Northern Territories Assays Show New Mineralized Structures

Disclosures from PearTree Securities, TerraX Minerals Inc., July 21, 2017

Any opinions or analysis herein reflect the views of the Analyst as at the date appearing above, and are subject to change without notice. The Analyst writing the report is not a person or company with actual, implied or apparent authority to act on behalf of any issuer mentioned in this report.

PearTree may, in exchange for remuneration, participate in the financing of companies mentioned in this report. PearTree analysts are salaried employees who may receive a performance bonus that may be derived, in part, from corporate finance income. PearTree and members of their families may hold positions in the companies mentioned in this report and may buy and/or sell these stocks on the market or otherwise.

Analyst Certification: I, Gary Baschuk, hereby certify that the views expressed in this report accurately reflect my personal views about the subject and the issuer.

Important disclosures: PearTree has visited projects of the issuer and a portion of the expenses for this travel may have been reimbursed by the issuer.

The research analyst is not aware of any other material conflict at the time of publication.