'Prospective Explorer' Working Toward Maiden Resource

Disclosure from Cormark Securities, GFG Resources Inc., Morning Meeting Notes, Nov. 15, 2017

We, Tyron Breytenbach and Alex Hunchak, hereby certify that the views expressed in this research report accurately reflect our personal views about the subject company(ies) and its (their) securities. We also certify that we have not been, and will not be receiving direct or indirect compensation in exchange for expressing the specific recommendation(s) in this report.

The firm does not receive compensation for any non-securities or non–investment banking related services.  Neither the analyst nor the associate or any member of his/her household, serve as an officer, director or advisory board member.

Cormark disclosures related to GFG Resources as of 12/6/2017 are available here.