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ET Q q 0 0 0 rg BT 76.74 346.90 Td (feasibility ) Tj ET Q q 0 0 0 rg BT 120.37 346.90 Td (study ) Tj ET Q q 0 0 0 rg BT 146.78 346.90 Td (on ) Tj ET Q q 0 0 0 rg BT 160.40 346.90 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 187.91 346.90 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 220.98 346.90 Td (\(the ) Tj ET Q q 0 0 0 rg BT 240.72 346.90 Td ("Feasibility ) Tj ET Q q 0 0 0 rg BT 291.23 346.90 Td (Study"\); ) Tj ET Q q 0 0 0 rg BT 328.96 346.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 380.37 346.90 Td (about ) Tj ET Q q 0 0 0 rg BT 407.90 346.90 Td (the ) Tj ET Q q 0 0 0 rg BT 424.30 346.90 Td (Company) Tj ET Q q 0 0 0 rg BT 469.14 346.90 Td (s ) Tj ET Q q 0 0 0 rg BT 476.64 346.90 Td (plans ) Tj ET Q q 0 0 0 rg BT 503.05 346.90 Td (for ) Tj ET Q q 0 0 0 rg BT 517.22 346.90 Td (its ) Tj ET Q q 0 0 0 rg BT 529.72 346.90 Td (mineral ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 334.90 Td (properties; ) Tj ET Q q 0 0 0 rg BT 98.39 334.90 Td (Bluestone) Tj ET Q q 0 0 0 rg BT 144.91 334.90 Td (s ) Tj ET Q q 0 0 0 rg BT 151.56 334.90 Td (business ) Tj ET Q q 0 0 0 rg BT 192.67 334.90 Td (strategy) Tj ET Q q 0 0 0 rg BT 227.50 334.90 Td (, ) Tj ET Q q 0 0 0 rg BT 231.93 334.90 Td (plans ) Tj ET Q q 0 0 0 rg BT 257.48 334.90 Td (and ) Tj ET Q q 0 0 0 rg BT 275.81 334.90 Td (outlook; ) Tj ET Q q 0 0 0 rg BT 312.48 334.90 Td (the ) Tj ET Q q 0 0 0 rg BT 328.03 334.90 Td (future ) Tj ET Q q 0 0 0 rg BT 355.25 334.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 393.59 334.90 Td (or ) Tj ET Q q 0 0 0 rg BT 404.13 334.90 Td (operating ) Tj ET Q q 0 0 0 rg BT 447.47 334.90 Td (performance ) Tj ET Q q 0 0 0 rg BT 505.26 334.90 Td (of ) Tj ET Q q 0 0 0 rg BT 515.24 334.90 Td (Bluestone; ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 322.90 Td (capital ) Tj ET Q q 0 0 0 rg BT 83.25 322.90 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 148.13 322.90 Td (corporate ) Tj ET Q q 0 0 0 rg BT 195.21 322.90 Td (general ) Tj ET Q q 0 0 0 rg BT 233.41 322.90 Td (and ) Tj ET Q q 0 0 0 rg BT 254.93 322.90 Td (administration ) Tj ET Q q 0 0 0 rg BT 322.03 322.90 Td (expenses ) Tj ET Q q 0 0 0 rg BT 369.67 322.90 Td (and ) Tj ET Q q 0 0 0 rg BT 391.20 322.90 Td (exploration ) Tj ET Q q 0 0 0 rg BT 444.96 322.90 Td (and ) Tj ET Q q 0 0 0 rg BT 466.48 322.90 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 516.91 322.90 Td (expenses; ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 310.90 Td (expected ) Tj ET Q q 0 0 0 rg BT 94.62 310.90 Td (working ) Tj ET Q q 0 0 0 rg BT 133.61 310.90 Td (capital ) Tj ET Q q 0 0 0 rg BT 167.05 310.90 Td (requirements; ) Tj ET Q q 0 0 0 rg BT 232.72 310.90 Td (proposed ) Tj ET Q q 0 0 0 rg BT 278.95 310.90 Td (production ) Tj ET Q q 0 0 0 rg BT 330.18 310.90 Td (timelines ) Tj ET Q q 0 0 0 rg BT 374.17 310.90 Td (and ) Tj ET Q q 0 0 0 rg BT 395.39 310.90 Td (rates; ) Tj ET Q q 0 0 0 rg BT 424.93 310.90 Td (funding ) Tj ET Q q 0 0 0 rg BT 462.27 310.90 Td (availability; ) Tj ET Q q 0 0 0 rg BT 515.71 310.90 Td (and ) Tj ET Q q 0 0 0 rg BT 536.93 310.90 Td (future ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 298.90 Td (exploration ) Tj ET Q q 0 0 0 rg BT 101.20 298.90 Td (and ) Tj ET Q q 0 0 0 rg BT 120.66 298.90 Td (operating ) Tj ET Q q 0 0 0 rg BT 165.14 298.90 Td (plans. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 274.90 Td (All ) Tj ET Q q 0 0 0 rg BT 62.57 274.90 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 132.89 274.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 183.75 274.90 Td (are ) Tj ET Q q 0 0 0 rg BT 200.16 274.90 Td (made ) Tj ET Q q 0 0 0 rg BT 227.13 274.90 Td (based ) Tj ET Q q 0 0 0 rg BT 256.33 274.90 Td (on ) Tj ET Q q 0 0 0 rg BT 269.41 274.90 Td (the ) Tj ET Q q 0 0 0 rg BT 285.27 274.90 Td (Company) Tj ET Q q 0 0 0 rg BT 330.11 274.90 Td (s ) Tj ET Q q 0 0 0 rg BT 337.06 274.90 Td (current ) Tj ET Q q 0 0 0 rg BT 370.14 274.90 Td (beliefs ) Tj ET Q q 0 0 0 rg BT 401.00 274.90 Td (as ) Tj ET Q q 0 0 0 rg BT 413.52 274.90 Td (well ) Tj ET Q q 0 0 0 rg BT 432.70 274.90 Td (as ) Tj ET Q q 0 0 0 rg BT 445.22 274.90 Td (various ) Tj ET Q q 0 0 0 rg BT 479.41 274.90 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 537.50 274.90 Td (made ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 262.90 Td (by ) Tj ET Q q 0 0 0 rg BT 62.89 262.90 Td (them ) Tj ET Q q 0 0 0 rg BT 87.94 262.90 Td (and ) Tj ET Q q 0 0 0 rg BT 107.45 262.90 Td (information ) Tj ET Q q 0 0 0 rg BT 159.74 262.90 Td (currently ) Tj ET Q q 0 0 0 rg BT 200.91 262.90 Td (available ) Tj ET Q q 0 0 0 rg BT 243.21 262.90 Td (to ) Tj ET Q q 0 0 0 rg BT 254.37 262.90 Td (them. ) Tj ET Q q 0 0 0 rg BT 282.21 262.90 Td (Generally) Tj ET Q q 0 0 0 rg BT 324.26 262.90 Td (, ) Tj ET Q q 0 0 0 rg BT 329.86 262.90 Td (these ) Tj ET Q q 0 0 0 rg BT 357.15 262.90 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 416.11 262.90 Td (include, ) Tj ET Q q 0 0 0 rg BT 453.41 262.90 Td (among ) Tj ET Q q 0 0 0 rg BT 486.81 262.90 Td (others: ) Tj ET Q q 0 0 0 rg BT 520.20 262.90 Td (the ) Tj ET Q q 0 0 0 rg BT 536.93 262.90 Td (ability ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 250.90 Td (of ) Tj ET Q q 0 0 0 rg BT 60.43 250.90 Td (Bluestone ) Tj ET Q q 0 0 0 rg BT 107.50 250.90 Td (to ) Tj ET Q q 0 0 0 rg BT 118.43 250.90 Td (carry ) Tj ET Q q 0 0 0 rg BT 143.24 250.90 Td (on ) Tj ET Q q 0 0 0 rg BT 156.95 250.90 Td (exploration ) Tj ET Q q 0 0 0 rg BT 208.46 250.90 Td (and ) Tj ET Q q 0 0 0 rg BT 227.74 250.90 Td (development ) Tj ET Q q 0 0 0 rg BT 287.59 250.90 Td (activities; ) Tj ET Q q 0 0 0 rg BT 331.30 250.90 Td (the ) Tj ET Q q 0 0 0 rg BT 347.79 250.90 Td (price ) Tj ET Q q 0 0 0 rg BT 372.06 250.90 Td (of ) Tj ET Q q 0 0 0 rg BT 382.99 250.90 Td (gold, ) Tj ET Q q 0 0 0 rg BT 407.26 250.90 Td (silver ) Tj ET Q q 0 0 0 rg BT 433.18 250.90 Td (and ) Tj ET Q q 0 0 0 rg BT 452.46 250.90 Td (other ) Tj ET Q q 0 0 0 rg BT 477.84 250.90 Td (metals; ) Tj ET Q q 0 0 0 rg BT 512.66 250.90 Td (there ) Tj ET Q q 0 0 0 rg BT 538.05 250.90 Td (being ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 238.90 Td (no ) Tj ET Q q 0 0 0 rg BT 63.43 238.90 Td (material ) Tj ET Q q 0 0 0 rg BT 101.81 238.90 Td (variations ) Tj ET Q q 0 0 0 rg BT 147.41 238.90 Td (in ) Tj ET Q q 0 0 0 rg BT 158.00 238.90 Td (the ) Tj ET Q q 0 0 0 rg BT 174.71 238.90 Td (current ) Tj ET Q q 0 0 0 rg BT 208.64 238.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 224.79 238.90 Td (and ) Tj ET Q q 0 0 0 rg BT 244.28 238.90 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 291.56 238.90 Td (environment; ) Tj ET Q q 0 0 0 rg BT 352.18 238.90 Td (the ) Tj ET Q q 0 0 0 rg BT 368.89 238.90 Td (exchange ) Tj ET Q q 0 0 0 rg BT 415.06 238.90 Td (rates ) Tj ET Q q 0 0 0 rg BT 440.10 238.90 Td (among ) Tj ET Q q 0 0 0 rg BT 473.49 238.90 Td (the ) Tj ET Q q 0 0 0 rg BT 490.20 238.90 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 535.82 238.90 Td (dollar) Tj ET Q q 0 0 0 rg BT 559.72 238.90 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 226.90 Td (Guatemalan ) Tj ET Q q 0 0 0 rg BT 107.41 226.90 Td (quetzal ) Tj ET Q q 0 0 0 rg BT 143.09 226.90 Td (and ) Tj ET Q q 0 0 0 rg BT 163.21 226.90 Td (the ) Tj ET Q q 0 0 0 rg BT 180.55 226.