Gold Resource Corp (GORO)

[Lowjack]

Promissory Note
The promissory note was acquired in the Aquila Transaction. In October 2021, Aquila sold its Wisconsin assets to Green Light
Metals in return for a C$4.9 million ($3.9 million) promissory note. Under the promissory note, Green Light Metals is to pay C$0.9
million cash and deliver C$4.0 million in Green Light Metal shares once Green Light Metals goes public. The cash and shares will be
delivered upon completion of Green Light Metals listing on the TSX and the shares are expected to represent approximately 18% of the
total outstanding shares of Green Light Metals. Upon maturity on December 31, 2022, the shares of Green Light Metals will be recorded
at fair value as available-for-sale securities. Due to the short maturity of the promissory note, the carrying amount approximates the fair
value, and likewise, no interest and collateral is required.

pg. 67
https://app.quotemedia.com/data/downloadFiling?webmasterId=96484&ref=116544663&type=PDF&symbol=GORO&companyName=Gold+Resource+Corporation&formType=10-K&formDescription=Annual+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2022-03-10&CK=1160791

https://www.wpr.org/canadian-mining-company-receives-license-conduct-exploratory-drilling-wisconsin

So keep Eyes peeled for Green Light filings.