On July 6, 2022, Gold Standard obtained an interim order (the "Interim Order") from the Supreme Court of British Columbia (the "Court") authorizing the holding of the Meeting and matters relating to the conduct of the Meeting. At the Meeting, Security Holders will be asked to consider and, if deemed advisable, pass a special resolution (the "Resolution") to approve an arrangement, in accordance with the terms of an arrangement agreement entered into by the Company and Orla on June 12, 2022 (the "Arrangement Agreement"), pursuant to which Orla agreed to acquire all of the issued and outstanding Gold Standard common shares by way of a statutory plan of arrangement.