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 203.43 226.90 Td (dollar ) Tj ET Q q 0 0 0 rg BT 231.33 226.90 Td (remaining ) Tj ET Q q 0 0 0 rg BT 278.67 226.90 Td (consistent ) Tj ET Q q 0 0 0 rg BT 327.13 226.90 Td (with ) Tj ET Q q 0 0 0 rg BT 348.35 226.90 Td (current ) Tj ET Q q 0 0 0 rg BT 382.91 226.90 Td (levels; ) Tj ET Q q 0 0 0 rg BT 414.69 226.90 Td (the ) Tj ET Q q 0 0 0 rg BT 432.02 226.90 Td (presence ) Tj ET Q q 0 0 0 rg BT 476.60 226.90 Td (of ) Tj ET Q q 0 0 0 rg BT 488.37 226.90 Td (and ) Tj ET Q q 0 0 0 rg BT 508.49 226.90 Td (continuity ) Tj ET Q q 0 0 0 rg BT 554.17 226.90 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 214.90 Td (metals ) Tj ET Q q 0 0 0 rg BT 80.93 214.90 Td (at ) Tj ET Q q 0 0 0 rg BT 91.25 214.90 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 118.23 214.90 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 150.78 214.90 Td (at ) Tj ET Q q 0 0 0 rg BT 161.10 214.90 Td (estimated ) Tj ET Q q 0 0 0 rg BT 206.43 214.90 Td (grades; ) Tj ET Q q 0 0 0 rg BT 241.76 214.90 Td (the ) Tj ET Q q 0 0 0 rg BT 257.64 214.90 Td (availability ) Tj ET Q q 0 0 0 rg BT 305.75 214.90 Td (of ) Tj ET Q q 0 0 0 rg BT 316.06 214.90 Td (personnel, ) Tj ET Q q 0 0 0 rg BT 364.74 214.90 Td (machinery ) Tj ET Q q 0 0 0 rg BT 412.84 214.90 Td (and ) Tj ET Q q 0 0 0 rg BT 431.50 214.90 Td (equipment ) Tj ET Q q 0 0 0 rg BT 480.18 214.90 Td (at ) Tj ET Q q 0 0 0 rg BT 490.50 214.90 Td (estimated ) Tj ET Q q 0 0 0 rg BT 535.83 214.90 Td (prices ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 202.90 Td (and ) Tj ET Q q 0 0 0 rg BT 69.83 202.90 Td (within ) Tj ET Q q 0 0 0 rg BT 99.05 202.90 Td (estimated ) Tj ET Q q 0 0 0 rg BT 146.05 202.90 Td (delivery ) Tj ET Q q 0 0 0 rg BT 184.16 202.90 Td (times; ) Tj ET Q q 0 0 0 rg BT 214.48 202.90 Td (metals ) Tj ET Q q 0 0 0 rg BT 247.58 202.90 Td (sales ) Tj ET Q q 0 0 0 rg BT 274.58 202.90 Td (prices ) Tj ET Q q 0 0 0 rg BT 304.90 202.90 Td (and ) Tj ET Q q 0 0 0 rg BT 325.24 202.90 Td (exchange ) Tj ET Q q 0 0 0 rg BT 372.25 202.90 Td (rates ) Tj ET Q q 0 0 0 rg BT 398.13 202.90 Td (assumed; ) Tj ET Q q 0 0 0 rg BT 445.14 202.90 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 499.38 202.90 Td (discount ) Tj ET Q q 0 0 0 rg BT 540.27 202.90 Td (rates ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 190.90 Td (applied ) Tj ET Q q 0 0 0 rg BT 83.88 190.90 Td (to ) Tj ET Q q 0 0 0 rg BT 94.34 190.90 Td (the ) Tj ET Q q 0 0 0 rg BT 110.37 190.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 133.62 190.90 Td (flows ) Tj ET Q q 0 0 0 rg BT 158.53 190.90 Td (in ) Tj ET Q q 0 0 0 rg BT 168.44 190.90 Td (economic ) Tj ET Q q 0 0 0 rg BT 213.36 190.90 Td (analysis; ) Tj ET Q q 0 0 0 rg BT 254.39 190.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 269.86 190.90 Td (rates ) Tj ET Q q 0 0 0 rg BT 294.22 190.90 Td (and ) Tj ET Q q 0 0 0 rg BT 313.03 190.90 Td (royalty ) Tj ET Q q 0 0 0 rg BT 344.61 190.90 Td (rates ) Tj ET Q q 0 0 0 rg BT 368.96 190.90 Td (applicable ) Tj ET Q q 0 0 0 rg BT 416.12 190.90 Td (to ) Tj ET Q q 0 0 0 rg BT 426.59 190.90 Td (the ) Tj ET Q q 0 0 0 rg BT 442.62 190.90 Td (proposed ) Tj ET Q q 0 0 0 rg BT 486.44 190.90 Td (mining ) Tj ET Q q 0 0 0 rg BT 518.03 190.90 Td (operation; ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 178.90 Td (and ) Tj ET Q q 0 0 0 rg BT 68.96 178.90 Td (the ) Tj ET Q q 0 0 0 rg BT 85.64 178.90 Td (availability ) Tj ET Q q 0 0 0 rg BT 134.55 178.90 Td (of ) Tj ET Q q 0 0 0 rg BT 145.67 178.90 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 196.82 178.90 Td (financing.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 154.90 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 123.51 154.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 174.73 154.90 Td (are ) Tj ET Q q 0 0 0 rg BT 191.50 154.90 Td (subject ) Tj ET Q q 0 0 0 rg BT 225.50 154.90 Td (to ) Tj ET Q q 0 0 0 rg BT 236.15 154.90 Td (a ) Tj ET Q q 0 0 0 rg BT 244.02 154.90 Td (number ) Tj ET Q q 0 0 0 rg BT 280.24 154.90 Td (of ) Tj ET Q q 0 0 0 rg BT 290.89 154.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 313.76 154.90 Td (and ) Tj ET Q q 0 0 0 rg BT 332.76 154.90 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 391.77 154.90 Td (that ) Tj ET Q q 0 0 0 rg BT 410.76 154.90 Td (may ) Tj ET Q q 0 0 0 rg BT 431.97 154.90 Td (cause ) Tj ET Q q 0 0 0 rg BT 460.96 154.90 Td (the ) Tj ET Q q 0 0 0 rg BT 477.18 154.90 Td (actual ) Tj ET Q q 0 0 0 rg BT 506.18 154.90 Td (results ) Tj ET Q q 0 0 0 rg BT 537.94 154.90 Td (of ) Tj ET Q q 0 0 0 rg BT 548.59 154.90 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 142.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 95.16 142.90 Td (to ) Tj ET Q q 0 0 0 rg BT 106.35 142.90 Td (dif) Tj ET Q q 0 0 0 rg BT 116.74 142.90 Td (fer ) Tj ET Q q 0 0 0 rg BT 131.26 142.90 Td (materially ) Tj ET Q q 0 0 0 rg BT 176.91 142.90 Td (from ) Tj ET Q q 0 0 0 rg BT 199.77 142.90 Td (those ) Tj ET Q q 0 0 0 rg BT 227.09 142.90 Td (discussed ) Tj ET Q q 0 0 0 rg BT 274.42 142.90 Td (in ) Tj ET Q q 0 0 0 rg BT 285.06 142.90 Td (the ) Tj ET Q q 0 0 0 rg BT 301.82 142.90 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 373.04 142.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 424.81 142.90 Td (and, ) Tj ET Q q 0 0 0 rg BT 447.13 142.90 Td (even ) Tj ET Q q 0 0 0 rg BT 471.67 142.90 Td (if ) Tj ET Q q 0 0 0 rg BT 479.53 142.90 Td (such ) Tj ET Q q 0 0 0 rg BT 503.51 142.90 Td (actual ) Tj ET Q q 0 0 0 rg BT 533.06 142.90 Td (results ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 130.90 Td (are ) Tj ET Q q 0 0 0 rg BT 66.42 130.90 Td (realized ) Tj ET Q q 0 0 0 rg BT 103.90 130.90 Td (or ) Tj ET Q q 0 0 0 rg BT 115.26 130.90 Td (substantially ) Tj ET Q q 0 0 0 rg BT 172.75 130.90 Td (realized, ) Tj ET Q q 0 0 0 rg BT 213.02 130.90 Td (there ) Tj ET Q q 0 0 0 rg BT 238.27 130.90 Td (can ) Tj ET Q q 0 0 0 rg BT 256.86 130.90 Td (be ) Tj ET Q q 0 0 0 rg BT 270.45 130.90 Td (no ) Tj ET Q q 0 0 0 rg BT 284.04 130.90 Td (assurance ) Tj ET Q q 0 0 0 rg BT 332.64 130.90 Td (that ) Tj ET Q q 0 0 0 rg BT 351.78 130.90 Td (they ) Tj ET Q q 0 0 0 rg BT 373.15 130.90 Td (will ) Tj ET Q q 0 0 0 rg BT 389.50 130.90 Td (have ) Tj ET Q q 0 0 0 rg BT 413.65 130.90 Td (the ) Tj ET Q q 0 0 0 rg BT 430.02 130.90 Td (expected ) Tj ET Q q 0 0 0 rg BT 473.07 130.90 Td (consequences ) Tj ET Q q 0 0 0 rg BT 540.03 130.90 Td (to, ) Tj ET Q q 0 0 0 rg BT 553.61 130.90 Td (or ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 118.90 Td (ef) Tj ET Q q 0 0 0 rg BT 57.66 118.90 Td (fects ) Tj ET Q q 0 0 0 rg BT 81.72 118.90 Td (on, ) Tj ET Q q 0 0 0 rg BT 98.56 118.90 Td (Bluestone. ) Tj ET Q q 0 0 0 rg BT 148.75 118.90 Td (Factors ) Tj ET Q q 0 0 0 rg BT 185.03 118.90 Td (that ) Tj ET Q q 0 0 0 rg BT 204.65 118.90 Td (could ) Tj ET Q q 0 0 0 rg BT 231.49 118.90 Td (cause ) Tj ET Q q 0 0 0 rg BT 261.11 118.90 Td (actual ) Tj ET Q q 0 0 0 rg BT 290.74 118.90 Td (results ) Tj ET Q q 0 0 0 rg BT 323.13 118.90 Td (or ) Tj ET Q q 0 0 0 rg BT 334.96 118.90 Td (events ) Tj ET Q q 0 0 0 rg BT 367.36 118.90 Td (to ) Tj ET Q q 0 0 0 rg BT 378.64 118.90 Td (dif) Tj ET Q q 0 0 0 rg BT 389.02 118.90 Td (fer ) Tj ET Q q 0 0 0 rg BT 403.63 118.90 Td (materially ) Tj ET Q q 0 0 0 rg BT 449.35 118.90 Td (from ) Tj ET Q q 0 0 0 rg BT 472.29 118.90 Td (current ) Tj ET Q q 0 0 0 rg BT 506.35 118.90 Td (expectations ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 106.90 Td (are ) Tj ET Q q 0 0 0 rg BT 66.42 106.90 Td (included ) Tj ET Q q 0 0 0 rg BT 106.14 106.90 Td (under ) Tj ET Q q 0 0 0 rg BT 134.18 106.90 Td (the ) Tj ET Q q 0 0 0 rg BT 150.55 106.90 Td (heading ) Tj ET Q q 0 0 0 rg BT 188.60 106.90 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 191.93 106.90 Td (Risks ) Tj ET Q q 0 0 0 rg BT 218.84 106.90 Td (and ) Tj ET Q q 0 0 0 rg BT 237.99 106.90 Td (Uncertainties) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 296.35 106.90 Td ( ) Tj ET Q q 0 0 0 rg BT 302.15 106.90 Td (in ) Tj ET Q q 0 0 0 rg BT 312.40 106.90 Td (this ) Tj ET Q q 0 0 0 rg BT 330.43 106.90 Td (MD&A) Tj ET Q q 0 0 0 rg BT 358.77 106.90 Td ( ) Tj ET Q q 0 0 0 rg BT 361.23 106.90 Td (in ) Tj ET Q q 0 0 0 rg BT 371.48 106.90 Td (addition ) Tj ET Q q 0 0 0 rg BT 408.98 106.90 Td (to ) Tj ET Q q 0 0 0 rg BT 419.79 106.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 442.80 106.90 Td (and ) Tj ET Q q 0 0 0 rg BT 461.95 106.90 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 521.12 106.90 Td (related ) Tj ET Q q 0 0 0 rg BT 554.16 106.90 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 94.90 Td (expected ) Tj ET Q q 0 0 0 rg BT 91.75 94.90 Td (production ) Tj ET Q q 0 0 0 rg BT 140.11 94.90 Td (rates, ) Tj ET Q q 0 0 0 rg BT 166.78 94.90 Td (timing ) Tj ET Q q 0 0 0 rg BT 195.12 94.90 Td (and ) Tj ET Q q 0 0 0 rg BT 213.47 94.