Environmentally Responsible Operations

In 2016, Silver Bear retained Environmental Resources Management (ERM), Moscow office to conduct Environmental and Social Baseline Surveys and Impact Assessment ("ESIA") for the Mangazeisky Silver Project. ERM also reviewed the Environmental section of the National Instrument NI-43-101 feasibility study which was developed by Silver Bear in June 2016 and further updated in October 2016 and August 2017.

The Company and Prognoz team is committed to operating responsibly as we uphold industry best practices and strictly adhere to safety and environmental regulations.