Mercuria Copper Option Pursuant to the Financing Agreement, the Company has agreed to grant Mercuria an option to acquire, for an aggregate purchase price of $5 million, call options on a portion of the Company's copper production on market terms to be agreed between the Company and Mercuria (the " Copper Option "). The Copper Option is subject to compliance with regulatory requirements (including any required approvals by the TSX), any required third-party consents (including the Company's lenders, if required) and the approval by the independent directors of the Company. Concord Extension On April 27, 2023, the Company and Concord Resources Limited (" Concord ") agreed to extend the term of the Company's working capital facility with Concord (the " Working Capital Facility ") for 36 months upon satisfaction of certain completion conditions, which would allow the Company to re-commence draws under the Working Capital Facility upon the resumption of concentrate deliveries to Concord.