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 248.49 94.90 Td (of ) Tj ET Q q 0 0 0 rg BT 258.49 94.90 Td (production ) Tj ET Q q 0 0 0 rg BT 306.85 94.90 Td (and ) Tj ET Q q 0 0 0 rg BT 325.20 94.90 Td (total ) Tj ET Q q 0 0 0 rg BT 345.76 94.90 Td (costs ) Tj ET Q q 0 0 0 rg BT 370.77 94.90 Td (of ) Tj ET Q q 0 0 0 rg BT 380.77 94.90 Td (production; ) Tj ET Q q 0 0 0 rg BT 431.91 94.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 454.13 94.90 Td (associated ) Tj ET Q q 0 0 0 rg BT 503.60 94.90 Td (with ) Tj ET Q q 0 0 0 rg BT 523.04 94.90 Td (technical ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 82.90 Td (dif) Tj ET Q q 0 0 0 rg BT 59.88 82.90 Td (ficulties ) Tj ET Q q 0 0 0 rg BT 95.20 82.90 Td (in ) Tj ET Q q 0 0 0 rg BT 104.96 82.90 Td (connection ) Tj ET Q q 0 0 0 rg BT 155.30 82.90 Td (with ) Tj ET Q q 0 0 0 rg BT 175.06 82.90 Td (mining ) Tj ET Q q 0 0 0 rg BT 206.49 82.90 Td (development ) Tj ET Q q 0 0 0 rg BT 265.72 82.90 Td (activities; ) Tj ET Q q 0 0 0 rg BT 308.82 82.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 331.34 82.90 Td (and ) Tj ET Q q 0 0 0 rg BT 350.00 82.90 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 408.67 82.90 Td (related ) Tj ET Q q 0 0 0 rg BT 441.22 82.90 Td (to ) Tj ET Q q 0 0 0 rg BT 451.54 82.90 Td (the ) Tj ET Q q 0 0 0 rg BT 467.41 82.90 Td (accuracy ) Tj ET Q q 0 0 0 rg BT 509.40 82.90 Td (of ) Tj ET Q q 0 0 0 rg BT 519.71 82.90 Td (estimates ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 70.90 Td (of ) Tj ET Q q 0 0 0 rg BT 59.54 70.90 Td (future ) Tj ET Q q 0 0 0 rg BT 86.80 70.90 Td (production, ) Tj ET Q q 0 0 0 rg BT 137.98 70.90 Td (future ) Tj ET Q q 0 0 0 rg BT 165.24 70.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 188.06 70.90 Td (flow) Tj ET Q q 0 0 0 rg BT 205.29 70.90 Td (, ) Tj ET Q q 0 0 0 rg BT 209.77 70.90 Td (total ) Tj ET Q q 0 0 0 rg BT 230.36 70.90 Td (costs ) Tj ET Q q 0 0 0 rg BT 255.40 70.90 Td (of ) Tj ET Q q 0 0 0 rg BT 265.44 70.90 Td (production ) Tj ET Q q 0 0 0 rg BT 313.83 70.90 Td (and ) Tj ET Q q 0 0 0 rg BT 332.21 70.90 Td (diminishing ) Tj ET Q q 0 0 0 rg BT 383.93 70.90 Td (quantities ) Tj ET Q q 0 0 0 rg BT 428.44 70.90 Td (or ) Tj ET Q q 0 0 0 rg BT 439.02 70.90 Td (grades ) Tj ET Q q 0 0 0 rg BT 471.29 70.90 Td (of ) Tj ET Q q 0 0 0 rg BT 481.33 70.90 Td (mineral ) Tj ET Q q 0 0 0 rg BT 515.81 70.90 Td (resources; ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 58.90 Td (and ) Tj ET Q q 0 0 0 rg BT 68.96 58.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 92.29 58.90 Td (and ) Tj ET Q q 0 0 0 rg BT 111.76 58.90 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 171.23 58.90 Td (related ) Tj ET Q q 0 0 0 rg BT 204.59 58.90 Td (to ) Tj ET Q q 0 0 0 rg BT 215.71 58.90 Td (interruptions ) Tj ET Q q 0 0 0 rg BT 273.51 58.90 Td (in ) Tj ET Q q 0 0 0 rg BT 284.08 58.90 Td (production.) Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 761.97 Td (Bluestone Resources Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 303.20 21.25 Td (2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Forward-Looking ) Tj ET Q q 0 0 0 rg BT 142.38 698.50 Td (Statements ) Tj ET Q q 0 0 0 rg BT 204.74 698.50 Td (\(cont'd\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (Any ) Tj ET Q q 0 0 0 rg BT 69.59 674.50 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 140.82 674.50 Td (statement ) Tj ET Q q 0 0 0 rg BT 187.59 674.50 Td (speaks ) Tj ET Q q 0 0 0 rg BT 222.13 674.50 Td (only ) Tj ET Q q 0 0 0 rg BT 243.34 674.50 Td (as ) Tj ET Q q 0 0 0 rg BT 256.76 674.50 Td (of ) Tj ET Q q 0 0 0 rg BT 267.96 674.50 Td (the ) Tj ET Q q 0 0 0 rg BT 284.72 674.50 Td (date ) Tj ET Q q 0 0 0 rg BT 307.04 674.50 Td (on ) Tj ET Q q 0 0 0 rg BT 321.02 674.50 Td (which ) Tj ET Q q 0 0 0 rg BT 349.45 674.50 Td (it ) Tj ET Q q 0 0 0 rg BT 357.31 674.50 Td (was ) Tj ET Q q 0 0 0 rg BT 377.95 674.50 Td (made, ) Tj ET Q q 0 0 0 rg BT 408.61 674.50 Td (and, ) Tj ET Q q 0 0 0 rg BT 430.93 674.50 Td (except ) Tj ET Q q 0 0 0 rg BT 463.25 674.50 Td (as ) Tj ET Q q 0 0 0 rg BT 476.67 674.50 Td (may ) Tj ET Q q 0 0 0 rg BT 498.42 674.50 Td (be ) Tj ET Q q 0 0 0 rg BT 512.41 674.50 Td (required ) Tj ET Q q 0 0 0 rg BT 551.96 674.50 Td (by ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 662.50 Td (applicable ) Tj ET Q q 0 0 0 rg BT 98.76 662.50 Td (securities ) Tj ET Q q 0 0 0 rg BT 145.23 662.50 Td (laws, ) Tj ET Q q 0 0 0 rg BT 172.24 662.50 Td (Bluestone ) Tj ET Q q 0 0 0 rg BT 220.94 662.50 Td (disclaims ) Tj ET Q q 0 0 0 rg BT 266.29 662.50 Td (any ) Tj ET Q q 0 0 0 rg BT 286.64 662.50 Td (intent ) Tj ET Q q 0 0 0 rg BT 315.33 662.50 Td (or ) Tj ET Q q 0 0 0 rg BT 328.45 662.50 Td (obligation ) Tj ET Q q 0 0 0 rg BT 375.49 662.50 Td (to ) Tj ET Q q 0 0 0 rg BT 388.05 662.50 Td (update ) Tj ET Q q 0 0 0 rg BT 422.87 662.50 Td (any ) Tj ET Q q 0 0 0 rg BT 443.22 662.50 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 515.81 662.50 Td (statement, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 650.50 Td (whether ) Tj ET Q q 0 0 0 rg BT 87.51 650.50 Td (as ) Tj ET Q q 0 0 0 rg BT 100.50 650.50 Td (a ) Tj ET Q q 0 0 0 rg BT 108.50 650.50 Td (result ) Tj ET Q q 0 0 0 rg BT 135.39 650.50 Td (of ) Tj ET Q q 0 0 0 rg BT 146.16 650.50 Td (new ) Tj ET Q q 0 0 0 rg BT 166.94 650.50 Td (information, ) Tj ET Q q 0 0 0 rg BT 221.62 650.50 Td (future ) Tj ET Q q 0 0 0 rg BT 249.62 650.50 Td (events ) Tj ET Q q 0 0 0 rg BT 281.52 650.50 Td (or ) Tj ET Q q 0 0 0 rg BT 292.84 650.50 Td (results ) Tj ET Q q 0 0 0 rg BT 324.73 650.50 Td (or ) Tj ET Q q 0 0 0 rg BT 336.06 650.50 Td (otherwise. ) Tj ET Q q 0 0 0 rg BT 383.91 650.50 Td (There ) Tj ET Q q 0 0 0 rg BT 412.46 650.50 Td (can ) Tj ET Q q 0 0 0 rg BT 431.02 650.50 Td (be ) Tj ET Q q 0 0 0 rg BT 444.58 650.50 Td (no ) Tj ET Q q 0 0 0 rg BT 458.13 650.50 Td (assurance ) Tj ET Q q 0 0 0 rg BT 506.71 650.50 Td (that ) Tj ET Q q 0 0 0 rg BT 525.82 650.50 Td (forward-) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 638.50 Td (looking ) Tj ET Q q 0 0 0 rg BT 84.43 638.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 136.59 638.50 Td (will ) Tj ET Q q 0 0 0 rg BT 153.72 638.50 Td (prove ) Tj ET Q q 0 0 0 rg BT 181.98 638.50 Td (to ) Tj ET Q q 0 0 0 rg BT 193.57 638.50 Td (be ) Tj ET Q q 0 0 0 rg BT 207.94 638.50 Td (accurate, ) Tj ET Q q 0 0 0 rg BT 252.31 638.50 Td (and ) Tj ET Q q 0 0 0 rg BT 272.24 638.50 Td (actual ) Tj ET Q q 0 0 0 rg BT 302.17 638.50 Td (results ) Tj ET Q q 0 0 0 rg BT 334.87 638.50 Td (and ) Tj ET Q q 0 0 0 rg BT 354.80 638.50 Td (future ) Tj ET Q q 0 0 0 rg BT 383.62 638.50 Td (events ) Tj ET Q q 0 0 0 rg BT 416.33 638.50 Td (could ) Tj ET Q q 0 0 0 rg BT 443.48 638.50 Td (dif) Tj ET Q q 0 0 0 rg BT 453.86 638.50 Td (fer ) Tj ET Q q 0 0 0 rg BT 468.77 638.50 Td (materially ) Tj ET Q q 0 0 0 rg BT 514.81 638.50 Td (from ) Tj ET Q q 0 0 0 rg BT 538.05 638.50 Td (those ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 626.50 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 100.65 626.50 Td (in ) Tj ET Q q 0 0 0 rg BT 111.21 626.50 Td (such ) Tj ET Q q 0 0 0 rg BT 135.11 626.50 Td (statements.) Tj ET Q /GS0 gs q 98.00 0 0 33.00 53.00 734.42 cm /I2 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 589.30 Td (Qualified ) Tj ET Q q 0 0 0 rg BT 99.62 589.30 Td (Person) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 565.30 Td (The ) Tj ET Q q 0 0 0 rg BT 69.92 565.30 Td (scientific ) Tj ET Q q 0 0 0 rg BT 111.46 565.30 Td (and ) Tj ET Q q 0 0 0 rg BT 131.33 565.30 Td (technical ) Tj ET Q q 0 0 0 rg BT 173.99 565.