Analyst Coverage

Company	Analyst
Stifel - Metals and Mining	Ryan Walker

Please note that any opinions, estimates or forecasts regarding the performance of Mako Mining Gold made by these analysts are theirs alone and do not represent the opinions, estimates or forecasts of Mako Mining or its management. By its reference or distribution, Mako Mining does not imply its endorsement of, or concurrence with, such information, conclusions or recommendations. Please contact the research analyst directly to obtain a copy of their report.