Record of Delivery

    • Nov 12

    • Public spin-off from TSX:ERD

    • Aug 13

    • Sold USA land holdings for $395k

    • Apr 14

    • Monetized Black Point with U.S.’s largest aggregate producer for $1.8 mln & 50 year production royalty

    • Jul 14

    • Worked with prospective buyers, NS govn’t, & Glencore to initiate a change in ownership at Donkin

    • Aug 14

    • Received first royalty payment from Yellow Giant gold project

    • Aug 14

    • Waived ROFR on sale of Glencore’s 75% Donkin interest in favor of third party buyer, The Cline Group

    • Sep 14

    • Completed financing for $1.45 mln at $0.20

    • Dec 14

    • The Cline Group purchased Glencore’s 75% interest in Donkin

    • Dec 14

    • Signed Agreement with Cline for $5.5 mln & 2-4% production royalty

    • Dec 14

    • Completed private placement with Cline subsidiary for $1 mln at $0.30

    • Feb 15

    • Received $2 mln on closing with Cline

    • May 15

    • Submitted Environmental Impact Statement for Black Point

    • May 15

    • Adopted Shareholder Rights Plan

    • Jun 15

    • Odd-lot program eliminated small and odd-lot shareholders (1,250 shares; 0.6% of shares o/s)

    • Feb 16

    • Played out land reversion strategy in Georgia resulting in retention of 1,020 surface acres

    • Apr 16

    • Black Point receives positive environmental permitting decision; Morien receives $400,000

    • Feb 17

    • Cline commences production at Donkin Coal project

    • Apr 17

    • Purchased/cancelled 6.7 mln shares (11.3%) since Jan’15 as part of Normal Course Issuer Bid

    • Jul 17

    • Morien receives first royalty payment from Cline

    • Oct 17

    • Morien receives first minimum royalty payment from Vulcan Materials

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