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 222.20 565.30 Td (in ) Tj ET Q q 0 0 0 rg BT 233.17 565.30 Td (this ) Tj ET Q q 0 0 0 rg BT 251.92 565.30 Td (MD&A) Tj ET Q q 0 0 0 rg BT 280.26 565.30 Td ( ) Tj ET Q q 0 0 0 rg BT 283.45 565.30 Td (has ) Tj ET Q q 0 0 0 rg BT 302.76 565.30 Td (been ) Tj ET Q q 0 0 0 rg BT 328.20 565.30 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 371.41 565.30 Td (and ) Tj ET Q q 0 0 0 rg BT 391.28 565.30 Td (approved ) Tj ET Q q 0 0 0 rg BT 436.17 565.30 Td (by ) Tj ET Q q 0 0 0 rg BT 449.92 565.30 Td (David ) Tj ET Q q 0 0 0 rg BT 478.67 565.30 Td (Cass, ) Tj ET Q q 0 0 0 rg BT 507.43 565.30 Td (P) Tj ET Q q 0 0 0 rg BT 512.81 565.30 Td (.Geo., ) Tj ET Q q 0 0 0 rg BT 543.23 565.30 Td (V) Tj ET Q q 0 0 0 rg BT 549.72 565.30 Td (ice ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 553.30 Td (President ) Tj ET Q q 0 0 0 rg BT 94.82 553.30 Td (Exploration, ) Tj ET Q q 0 0 0 rg BT 150.70 553.30 Td (who ) Tj ET Q q 0 0 0 rg BT 172.11 553.30 Td (is ) Tj ET Q q 0 0 0 rg BT 182.41 553.30 Td (a ) Tj ET Q q 0 0 0 rg BT 191.04 553.30 Td (Qualified ) Tj ET Q q 0 0 0 rg BT 233.58 553.30 Td (Person ) Tj ET Q q 0 0 0 rg BT 268.33 553.30 Td (as ) Tj ET Q q 0 0 0 rg BT 281.97 553.30 Td (defined ) Tj ET Q q 0 0 0 rg BT 317.84 553.30 Td (by ) Tj ET Q q 0 0 0 rg BT 331.48 553.30 Td (National ) Tj ET Q q 0 0 0 rg BT 371.24 553.30 Td (Instrument ) Tj ET Q q 0 0 0 rg BT 421.55 553.30 Td (43-101 ) Tj ET Q q 0 0 0 rg BT 455.76 553.30 Td (Standards ) Tj ET Q q 0 0 0 rg BT 504.42 553.30 Td (of ) Tj ET Q q 0 0 0 rg BT 515.83 553.30 Td (Disclosure ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 541.30 Td (for ) Tj ET Q q 0 0 0 rg BT 63.95 541.30 Td (Mineral ) Tj ET Q q 0 0 0 rg BT 99.51 541.30 Td (Projects.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 502.90 Td (Overview) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 478.90 Td (Bluestone ) Tj ET Q q 0 0 0 rg BT 96.30 478.90 Td (is ) Tj ET Q q 0 0 0 rg BT 105.84 478.90 Td (a ) Tj ET Q q 0 0 0 rg BT 113.72 478.90 Td (development ) Tj ET Q q 0 0 0 rg BT 173.31 478.90 Td (stage ) Tj ET Q q 0 0 0 rg BT 200.09 478.90 Td (natural ) Tj ET Q q 0 0 0 rg BT 232.99 478.90 Td (resource ) Tj ET Q q 0 0 0 rg BT 274.22 478.90 Td (company ) Tj ET Q q 0 0 0 rg BT 317.11 478.90 Td (focused ) Tj ET Q q 0 0 0 rg BT 354.46 478.90 Td (on ) Tj ET Q q 0 0 0 rg BT 367.90 478.90 Td (the ) Tj ET Q q 0 0 0 rg BT 384.13 478.90 Td (exploration ) Tj ET Q q 0 0 0 rg BT 435.37 478.90 Td (and ) Tj ET Q q 0 0 0 rg BT 454.37 478.90 Td (development ) Tj ET Q q 0 0 0 rg BT 513.96 478.90 Td (of ) Tj ET Q q 0 0 0 rg BT 524.62 478.90 Td (its ) Tj ET Q q 0 0 0 rg BT 536.94 478.90 Td (100% ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 466.90 Td (owned ) Tj ET Q q 0 0 0 rg BT 81.31 466.90 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 108.66 466.90 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 141.57 466.90 Td (Gold ) Tj ET Q q 0 0 0 rg BT 165.04 466.90 Td (project ) Tj ET Q q 0 0 0 rg BT 197.39 466.90 Td (and ) Tj ET Q q 0 0 0 rg BT 216.42 466.90 Td (Mita ) Tj ET Q q 0 0 0 rg BT 237.65 466.90 Td (Geothermal ) Tj ET Q q 0 0 0 rg BT 292.24 466.90 Td (project ) Tj ET Q q 0 0 0 rg BT 324.60 466.90 Td (\("Mita ) Tj ET Q q 0 0 0 rg BT 352.71 466.90 Td (Geothermal"\), ) Tj ET Q q 0 0 0 rg BT 416.95 466.90 Td (both ) Tj ET Q q 0 0 0 rg BT 438.76 466.90 Td (located ) Tj ET Q q 0 0 0 rg BT 473.35 466.90 Td (in ) Tj ET Q q 0 0 0 rg BT 483.47 466.90 Td (Guatemala. ) Tj ET Q q 0 0 0 rg BT 537.51 466.90 Td (Cerro ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 454.90 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 81.82 454.90 Td (is ) Tj ET Q q 0 0 0 rg BT 90.78 454.90 Td (a ) Tj ET Q q 0 0 0 rg BT 98.08 454.90 Td (proposed ) Tj ET Q q 0 0 0 rg BT 141.52 454.90 Td (underground ) Tj ET Q q 0 0 0 rg BT 199.97 454.90 Td (gold ) Tj ET Q q 0 0 0 rg BT 220.61 454.90 Td (mining ) Tj ET Q q 0 0 0 rg BT 251.81 454.90 Td (operation ) Tj ET Q q 0 0 0 rg BT 295.25 454.90 Td (located ) Tj ET Q q 0 0 0 rg BT 329.24 454.90 Td (in ) Tj ET Q q 0 0 0 rg BT 338.76 454.90 Td (southeast ) Tj ET Q q 0 0 0 rg BT 383.86 454.90 Td (Guatemala ) Tj ET Q q 0 0 0 rg BT 434.52 454.90 Td (approximately ) Tj ET Q q 0 0 0 rg BT 498.51 454.90 Td (160 ) Tj ET Q q 0 0 0 rg BT 516.93 454.90 Td (kilometers ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 442.90 Td (by ) Tj ET Q q 0 0 0 rg BT 62.52 442.90 Td (road ) Tj ET Q q 0 0 0 rg BT 85.00 442.90 Td (from ) Tj ET Q q 0 0 0 rg BT 107.46 442.90 Td (the ) Tj ET Q q 0 0 0 rg BT 123.82 442.90 Td (capital, ) Tj ET Q q 0 0 0 rg BT 157.97 442.90 Td (Guatemala ) Tj ET Q q 0 0 0 rg BT 209.34 442.90 Td (City) Tj ET Q q 0 0 0 rg BT 225.82 442.90 Td (. ) Tj ET Q q 0 0 0 rg BT 231.06 442.90 Td (Mita ) Tj ET Q q 0 0 0 rg BT 252.42 442.90 Td (Geothermal ) Tj ET Q q 0 0 0 rg BT 307.12 442.90 Td (is ) Tj ET Q q 0 0 0 rg BT 316.80 442.90 Td (a ) Tj ET Q q 0 0 0 rg BT 324.83 442.90 Td (geothermal ) Tj ET Q q 0 0 0 rg BT 377.32 442.90 Td (energy ) Tj ET Q q 0 0 0 rg BT 410.35 442.90 Td (resource ) Tj ET Q q 0 0 0 rg BT 451.72 442.90 Td (located ) Tj ET Q q 0 0 0 rg BT 486.43 442.90 Td (adjacent ) Tj ET Q q 0 0 0 rg BT 526.70 442.90 Td (to ) Tj ET Q q 0 0 0 rg BT 537.50 442.90 Td (Cerro ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 430.90 Td (Blanco. ) Tj ET Q q 0 0 0 rg BT 85.24 430.90 Td (The ) Tj ET Q q 0 0 0 rg BT 105.01 430.90 Td (Company) Tj ET Q q 0 0 0 rg BT 149.85 430.90 Td (s ) Tj ET Q q 0 0 0 rg BT 157.40 430.90 Td (head ) Tj ET Q q 0 0 0 rg BT 182.19 430.90 Td (and ) Tj ET Q q 0 0 0 rg BT 201.42 430.90 Td (registered ) Tj ET Q q 0 0 0 rg BT 248.44 430.90 Td (of) Tj ET Q q 0 0 0 rg BT 256.60 430.90 Td (fice ) Tj ET Q q 0 0 0 rg BT 274.70 430.90 Td (is ) Tj ET Q q 0 0 0 rg BT 284.47 430.90 Td (located ) Tj ET Q q 0 0 0 rg BT 319.26 430.90 Td (at ) Tj ET Q q 0 0 0 rg BT 330.15 430.90 Td (1020 ) Tj ET Q q 0 0 0 rg BT 354.94 430.90 Td (- ) Tj ET Q q 0 0 0 rg BT 360.82 430.90 Td (800 ) Tj ET Q q 0 0 0 rg BT 380.05 430.90 Td (W) Tj ET Q q 0 0 0 rg BT 389.31 430.90 Td (est ) Tj ET Q q 0 0 0 rg BT 405.19 430.90 Td (Pender ) Tj ET Q q 0 0 0 rg BT 439.99 430.90 Td (Street, ) Tj ET Q q 0 0 0 rg BT 471.99 430.90 Td (V) Tj ET Q q 0 0 0 rg BT 477.92 430.90 Td (ancouver) Tj ET Q q 0 0 0 rg BT 518.50 430.90 Td (, ) Tj ET Q q 0 0 0 rg BT 523.83 430.90 Td (BC, ) Tj ET Q q 0 0 0 rg BT 543.05 430.90 Td (V6C ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 418.90 Td (2V6. ) Tj ET Q q 0 0 0 rg BT 72.61 418.90 Td (The ) Tj ET Q q 0 0 0 rg BT 92.55 418.90 Td (Company) Tj ET Q q 0 0 0 rg BT 137.39 418.90 Td (s ) Tj ET Q q 0 0 0 rg BT 145.10 418.90 Td (common ) Tj ET Q q 0 0 0 rg BT 186.15 418.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 218.88 418.90 Td (are ) Tj ET Q q 0 0 0 rg BT 236.04 418.90 Td (listed ) Tj ET Q q 0 0 0 rg BT 262.10 418.90 Td (on ) Tj ET Q q 0 0 0 rg BT 275.93 418.90 Td (the ) Tj ET Q q 0 0 0 rg BT 292.36 418.90 Td (TSX ) Tj ET Q q 0 0 0 rg BT 314.52 418.90 Td (V) Tj ET Q q 0 0 0 rg BT 320.64 418.90 Td (enture ) Tj ET Q q 0 0 0 rg BT 351.71 418.90 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 398.89 418.90 Td (\(TSXV\) ) Tj ET Q q 0 0 0 rg BT 441.04 418.90 Td (and ) Tj ET Q q 0 0 0 rg BT 460.44 418.90 Td (trade ) Tj ET Q q 0 0 0 rg BT 485.94 418.90 Td (under ) Tj ET Q q 0 0 0 rg BT 514.23 418.90 Td (the ) Tj ET Q q 0 0 0 rg BT 530.84 418.90 Td (symbol ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 406.90 Td ('BSR'. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 382.90 Td (The ) Tj ET Q q 0 0 0 rg BT 70.56 382.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 117.18 382.90 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 177.16 382.90 Td (its ) Tj ET Q q 0 0 0 rg BT 190.98 382.90 Td (share ) Tj ET Q q 0 0 0 rg BT 219.82 382.90 Td (capital ) Tj ET Q q 0 0 0 rg BT 252.56 382.90 Td (on ) Tj ET Q q 0 0 0 rg BT 267.51 382.90 Td (the ) Tj ET Q q 0 0 0 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Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 650.50 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 650.50 Td (Mita ) Tj ET Q q 0 0 0 rg BT 107.17 650.50 Td (Geothermal ) Tj ET Q q 0 0 0 rg BT 162.19 650.50 Td (flow-testing ) Tj ET Q q 0 0 0 rg BT 215.55 650.50 Td (program ) Tj ET Q q 0 0 0 rg BT 255.56 650.50 Td (initiated ) Tj ET Q q 0 0 0 rg BT 292.81 650.50 Td (on ) Tj ET Q q 0 0 0 rg BT 306.71 650.50 Td (January ) Tj ET Q q 0 0 0 rg BT 345.07 650.50 Td (17, ) Tj ET Q q 0 0 0 rg BT 361.75 650.50 Td (2018.) 