Path to Commercial Gas Production

TTCBM Project Drilling Program - 2021/22 East Red Lake-1 Current six well drilling program focused on delivering contingent resource certification Red Lake-1 ■ Total depth ("TD") at 1,012 metres; 145 metres of coal core recovered; 58 metres gas bearing Gas composition: 98% methane in seam III and 0, 92.5% methane in seam IV; gas content of 11-15m³/t Red Lake-2 ■ TD at 790 metres; 131 metres of coal core recovered; 47 metres gas bearing Red Lake-3 ■ TD at 702 metres; 82 metres of coal core recovered; 30 metres gas bearing Red Lake-4 ■ TD at 864 metres; 182 metres of coal core recovered; 65 metres gas bearing West Ground level Red Lake-2 200 m 400 m 600 m 800 m Coal seam IV Coal seam III Coal seam 0 Coal seam Horizontal scale 1000 m 500 m NOTE: Vertical scale is exaggerated 1.5x Evaluation program underway and seeking to understand: Gas desorption: to assess gas content Permeability: to identify ease of fluid flow through the coals Gas saturation: via isotherm analysis 12

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