraPlata.AbraPlata–Upcoming Catalysts in 2020

•Diablillos property(Argentina)oOcul to drill program, more results in Q1/2020. Two holes were released in January 2020 and we expect drill results from five to sixmore holes.oPEA update to incorporate optimized CAPEXand grade profile in H2/2020.oRegional exploration activities.

•Cerro Amarillo porphyry project(Argentina): Announce potential earn-in partnership.

•Aguas Perdidas gold project(Argentina): Advancement is subject to improved mining regulations in Chubut province.

•Arcas copper project(Chile): Rio Tinto to advance exploration programas part of earn-in agreement.

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