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Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 303.20 21.25 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Project ) Tj ET Q q 0 0 0 rg BT 89.85 698.50 Td (Development ) Tj ET Q q 0 0 0 rg BT 161.98 698.50 Td (Updates ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 78.95 674.50 Td (Blanco) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 650.50 Td (The ) Tj ET Q q 0 0 0 rg BT 69.28 650.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 114.63 650.50 Td (has ) Tj ET Q q 0 0 0 rg BT 133.31 650.50 Td (one ) Tj ET Q q 0 0 0 rg BT 152.54 650.50 Td (principal ) Tj ET Q q 0 0 0 rg BT 192.34 650.50 Td (mining ) Tj ET Q q 0 0 0 rg BT 224.35 650.50 Td (property ) Tj ET Q q 0 0 0 rg BT 263.58 650.50 Td (interest, ) Tj ET Q q 0 0 0 rg BT 301.71 650.50 Td (namely ) Tj ET Q q 0 0 0 rg BT 336.49 650.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 364.05 650.50 Td (Blanco, ) Tj ET Q q 0 0 0 rg BT 399.96 650.50 Td (a ) Tj ET Q q 0 0 0 rg BT 408.07 650.50 Td (proposed ) Tj ET Q q 0 0 0 rg BT 452.32 650.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 511.59 650.50 Td (gold ) Tj ET Q q 0 0 0 rg BT 533.04 650.50 Td (mining ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 638.50 Td (operation ) Tj ET Q q 0 0 0 rg BT 94.56 638.50 Td (located ) Tj ET Q q 0 0 0 rg BT 130.17 638.50 Td (in ) Tj ET Q q 0 0 0 rg BT 141.32 638.50 Td (southern ) Tj ET Q q 0 0 0 rg BT 183.60 638.50 Td (Guatemala. ) Tj ET Q q 0 0 0 rg BT 238.66 638.50 Td (Entre ) Tj ET Q q 0 0 0 rg BT 265.93 638.50 Td (Mares ) Tj ET Q q 0 0 0 rg BT 297.07 638.50 Td (de ) Tj ET Q q 0 0 0 rg BT 311.56 638.50 Td (Guatemala ) Tj ET Q q 0 0 0 rg BT 363.84 638.50 Td (S.A. ) Tj ET Q q 0 0 0 rg BT 386.10 638.50 Td (\("Entre ) Tj ET Q q 0 0 0 rg BT 420.25 638.50 Td (Mares"\), ) Tj ET Q q 0 0 0 rg BT 461.05 638.50 Td (the ) Tj ET Q q 0 0 0 rg BT 478.32 638.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 531.39 638.50 Td (wholly-) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 626.50 Td (owned ) Tj ET Q q 0 0 0 rg BT 81.75 626.50 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 126.02 626.50 Td (, ) Tj ET Q q 0 0 0 rg BT 131.58 626.50 Td (is ) Tj ET Q q 0 0 0 rg BT 141.58 626.50 Td (the ) Tj ET Q q 0 0 0 rg BT 158.26 626.50 Td (100% ) Tj ET Q q 0 0 0 rg BT 186.61 626.50 Td (owner ) Tj ET Q q 0 0 0 rg BT 216.63 626.50 Td (of ) Tj ET Q q 0 0 0 rg BT 227.75 626.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 255.53 626.50 Td (Blanco.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 602.50 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 602.50 Td ( ) Tj ET Q q 0 0 0 rg BT 57.46 602.50 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 127.12 602.50 Td (geological ) Tj ET Q q 0 0 0 rg BT 174.00 602.50 Td (structural ) Tj ET Q q 0 0 0 rg BT 216.97 602.50 Td (study ) Tj ET Q q 0 0 0 rg BT 242.72 602.50 Td (that ) Tj ET Q q 0 0 0 rg BT 261.25 602.50 Td (was ) Tj ET Q q 0 0 0 rg BT 280.88 602.50 Td (initiated ) Tj ET Q q 0 0 0 rg BT 317.19 602.50 Td (last ) Tj ET Q q 0 0 0 rg BT 334.60 602.50 Td (year ) Tj ET Q q 0 0 0 rg BT 355.90 602.50 Td (was ) Tj ET Q q 0 0 0 rg BT 375.53 602.50 Td (completed ) Tj ET Q q 0 0 0 rg BT 423.51 602.50 Td (during ) Tj ET Q q 0 0 0 rg BT 453.15 602.50 Td (the ) Tj ET Q q 0 0 0 rg BT 468.90 602.50 Td (quarter) Tj ET Q q 0 0 0 rg BT 500.03 602.50 Td (. ) Tj ET Q q 0 0 0 rg BT 504.54 602.50 Td (This ) Tj ET Q q 0 0 0 rg BT 525.28 602.50 Td (program ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 590.50 Td (entailed 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0 rg BT 118.44 578.50 Td (a ) Tj ET Q q 0 0 0 rg BT 127.16 578.50 Td (better ) Tj ET Q q 0 0 0 rg BT 155.88 578.50 Td (understanding ) Tj ET Q q 0 0 0 rg BT 222.42 578.50 Td (of ) Tj ET Q q 0 0 0 rg BT 233.91 578.50 Td (the ) Tj ET Q q 0 0 0 rg BT 250.96 578.50 Td (deposit ) Tj ET Q q 0 0 0 rg BT 286.36 578.50 Td (and ) Tj ET Q q 0 0 0 rg BT 306.20 578.50 Td (will ) Tj ET Q q 0 0 0 rg BT 323.24 578.50 Td (aid ) Tj ET Q q 0 0 0 rg BT 339.74 578.50 Td (in ) Tj ET Q q 0 0 0 rg BT 350.67 578.50 Td (the ) Tj ET Q q 0 0 0 rg BT 367.73 578.50 Td (prediction ) Tj ET Q q 0 0 0 rg BT 414.24 578.50 Td (and ) Tj ET Q q 0 0 0 rg BT 434.08 578.50 Td (estimation ) Tj ET Q q 0 0 0 rg BT 482.81 578.50 Td (of ) Tj ET Q q 0 0 0 rg BT 494.30 578.50 Td (additional ) Tj ET Q q 0 0 0 rg BT 540.26 578.50 Td (high-) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 566.50 Td (grade ) Tj ET Q q 0 0 0 rg BT 78.41 566.50 Td (veins ) Tj ET Q q 0 0 0 rg BT 105.08 566.50 Td (together ) Tj ET Q q 0 0 0 rg BT 145.10 566.50 Td (with ) Tj ET Q q 0 0 0 rg BT 166.21 566.50 Td (helping ) Tj ET Q q 0 0 0 rg BT 201.79 566.50 Td (guide ) Tj ET Q q 0 0 0 rg BT 229.59 566.50 Td (mine ) Tj ET Q q 0 0 0 rg BT 254.60 566.50 Td (design ) Tj ET Q q 0 0 0 rg BT 287.39 566.50 Td (and ) Tj ET Q q 0 0 0 rg BT 307.41 566.50 Td (mine ) Tj ET Q q 0 0 0 rg BT 332.41 566.50 Td (planning ) Tj ET Q q 0 0 0 rg BT 373.55 566.50 Td (activities. ) Tj ET Q q 0 0 0 rg BT 418.00 566.50 Td (Preliminary ) Tj ET Q q 0 0 0 rg BT 471.34 566.50 Td (geology ) Tj ET Q q 0 0 0 rg BT 509.70 566.50 Td (domain ) Tj ET Q q 0 0 0 rg BT 545.83 566.50 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 554.50 Td (vein ) Tj ET Q q 0 0 0 rg BT 70.48 554.50 Td (models ) Tj ET Q q 0 0 0 rg BT 105.34 554.50 Td (were ) Tj ET Q q 0 0 0 rg BT 129.65 554.50 Td (completed ) Tj ET Q q 0 0 0 rg BT 178.42 554.50 Td (and ) Tj ET Q q 0 0 0 rg BT 197.74 554.50 Td (validated ) Tj ET Q q 0 0 0 rg BT 240.40 554.50 Td (based ) Tj ET Q q 0 0 0 rg BT 270.28 554.50 Td (on ) Tj ET Q q 0 0 0 rg BT 284.03 554.50 Td (the ) Tj ET Q q 0 0 0 rg BT 300.56 554.50 Td (work ) Tj ET Q q 0 0 0 rg BT 324.31 554.50 Td (completed ) Tj ET Q q 0 0 0 rg BT 373.08 554.50 Td (as ) Tj ET Q q 0 0 0 rg BT 386.27 554.50 Td (part ) Tj ET Q q 0 0 0 rg BT 406.14 554.50 Td (of ) Tj ET Q q 0 0 0 rg BT 417.11 554.50 Td (the ) Tj ET Q q 0 0 0 rg BT 433.64 554.50 Td (structural ) Tj ET Q q 0 0 0 rg BT 477.40 554.50 Td (study) Tj ET Q q 0 0 0 rg BT 500.55 554.50 Td (. ) Tj ET Q q 0 0 0 rg BT 505.96 554.50 Td (Final ) Tj ET Q q 0 0 0 rg BT 530.27 554.50 Td (models ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 542.50 Td (will ) Tj ET Q q 0 0 0 rg BT 66.68 542.50 Td (be ) Tj ET Q q 0 0 0 rg BT 81.11 542.50 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 122.21 542.50 Td (with ) Tj ET Q q 0 0 0 rg BT 143.29 542.50 Td (surface ) Tj ET Q q 0 0 0 rg BT 179.38 542.50 Td (and ) Tj ET Q q 0 0 0 rg BT 199.37 542.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 259.38 542.50 Td (drilling ) Tj ET Q q 0 0 0 rg BT 291.58 542.50 Td (and ) Tj ET Q q 0 0 0 rg BT 311.56 542.50 Td (sample ) Tj ET Q q 0 0 0 rg BT 347.09 542.50 Td (results ) Tj ET Q q 0 0 0 rg BT 379.84 542.50 Td (as ) Tj ET Q q 0 0 0 rg BT 393.70 542.50 Td (part ) Tj ET Q q 0 0 0 rg BT 414.23 542.50 Td (of ) Tj ET Q q 0 0 0 rg BT 425.87 542.50 Td (the ) Tj ET Q q 0 0 0 rg BT 443.07 542.50 Td (updated ) Tj ET Q q 0 0 0 rg BT 482.51 542.50 Td (resource ) Tj ET Q q 0 0 0 rg BT 524.72 542.50 Td (estimate ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 530.50 Td (expected ) Tj ET Q q 0 0 0 rg BT 92.86 530.50 Td (mid-2018.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 506.50 Td (Further ) Tj ET Q q 0 0 0 rg BT 85.76 506.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 146.51 506.50 Td (chip ) Tj ET Q q 0 0 0 rg BT 168.89 506.50 Td (sampling ) Tj ET Q q 0 0 0 rg BT 212.94 506.50 Td (results ) Tj ET Q q 0 0 0 rg BT 246.42 506.50 Td (were ) Tj ET Q q 0 0 0 rg BT 272.13 506.50 Td (released ) Tj ET Q q 0 0 0 rg BT 314.52 506.50 Td (that ) Tj ET Q q 0 0 0 rg BT 335.23 506.50 Td (added ) Tj ET Q q 0 0 0 rg BT 367.07 506.50 Td (to ) Tj ET Q q 0 0 0 rg BT 379.44 506.50 Td (the ) Tj ET Q q 0 0 0 rg BT 397.37 506.50 Td (understanding ) Tj ET Q q 0 0 0 rg BT 464.79 506.50 Td (of ) Tj ET Q q 0 0 0 rg BT 477.16 506.50 Td (the ) Tj ET Q q 0 0 0 rg BT 495.09 506.50 Td (deposit. ) Tj ET Q q 0 0 0 rg BT 534.15 506.50 Td (Ninety ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 494.50 Td (additional ) Tj ET Q q 0 0 0 rg BT 95.89 494.