Early Warning Report for John Barakso Filed Pursuant to National Instrument 62-103 John Barakso announced today that, as a result of the previously announced private placement financing of Finlay Minerals Ltd. that closed on July 9, 2021 his subsequent exercise of stock options to acquire 350,000 common shares of Finlay on July 13, 2021 for an aggregate exercise price of $17,500 and, indirectly through Baril Developments Ltd., a private company controlled by Mr. Barakso his acquisition of … John Barakso announced today that, as a result of the previously announced private placement financing of Finlay Minerals Ltd. (” Finlay “) that closed on July 9, 2021 (the ” Financing “), his subsequent exercise of stock options to acquire 350,000 common shares of Finlay (” Shares “) on July 13, 2021 for an aggregate exercise price of $17,500 and, indirectly through Baril Developments Ltd., a private company controlled by Mr. Barakso (” Baril “), his acquisition of 1,358,332 Shares on July 31, 2021 pursuant to the exercise of share purchase warrants for an aggregate exercise price of $135,833.20 Mr. Barakso’s holdings were reduced on a fully-diluted basis from 60.30% prior to the Financing to 41.30%.