Permit Approval Allows Expansion to High-Priority Targets for Junior Miner in Utah

Disclosures from Haywood Securities, Liberty Gold Corp., Radar Flash, June 27, 2017

Haywood Securities, or certain of its affiliated companies, may from time to time receive a portion of commissions or other fees derived from the trading or financings conducted by other affiliated companies in the covered security. Haywood analysts are salaried employees who may receive a performance bonus that may be derived, in part, from corporate finance income.

Haywood Securities, Inc., and Haywood Securities (USA) Inc. do have officers in common however, none of those common officers affect or control the ratings given a specific issuer or which issuer will be the subject of Research coverage. In addition, the firm does maintain and enforce written policies and procedures reasonably designed to prevent influence on the activities of affiliated analysts.

Analyst Certification: I, Mick Carew, hereby certify that the views expressed in this report (which includes the rating assigned to the issuer’s shares as well as the analytical substance and tone of the report) accurately reflect my/our personal views about the subject securities and the issuer. No part of my/our compensation was, is, or will be directly or indirectly related to the specific recommendations.

Of the companies included in the report the following Important Disclosures apply:

▪As of the end of the month immediately preceding this publication either Haywood Securities, Inc., one of its subsidiaries, its officers or directors beneficially owned 1% or more of Midas Gold Corp. (MAX-T).

▪Haywood Securities, Inc. has reviewed lead projects of Liberty Gold Corp. (LGD-T), Midas Gold Corp. (MAX-T), and a portion of the expenses for this travel may have been reimbursed by the issuer.

▪Haywood Securities, Inc. or one of its subsidiaries has received compensation for investment banking services from Midas Gold Corp. (MAX-T) in the past 24 months.