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 156.18 494.50 Td (chip ) Tj ET Q q 0 0 0 rg BT 178.10 494.50 Td (sample ) Tj ET Q q 0 0 0 rg BT 213.91 494.50 Td (results ) Tj ET Q q 0 0 0 rg BT 246.94 494.50 Td (were ) Tj ET Q q 0 0 0 rg BT 272.19 494.50 Td (released. ) Tj ET Q q 0 0 0 rg BT 316.91 494.50 Td (Highlights ) Tj ET Q q 0 0 0 rg BT 364.39 494.50 Td (included ) Tj ET Q q 0 0 0 rg BT 405.22 494.50 Td (270.5 ) Tj ET Q q 0 0 0 rg BT 433.82 494.50 Td (g/t ) Tj ET Q q 0 0 0 rg BT 447.81 494.50 Td (Au ) Tj ET Q q 0 0 0 rg BT 463.61 494.50 Td (and ) Tj ET Q q 0 0 0 rg BT 483.87 494.50 Td (637 ) Tj ET Q q 0 0 0 rg BT 504.13 494.50 Td (g/t ) Tj ET Q q 0 0 0 rg BT 518.12 494.50 Td (Ag ) Tj ET Q q 0 0 0 rg BT 533.93 494.50 Td (over ) Tj ET Q q 0 0 0 rg BT 556.96 494.50 Td (a ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 482.50 Td (sampling ) Tj ET Q q 0 0 0 rg BT 92.06 482.50 Td (width ) Tj ET Q q 0 0 0 rg BT 117.94 482.50 Td (of ) Tj ET Q q 0 0 0 rg BT 128.81 482.50 Td (2.5 ) Tj ET Q q 0 0 0 rg BT 145.25 482.50 Td (meters. ) Tj ET Q q 0 0 0 rg BT 181.12 482.50 Td (Fifty-one ) Tj ET Q q 0 0 0 rg BT 222.56 482.50 Td (percent ) Tj ET Q q 0 0 0 rg BT 258.45 482.50 Td (of ) Tj ET Q q 0 0 0 rg BT 269.33 482.50 Td (the ) Tj ET Q q 0 0 0 rg BT 285.76 482.50 Td (samples ) Tj ET Q q 0 0 0 rg BT 325.54 482.50 Td (assayed ) Tj ET Q q 0 0 0 rg BT 365.32 482.50 Td (equal ) Tj ET Q q 0 0 0 rg BT 392.32 482.50 Td (to ) Tj ET Q q 0 0 0 rg BT 403.20 482.50 Td (or ) Tj ET Q q 0 0 0 rg BT 414.62 482.50 Td (greater ) Tj ET Q q 0 0 0 rg BT 448.84 482.50 Td (than ) Tj ET Q q 0 0 0 rg BT 470.84 482.50 Td (3 ) Tj ET Q q 0 0 0 rg BT 478.94 482.50 Td (g/t ) Tj ET Q q 0 0 0 rg BT 492.09 482.50 Td (Au, ) Tj ET Q q 0 0 0 rg BT 509.63 482.50 Td (of ) Tj ET Q q 0 0 0 rg BT 520.51 482.50 Td (which ) Tj ET Q q 0 0 0 rg BT 548.61 482.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 470.50 Td (average ) Tj ET Q q 0 0 0 rg BT 88.42 470.50 Td (grade ) Tj ET Q q 0 0 0 rg BT 116.77 470.50 Td (was ) Tj ET Q q 0 0 0 rg BT 137.33 470.50 Td (35.5 ) Tj ET Q q 0 0 0 rg BT 159.57 470.50 Td (g/t ) Tj ET Q q 0 0 0 rg BT 172.92 470.50 Td (Au ) Tj ET Q q 0 0 0 rg BT 187.93 470.50 Td (and ) Tj ET Q q 0 0 0 rg BT 207.39 470.50 Td (90 ) Tj ET Q q 0 0 0 rg BT 221.29 470.50 Td (g/t ) Tj ET Q q 0 0 0 rg BT 234.64 470.50 Td (Ag ) Tj ET Q q 0 0 0 rg BT 249.65 470.50 Td (over ) Tj ET Q q 0 0 0 rg BT 271.88 470.50 Td (widths ) Tj ET Q q 0 0 0 rg BT 303.00 470.50 Td (ranging ) Tj ET Q q 0 0 0 rg BT 339.14 470.50 Td (from ) Tj ET Q q 0 0 0 rg BT 361.92 470.50 Td (1 ) Tj ET Q q 0 0 0 rg BT 370.26 470.50 Td (to ) Tj ET Q q 0 0 0 rg BT 381.38 470.50 Td (3 ) Tj ET Q q 0 0 0 rg BT 389.71 470.50 Td (meters.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 446.50 Td (Drilling ) Tj ET Q q 0 0 0 rg BT 83.57 446.50 Td (continues ) Tj ET Q q 0 0 0 rg BT 129.88 446.50 Td (to ) Tj ET Q q 0 0 0 rg BT 141.73 446.50 Td (focus ) Tj ET Q q 0 0 0 rg BT 169.14 446.50 Td (on ) Tj ET Q q 0 0 0 rg BT 183.77 446.50 Td (areas ) Tj ET Q q 0 0 0 rg BT 212.29 446.50 Td (that ) Tj ET Q q 0 0 0 rg BT 232.48 446.50 Td (are ) Tj ET Q q 0 0 0 rg BT 250.44 446.50 Td (under-drilled ) Tj ET Q q 0 0 0 rg BT 309.53 446.50 Td (and ) Tj ET Q q 0 0 0 rg BT 329.72 446.50 Td (are ) Tj ET Q q 0 0 0 rg BT 347.68 446.50 Td (either ) Tj ET Q q 0 0 0 rg BT 376.20 446.50 Td (adjacent ) Tj ET Q q 0 0 0 rg BT 417.52 446.50 Td (to, ) Tj ET Q q 0 0 0 rg BT 432.14 446.50 Td (or ) Tj ET Q q 0 0 0 rg BT 444.54 446.50 Td (exist ) Tj ET Q q 0 0 0 rg BT 468.61 446.50 Td (as ) Tj ET Q q 0 0 0 rg BT 482.68 446.50 Td (targets, ) Tj ET Q q 0 0 0 rg BT 519.53 446.50 Td (within ) Tj ET Q q 0 0 0 rg BT 548.61 446.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 434.50 Td (resource ) Tj ET Q q 0 0 0 rg BT 91.38 434.50 Td (envelope. ) Tj ET Q q 0 0 0 rg BT 137.52 434.50 Td (The ) Tj ET Q q 0 0 0 rg BT 157.73 434.50 Td (program ) Tj ET Q q 0 0 0 rg BT 197.93 434.50 Td (is ) Tj ET Q q 0 0 0 rg BT 208.13 434.50 Td (also ) Tj ET Q q 0 0 0 rg BT 229.44 434.50 Td (designed ) Tj ET Q q 0 0 0 rg BT 273.01 434.50 Td (to ) Tj ET Q q 0 0 0 rg BT 284.32 434.50 Td (assist ) Tj ET Q q 0 0 0 rg BT 312.85 434.50 Td (in ) Tj ET Q q 0 0 0 rg BT 323.60 434.50 Td (refining ) Tj ET Q q 0 0 0 rg BT 359.37 434.50 Td (the ) Tj ET Q q 0 0 0 rg BT 376.25 434.50 Td (resource ) Tj ET Q q 0 0 0 rg BT 418.12 434.50 Td (model ) Tj ET Q q 0 0 0 rg BT 448.33 434.50 Td (that ) Tj ET Q q 0 0 0 rg BT 467.98 434.50 Td (is ) Tj ET Q q 0 0 0 rg BT 478.17 434.50 Td (being ) Tj ET Q q 0 0 0 rg BT 505.61 434.50 Td (developed ) Tj ET Q q 0 0 0 rg BT 554.74 434.50 Td (in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 422.50 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 102.87 422.50 Td (with ) Tj ET Q q 0 0 0 rg BT 123.43 422.50 Td (the ) Tj ET Q q 0 0 0 rg BT 140.11 422.50 Td (Feasibility ) Tj ET Q q 0 0 0 rg BT 187.35 422.50 Td (Study) Tj ET Q q 0 0 0 rg BT 212.18 422.50 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 398.50 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 398.50 Td ( ) Tj ET Q q 0 0 0 rg BT 58.26 398.50 Td (total ) Tj ET Q q 0 0 0 rg BT 79.80 398.50 Td (of ) Tj ET Q q 0 0 0 rg BT 90.78 398.50 Td (6,950 ) Tj ET Q q 0 0 0 rg BT 118.44 398.50 Td (meters ) Tj ET Q q 0 0 0 rg BT 151.64 398.50 Td (were ) Tj ET Q q 0 0 0 rg BT 175.95 398.50 Td (drilled ) Tj ET Q q 0 0 0 rg BT 205.27 398.50 Td (from ) Tj ET Q q 0 0 0 rg BT 227.91 398.50 Td (surface ) Tj ET Q q 0 0 0 rg BT 263.34 398.50 Td (with ) Tj ET Q q 0 0 0 rg BT 283.76 398.50 Td (two ) Tj ET Q q 0 0 0 rg BT 301.96 398.50 Td (rigs ) Tj ET Q q 0 0 0 rg BT 320.71 398.50 Td (and ) Tj ET Q q 0 0 0 rg BT 340.04 398.50 Td (2,200 ) Tj ET Q q 0 0 0 rg BT 367.70 398.50 Td (meters ) Tj ET Q q 0 0 0 rg BT 400.90 398.50 Td (were ) Tj ET Q q 0 0 0 rg BT 425.21 398.50 Td (drilled ) Tj ET Q q 0 0 0 rg BT 454.53 398.50 Td (from ) Tj ET Q q 0 0 0 rg BT 477.17 398.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 536.52 398.50 Td (with ) Tj ET Q q 0 0 0 rg BT 556.95 398.50 Td (3 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 386.50 Td (rigs. ) Tj ET Q q 0 0 0 rg BT 70.94 386.50 Td (The ) Tj ET Q q 0 0 0 rg BT 90.90 386.50 Td (surface ) Tj ET Q q 0 0 0 rg BT 126.42 386.50 Td (drill ) Tj ET Q q 0 0 0 rg BT 144.70 386.50 Td (program ) Tj ET Q q 0 0 0 rg BT 184.66 386.50 Td (has ) Tj ET Q q 0 0 0 rg BT 203.51 386.50 Td (concluded, ) Tj ET Q q 0 0 0 rg BT 254.61 386.50 Td (and ) Tj ET Q q 0 0 0 rg BT 274.02 386.50 Td (it ) Tj ET Q q 0 0 0 rg BT 281.75 386.50 Td (is ) Tj ET Q q 0 0 0 rg BT 291.70 386.50 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 342.79 386.50 Td (that ) Tj ET Q q 0 0 0 rg BT 362.20 386.50 Td (an ) Tj ET Q q 0 0 0 rg BT 376.05 386.50 Td (additional ) Tj ET Q q 0 0 0 rg BT 421.59 386.50 Td (2,200 ) Tj ET Q q 0 0 0 rg BT 449.34 386.50 Td (meters ) Tj ET Q q 0 0 0 rg BT 482.63 386.50 Td (will ) Tj ET Q q 0 0 0 rg BT 499.24 386.50 Td (be ) Tj ET Q q 0 0 0 rg BT 513.09 386.50 Td (drilled ) Tj ET Q q 0 0 0 rg BT 542.49 386.50 Td (from ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 374.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 108.83 374.50 Td (\(total ) Tj ET Q q 0 0 0 rg BT 133.68 374.50 Td (of ) Tj ET Q q 0 0 0 rg BT 144.64 374.50 Td (4,400 ) Tj ET Q q 0 0 0 rg BT 172.28 374.50 Td (meters\). ) Tj ET Q q 0 0 0 rg BT 211.56 374.50 Td (Results ) Tj ET Q q 0 0 0 rg BT 247.52 374.50 Td (were ) Tj ET Q q 0 0 0 rg BT 271.82 374.50 Td (reported ) Tj ET Q q 0 0 0 rg BT 311.68 374.50 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 366.00 374.50 Td (to ) Tj ET Q q 0 0 0 rg BT 376.96 374.50 Td (quarter ) Tj ET Q q 0 0 0 rg BT 411.26 374.50 Td (end ) Tj ET Q q 0 0 0 rg BT 430.56 374.50 Td (on ) Tj ET Q q 0 0 0 rg BT 443.78 374.50 Td (April ) Tj ET Q q 0 0 0 rg BT 466.41 374.50 Td (17, ) Tj ET Q q 0 0 0 rg BT 482.92 374.50 Td (2018 ) Tj ET Q q 0 0 0 rg BT 507.79 374.50 Td (and ) Tj ET Q q 0 0 0 rg BT 527.09 374.50 Td (May ) Tj ET Q q 0 0 0 rg BT 548.60 374.50 Td (15, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 362.50 Td (2018. ) Tj ET Q q 0 0 0 rg BT 77.15 362.50 Td (The ) Tj ET Q q 0 0 0 rg BT 97.18 362.50 Td (drill ) Tj ET Q q 0 0 0 rg BT 115.54 362.50 Td (results ) Tj ET Q q 0 0 0 rg BT 147.80 362.50 Td (continue ) Tj ET Q q 0 0 0 rg BT 188.41 362.50 Td (to ) Tj ET Q q 0 0 0 rg BT 199.56 362.50 Td (solidify ) Tj ET Q q 0 0 0 rg BT 232.93 362.50 Td (the ) Tj ET Q q 0 0 0 rg BT 249.63 362.