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Investor Presentaiton

NOBEL Rescues Cero. Appendix Acquisition Agreement ■Nobel has the right to acquire a 100% interest in the Algarrobo IOCG Property by making. staged annual payments over 5 years as follows: US$300,000 on signing (completed); $250,000 in 12 months; $450,000 in 24 month; $1,000,000 in 36 months; $5,000,000 in 48 months; $5,000,000 in 60 months; totaling US$12 million Final additional payment of $3 million due on completion of permitting and financing for a major operation including on-site processing plant All payments are in US$ and are at the option of Nobel ■Upon Nobel vesting at 100% the vendor will be granted a 2% NSR on future production from the Algarrobo IOCG Property Investor Presentation November 2021 20
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