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Disclosures for Red Cloud Securities, Seabridge Gold Inc., April 18, 2022
Red Cloud Securities Inc., its affiliates and their respective officers, directors, representatives, researchers and members of their families may hold positions in the
companies mentioned in this document and may buy and/or sell their securities.
Additionally, Red Cloud Securities Inc. may have provided in the past, and may provide in the future, certain advisory or corporate finance services and receive financial and other incentives from issuers as consideration for the provision of such services
The analyst has visited the head office of the issuer or has viewed its material operations.
The issuer paid for or reimbursed the analyst for a portion or all of the travel expense associated with a visit.
Analyst Certification: The Red Cloud Securities Inc. Analyst named on the report hereby certifies that the recommendations and/or opinions expressed herein accurately reflect such research analyst’s personal views about the company and securities that are the subject of this report; or any companies mentioned in the report that are also covered by the named analyst. In addition, no part of the research analyst’s compensation is, or will be, directly or indirectly, related to the specific recommendations or views expressed by such research analyst in this report.