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 302.14 362.50 Td (understanding ) Tj ET Q q 0 0 0 rg BT 368.33 362.50 Td (and ) Tj ET Q q 0 0 0 rg BT 387.82 362.50 Td (confidence ) Tj ET Q q 0 0 0 rg BT 438.99 362.50 Td (in ) Tj ET Q q 0 0 0 rg BT 449.58 362.50 Td (the ) Tj ET Q q 0 0 0 rg BT 466.29 362.50 Td (new ) Tj ET Q q 0 0 0 rg BT 487.44 362.50 Td (geological ) Tj ET Q q 0 0 0 rg BT 535.27 362.50 Td (model ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 350.50 Td (at ) Tj ET Q q 0 0 0 rg BT 60.55 350.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 88.27 350.50 Td (Blanco. ) Tj ET Q q 0 0 0 rg BT 124.16 350.50 Td (The ) Tj ET Q q 0 0 0 rg BT 144.11 350.50 Td (drilling ) Tj ET Q q 0 0 0 rg BT 175.72 350.50 Td (continues ) Tj ET Q q 0 0 0 rg BT 221.24 350.50 Td (to ) Tj ET Q q 0 0 0 rg BT 232.30 350.50 Td (highlight ) Tj ET Q q 0 0 0 rg BT 272.26 350.50 Td (broad ) Tj ET Q q 0 0 0 rg BT 300.55 350.50 Td (zones ) Tj ET Q q 0 0 0 rg BT 329.95 350.50 Td (of ) Tj ET Q q 0 0 0 rg BT 341.00 350.50 Td (high-grade ) Tj ET Q q 0 0 0 rg BT 391.53 350.50 Td (mineralization ) Tj ET Q q 0 0 0 rg BT 455.94 350.50 Td (comprising ) Tj ET Q q 0 0 0 rg BT 507.00 350.50 Td (multiple ) Tj ET Q q 0 0 0 rg BT 544.17 350.50 Td (vein ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 338.50 Td (sets ) Tj ET Q q 0 0 0 rg BT 69.86 338.50 Td (considered ) Tj ET Q q 0 0 0 rg BT 120.80 338.50 Td (amenable ) Tj ET Q q 0 0 0 rg BT 166.74 338.50 Td (for ) Tj ET Q q 0 0 0 rg BT 180.43 338.50 Td (underground ) Tj ET Q q 0 0 0 rg BT 239.17 338.50 Td (bulk ) Tj ET Q q 0 0 0 rg BT 259.53 338.50 Td (mining ) Tj ET Q q 0 0 0 rg BT 291.01 338.50 Td (methods ) Tj ET Q q 0 0 0 rg BT 331.38 338.50 Td (in ) Tj ET Q q 0 0 0 rg BT 341.19 338.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 368.21 338.50 Td (Blanco's ) Tj ET Q q 0 0 0 rg BT 407.72 338.50 Td (Preliminary ) Tj ET Q q 0 0 0 rg BT 459.75 338.50 Td (Economic ) Tj ET Q q 0 0 0 rg BT 505.27 338.50 Td (Assessment, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 326.50 Td (dated ) Tj ET Q q 0 0 0 rg BT 77.30 326.50 Td (March ) Tj ET Q q 0 0 0 rg BT 107.86 326.50 Td (20, ) Tj ET Q q 0 0 0 rg BT 124.54 326.50 Td (2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 302.50 Td (During ) Tj ET Q q 0 0 0 rg BT 82.91 302.50 Td (the ) Tj ET Q q 0 0 0 rg BT 100.77 302.50 Td (quarter ) Tj ET Q q 0 0 0 rg BT 136.41 302.50 Td (a ) Tj ET Q q 0 0 0 rg BT 145.93 302.50 Td (detailed ) Tj ET Q q 0 0 0 rg BT 184.92 302.50 Td (exploration, ) Tj ET Q q 0 0 0 rg BT 240.57 302.50 Td (mapping ) Tj ET Q q 0 0 0 rg BT 282.89 302.50 Td (and ) Tj ET Q q 0 0 0 rg BT 303.53 302.50 Td (targeting ) Tj ET Q q 0 0 0 rg BT 346.40 302.50 Td (exercise ) Tj ET Q q 0 0 0 rg BT 387.59 302.50 Td (was ) Tj ET Q q 0 0 0 rg BT 409.33 302.50 Td (carried ) Tj ET Q q 0 0 0 rg BT 443.85 302.50 Td (out ) Tj ET Q q 0 0 0 rg BT 461.71 302.50 Td (to ) Tj ET Q q 0 0 0 rg BT 474.01 302.50 Td (identify ) Tj ET Q q 0 0 0 rg BT 509.65 302.50 Td (high ) Tj ET Q q 0 0 0 rg BT 532.51 302.50 Td (priority ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 290.50 Td (exploration ) Tj ET Q q 0 0 0 rg BT 101.68 290.50 Td (drill ) Tj ET Q q 0 0 0 rg BT 120.49 290.50 Td (targets ) Tj ET Q q 0 0 0 rg BT 154.31 290.50 Td (in ) Tj ET Q q 0 0 0 rg BT 165.35 290.50 Td (the ) Tj ET Q q 0 0 0 rg BT 182.51 290.50 Td (northern ) Tj ET Q q 0 0 0 rg BT 223.01 290.50 Td (part ) Tj ET Q q 0 0 0 rg BT 243.49 290.50 Td (of ) Tj ET Q q 0 0 0 rg BT 255.09 290.50 Td (the ) Tj ET Q q 0 0 0 rg BT 272.24 290.50 Td (project ) Tj ET Q q 0 0 0 rg BT 305.51 290.50 Td (and ) Tj ET Q q 0 0 0 rg BT 325.45 290.50 Td (adjacent ) Tj ET Q q 0 0 0 rg BT 366.51 290.50 Td (to ) Tj ET Q q 0 0 0 rg BT 378.11 290.50 Td (the ) Tj ET Q q 0 0 0 rg BT 395.26 290.50 Td (current ) Tj ET Q q 0 0 0 rg BT 429.64 290.50 Td (deposit. ) Tj ET Q q 0 0 0 rg BT 467.71 290.50 Td (T) Tj ET Q q 0 0 0 rg BT 472.71 290.50 Td (argets ) Tj ET Q q 0 0 0 rg BT 503.75 290.50 Td (will ) Tj ET Q q 0 0 0 rg BT 520.90 290.50 Td (be ) Tj ET Q q 0 0 0 rg BT 535.27 290.50 Td (vetted ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 278.50 Td (and ) Tj ET Q q 0 0 0 rg BT 68.96 278.50 Td (a ) Tj ET Q q 0 0 0 rg BT 77.30 278.50 Td (proposal ) Tj ET Q q 0 0 0 rg BT 118.44 278.50 Td (made ) Tj ET Q q 0 0 0 rg BT 146.23 278.50 Td (to ) Tj ET Q q 0 0 0 rg BT 157.35 278.50 Td (the ) Tj ET Q q 0 0 0 rg BT 174.03 278.50 Td (Board ) Tj ET Q q 0 0 0 rg BT 203.49 278.50 Td (of ) Tj ET Q q 0 0 0 rg BT 214.61 278.50 Td (Directors ) Tj ET Q q 0 0 0 rg BT 257.40 278.50 Td (for ) Tj ET Q q 0 0 0 rg BT 271.84 278.50 Td (drill ) Tj ET Q q 0 0 0 rg BT 290.18 278.50 Td (testing ) Tj ET Q q 0 0 0 rg BT 322.42 278.50 Td (during ) Tj ET Q q 0 0 0 rg BT 353.00 278.50 Td (the ) Tj ET Q q 0 0 0 rg BT 369.68 278.50 Td (second ) Tj ET Q q 0 0 0 rg BT 404.70 278.50 Td (quarter ) Tj ET Q q 0 0 0 rg BT 439.16 278.50 Td (of ) Tj ET Q q 0 0 0 rg BT 450.28 278.50 Td (2018.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 254.50 Td (Key ) Tj ET Q q 0 0 0 rg BT 69.01 254.50 Td (aspects ) Tj ET Q q 0 0 0 rg BT 105.75 254.50 Td (of ) Tj ET Q q 0 0 0 rg BT 116.37 254.50 Td (the ) Tj ET Q q 0 0 0 rg BT 132.55 254.50 Td (Feasibility ) Tj ET Q q 0 0 0 rg BT 179.29 254.50 Td (Study ) Tj ET Q q 0 0 0 rg BT 207.14 254.50 Td (that ) Tj ET Q q 0 0 0 rg BT 226.10 254.50 Td (were ) Tj ET Q q 0 0 0 rg BT 250.05 254.50 Td (a ) Tj ET Q q 0 0 0 rg BT 257.89 254.50 Td (focus ) Tj ET Q q 0 0 0 rg BT 284.08 254.50 Td (for ) Tj ET Q q 0 0 0 rg BT 298.02 254.50 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 313.64 254.50 Td (include ) Tj ET Q q 0 0 0 rg BT 347.61 254.50 Td (the ) Tj ET Q q 0 0 0 rg BT 363.79 254.50 Td (resource ) Tj ET Q q 0 0 0 rg BT 404.98 254.50 Td (estimate ) Tj ET Q q 0 0 0 rg BT 445.05 254.50 Td (and ) Tj ET Q q 0 0 0 rg BT 464.01 254.50 Td (hydrology ) Tj ET Q q 0 0 0 rg BT 509.65 254.50 Td (model. ) Tj ET Q q 0 0 0 rg BT 541.95 254.50 Td (Both ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 242.50 Td (are ) Tj ET Q q 0 0 0 rg BT 66.95 242.50 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 118.31 242.50 Td (to ) Tj ET Q q 0 0 0 rg BT 129.64 242.50 Td (be ) Tj ET Q q 0 0 0 rg BT 143.76 242.50 Td (completed ) Tj ET Q q 0 0 0 rg BT 192.89 242.50 Td (mid-2018 ) Tj ET Q q 0 0 0 rg BT 237.58 242.50 Td (and ) Tj ET Q q 0 0 0 rg BT 257.26 242.50 Td (will ) Tj ET Q q 0 0 0 rg BT 274.14 242.50 Td (feed ) Tj ET Q q 0 0 0 rg BT 296.59 242.50 Td (into ) Tj ET Q q 0 0 0 rg BT 315.71 242.50 Td (the ) Tj ET Q q 0 0 0 rg BT 332.61 242.50 Td (Feasibility ) Tj ET Q q 0 0 0 rg BT 380.06 242.50 Td (Study) Tj ET Q q 0 0 0 rg BT 404.89 242.50 Td (. ) Tj ET Q q 0 0 0 rg BT 410.47 242.50 Td (The ) Tj ET Q q 0 0 0 rg BT 430.69 242.50 Td (Feasibility ) Tj ET Q q 0 0 0 rg BT 478.14 242.50 Td (Study ) Tj ET Q q 0 0 0 rg BT 506.71 242.50 Td (is ) Tj ET Q q 0 0 0 rg BT 516.92 242.50 Td (scheduled ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 230.50 Td (to ) Tj ET Q q 0 0 0 rg BT 60.62 230.50 Td (be ) Tj ET Q q 0 0 0 rg BT 74.52 230.50 Td (completed ) Tj ET Q q 0 0 0 rg BT 123.44 230.50 Td (by ) Tj ET Q q 0 0 0 rg BT 136.78 230.50 Td (the ) Tj ET Q q 0 0 0 rg BT 153.46 230.50 Td (end ) Tj ET Q q 0 0 0 rg BT 172.92 230.50 Td (of ) Tj ET Q q 0 0 0 rg BT 184.04 230.50 Td (2018.