Balmoral Resources Extends Depth of Quebec Deposit

Mackie Research, Balmoral Resources Ltd., Nov. 22, 2016
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PI Financial, Balmoral Resources Ltd., Nov. 22, 2016
Analyst Certification: I, Philip Ker, hereby certify that all of the views expressed in this report accurately reflect my personal views about the subject securities or issuers. I also certify that no part of my compensation was, is, or will be, directly or indirectly related to the specific recommendations or views expressed in this report. I am the research analyst primarily responsible for preparing this report.

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