Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Recipient of the 2015 e3 Plus award from the AEMQ for high level of environmental and social responsibility, and adherence to industry best practices.

Social Achievements

• Letter of Intent (LOI) signed by Commerce Resources, Makivik Corporation and Nayumivik Landholding Corp. on May 15th, 2019 to facilitate engagement and exchange of information with indigenous communities.
• Three-party committee formed to facilitate engagement and exchange of information with indigenous communities. Last meeting May 10th, 2022

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 2015 e3 Plus award from the AEMQ

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources and no assurance of additional funding.
• Reliance on equity and debt financing.
• Uncertainty regarding the continuation of management and administration contracts.
• Volatility in the market price of common shares.
• Potential conflicts of interest among directors and officers.

Mitigation Strategies

• Diversified investment portfolio across several sectors in the natural resource industry.
• Setting thresholds on purchases of investments.
• Credit reviews, ongoing credit evaluation and account monitoring procedures.
• Disclosure of conflicts of interest and establishment of a special committee of independent directors when necessary.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Conflict-free tantalum production
• Community relations
• Environmental protection

Environmental Achievements

• Environmental baseline studies completed
• Positive relationship with Simpcw First Nations

Social Achievements

• Discussions with the Simpcw First Nation since 2006, resulting in a Memorandum of Understanding in 2010
• Significant time spent engaging with the Simpcw and local communities

Governance Achievements

• Strong management team with experience in tantalum markets

Climate Goals & Targets

Environmental Challenges

• Permitting process (although the presentation highlights a positive shift in BC government's approach)

Mitigation Strategies

• Proactive community engagement and collaboration with Simpcw First Nation

Supply Chain Management

Climate-Related Risks & Opportunities