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 206.50 Td (Mita ) Tj ET Q q 0 0 0 rg BT 72.28 206.50 Td (Geothermal) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 182.50 Td (The ) Tj ET Q q 0 0 0 rg BT 69.56 182.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 115.18 182.50 Td (owns ) Tj ET Q q 0 0 0 rg BT 141.36 182.50 Td (a ) Tj ET Q q 0 0 0 rg BT 149.74 182.50 Td (100% ) Tj ET Q q 0 0 0 rg BT 178.15 182.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 213.77 182.50 Td (in ) Tj ET Q q 0 0 0 rg BT 224.38 182.50 Td (Mita ) Tj ET Q q 0 0 0 rg BT 246.10 182.50 Td (Geothermal ) Tj ET Q q 0 0 0 rg BT 301.17 182.50 Td (through ) Tj ET Q q 0 0 0 rg BT 337.91 182.50 Td (its ) Tj ET Q q 0 0 0 rg BT 350.74 182.50 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 414.15 182.50 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 458.43 182.50 Td (, ) Tj ET Q q 0 0 0 rg BT 464.04 182.50 Td (Geotermia ) Tj ET Q q 0 0 0 rg BT 513.55 182.50 Td (Oriental ) Tj ET Q q 0 0 0 rg BT 551.39 182.50 Td (de ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 170.50 Td (Guatemala, ) Tj ET Q q 0 0 0 rg BT 104.58 170.50 Td (S.A. ) Tj ET Q q 0 0 0 rg BT 126.85 170.50 Td (\("Geotermia"\). ) Tj ET Q q 0 0 0 rg BT 193.46 170.50 Td (Mita ) Tj ET Q q 0 0 0 rg BT 215.73 170.50 Td (Geotermal ) Tj ET Q q 0 0 0 rg BT 265.80 170.50 Td (is ) Tj ET Q q 0 0 0 rg BT 276.40 170.50 Td (a ) Tj ET Q q 0 0 0 rg BT 285.35 170.50 Td (geothermal ) Tj ET Q q 0 0 0 rg BT 338.76 170.50 Td (energy ) Tj ET Q q 0 0 0 rg BT 372.71 170.50 Td (resource ) Tj ET Q q 0 0 0 rg BT 415.00 170.50 Td (located ) Tj ET Q q 0 0 0 rg BT 450.63 170.50 Td (adjacent ) Tj ET Q q 0 0 0 rg BT 491.82 170.50 Td (to ) Tj ET Q q 0 0 0 rg BT 503.54 170.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 531.93 170.50 Td (Blanco ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 158.50 Td (and ) Tj ET Q q 0 0 0 rg BT 69.20 158.50 Td (is ) Tj ET Q q 0 0 0 rg BT 79.44 158.50 Td (7 ) Tj ET Q q 0 0 0 rg BT 88.02 158.50 Td (km ) Tj ET Q q 0 0 0 rg BT 104.37 158.50 Td (from ) Tj ET Q q 0 0 0 rg BT 127.39 158.50 Td (the ) Tj ET Q q 0 0 0 rg BT 144.31 158.50 Td (Pan ) Tj ET Q q 0 0 0 rg BT 164.52 158.50 Td (American ) Tj ET Q q 0 0 0 rg BT 209.78 158.50 Td (Highway ) Tj ET Q q 0 0 0 rg BT 251.15 158.50 Td (near ) Tj ET Q q 0 0 0 rg BT 274.18 158.50 Td (the ) Tj ET Q q 0 0 0 rg BT 291.10 158.50 Td (town ) Tj ET Q q 0 0 0 rg BT 315.24 158.50 Td (of ) Tj ET Q q 0 0 0 rg BT 326.00 158.50 Td (Asuncion ) Tj ET Q q 0 0 0 rg BT 370.16 158.50 Td (Mita, ) Tj ET Q q 0 0 0 rg BT 394.84 158.50 Td (in ) Tj ET Q q 0 0 0 rg BT 405.65 158.50 Td (the ) Tj ET Q q 0 0 0 rg BT 422.57 158.50 Td (region ) Tj ET Q q 0 0 0 rg BT 453.38 158.50 Td (of ) Tj ET Q q 0 0 0 rg BT 464.74 158.50 Td (Jutiapa ) Tj ET Q q 0 0 0 rg BT 500.00 158.50 Td (in ) Tj ET Q q 0 0 0 rg BT 510.81 158.50 Td (Guatemala. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 146.50 Td (In ) Tj ET Q q 0 0 0 rg BT 60.68 146.50 Td (November ) Tj ET Q q 0 0 0 rg BT 109.64 146.50 Td (of ) Tj ET Q q 0 0 0 rg BT 120.81 146.50 Td (2015, ) Tj ET Q q 0 0 0 rg BT 148.67 146.50 Td (the ) Tj ET Q q 0 0 0 rg BT 165.41 146.50 Td (Government ) Tj ET Q q 0 0 0 rg BT 223.27 146.50 Td (of ) Tj ET Q q 0 0 0 rg BT 234.45 146.50 Td (Guatemala ) Tj ET Q q 0 0 0 rg BT 286.20 146.50 Td (granted ) Tj ET Q q 0 0 0 rg BT 322.95 146.50 Td (Geotermia ) Tj ET Q q 0 0 0 rg BT 372.47 146.50 Td (a ) Tj ET Q q 0 0 0 rg BT 380.87 146.50 Td (50-year ) Tj ET Q q 0 0 0 rg BT 417.61 146.50 Td (license ) Tj ET Q q 0 0 0 rg BT 451.57 146.50 Td (to ) Tj ET Q q 0 0 0 rg BT 462.75 146.50 Td (build ) Tj ET Q q 0 0 0 rg BT 486.71 146.50 Td (and ) Tj ET Q q 0 0 0 rg BT 506.23 146.50 Td (operate ) Tj ET Q q 0 0 0 rg BT 542.98 146.50 Td (a ) Tj ET Q q 0 0 0 rg BT 551.38 146.50 Td (50 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 134.50 Td (megawatt ) Tj ET Q q 0 0 0 rg BT 95.63 134.50 Td (geothermal ) Tj ET Q q 0 0 0 rg BT 148.44 134.50 Td (plant.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 110.50 Td (During ) Tj ET Q q 0 0 0 rg BT 81.91 110.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 98.75 110.50 Td (three ) Tj ET Q q 0 0 0 rg BT 124.50 110.50 Td (months ) Tj ET Q q 0 0 0 rg BT 160.24 110.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 190.99 110.50 Td (March ) Tj ET Q q 0 0 0 rg BT 221.72 110.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 238.57 110.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 260.82 110.50 Td (, ) Tj ET Q q 0 0 0 rg BT 266.54 110.50 Td (the ) Tj ET Q q 0 0 0 rg BT 283.39 110.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 329.14 110.50 Td (initiated ) Tj ET Q q 0 0 0 rg BT 366.55 110.50 Td (flow-testing ) Tj ET Q q 0 0 0 rg BT 420.08 110.50 Td (of ) Tj ET Q q 0 0 0 rg BT 431.37 110.50 Td (select ) Tj ET Q q 0 0 0 rg BT 460.44 110.50 Td (geothermal ) Tj ET Q q 0 0 0 rg BT 513.41 110.50 Td (wells ) Tj ET Q q 0 0 0 rg BT 538.59 110.50 Td (using ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 98.50 Td (an ) Tj ET Q q 0 0 0 rg BT 63.71 98.50 Td (expert ) Tj ET Q q 0 0 0 rg BT 94.59 98.50 Td (group ) Tj ET Q q 0 0 0 rg BT 123.25 98.50 Td (from ) Tj ET Q q 0 0 0 rg BT 146.33 98.50 Td (California, ) Tj ET Q q 0 0 0 rg BT 194.44 98.50 Td (U.S.A. ) Tj ET Q q 0 0 0 rg BT 226.42 98.50 Td (Equipment ) Tj ET Q q 0 0 0 rg BT 277.31 98.50 Td (was ) Tj ET Q q 0 0 0 rg BT 298.18 98.50 Td (installed ) Tj ET Q q 0 0 0 rg BT 337.95 98.50 Td (on ) Tj ET Q q 0 0 0 rg BT 352.16 98.50 Td (site ) Tj ET Q q 0 0 0 rg BT 370.81 98.50 Td (and ) Tj ET Q q 0 0 0 rg BT 390.58 98.50 Td (three ) Tj ET Q q 0 0 0 rg BT 416.46 98.50 Td (geothermal ) Tj ET Q q 0 0 0 rg BT 469.57 98.50 Td (wells, ) Tj ET Q q 0 0 0 rg BT 497.66 98.50 Td (of ) Tj ET Q q 0 0 0 rg BT 509.08 98.50 Td (the ) Tj ET Q q 0 0 0 rg BT 526.07 98.50 Td (19 ) Tj ET Q q 0 0 0 rg BT 540.28 98.50 Td (wells ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 86.50 Td (drilled ) Tj ET Q q 0 0 0 rg BT 78.99 86.50 Td (by ) Tj ET Q q 0 0 0 rg BT 92.36 86.50 Td (the ) Tj ET Q q 0 0 0 rg BT 109.07 86.50 Td (previous ) Tj ET Q q 0 0 0 rg BT 149.68 86.50 Td (owners, ) Tj ET Q q 0 0 0 rg BT 187.50 86.50 Td (were ) Tj ET Q q 0 0 0 rg BT 211.99 86.50 Td (tested ) Tj ET Q q 0 0 0 rg BT 242.04 86.50 Td (for ) Tj ET Q q 0 0 0 rg BT 256.52 86.50 Td (power ) Tj ET Q q 0 0 0 rg BT 286.56 86.50 Td (generation ) Tj ET Q q 0 0 0 rg BT 336.63 86.50 Td (capabilities; ) Tj ET Q q 0 0 0 rg BT 391.69 86.50 Td (a ) Tj ET Q q 0 0 0 rg BT 400.07 86.50 Td (fourth ) Tj ET Q q 0 0 0 rg BT 428.45 86.50 Td (well ) Tj ET Q q 0 0 0 rg BT 448.48 86.50 Td (was ) Tj ET Q q 0 0 0 rg BT 469.08 86.50 Td (tested ) Tj ET Q q 0 0 0 rg BT 499.13 86.50 Td (for ) Tj ET Q q 0 0 0 rg BT 513.61 86.50 Td (re-injection ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 74.50 Td (properties. ) Tj ET Q q 0 0 0 rg BT 99.74 74.50 Td (The ) Tj ET Q q 0 0 0 rg BT 120.18 74.50 Td (data ) Tj ET Q q 0 0 0 rg BT 142.84 74.50 Td (collected ) Tj ET Q q 0 0 0 rg BT 185.51 74.50 Td (will ) Tj ET Q q 0 0 0 rg BT 202.60 74.50 Td (feed ) Tj ET Q q 0 0 0 rg BT 225.27 74.50 Td (into ) Tj ET Q q 0 0 0 rg BT 244.59 74.50 Td (a ) Tj ET Q q 0 0 0 rg BT 253.36 74.50 Td (new ) Tj ET Q q 0 0 0 rg BT 274.91 74.50 Td (reservoir ) Tj ET Q q 0 0 0 rg BT 317.01 74.50 Td (calculation ) Tj ET Q q 0 0 0 rg BT 367.46 74.50 Td (and ) Tj ET Q q 0 0 0 rg BT 387.35 74.50 Td (a ) Tj ET Q q 0 0 0 rg BT 396.11 74.50 Td (report ) Tj ET Q q 0 0 0 rg BT 425.44 74.50 Td (is ) Tj ET Q q 0 0 0 rg BT 435.86 74.50 Td (expected ) Tj ET Q q 0 0 0 rg BT 479.65 74.50 Td (to ) Tj ET Q q 0 0 0 rg BT 491.20 74.50 Td (be ) Tj ET Q q 0 0 0 rg BT 505.52 74.50 Td (issued ) Tj ET Q q 0 0 0 rg BT 537.63 74.50 Td (in ) Tj ET Q q 0 0 0 rg BT 548.62 74.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 62.50 Td (second ) Tj ET Q q 0 0 0 rg BT 85.88 62.50 Td (quarter ) Tj ET Q q 0 0 0 rg BT 121.69 62.50 Td (of ) Tj ET Q q 0 0 0 rg BT 134.16 62.50 Td (2018. ) Tj ET Q q 0 0 0 rg BT 163.05 62.50 Td (The ) Tj ET Q q 0 0 0 rg BT 184.41 62.50 Td (data ) Tj ET Q q 0 0 0 rg BT 208.01 62.50 Td (collected ) Tj ET Q q 0 0 0 rg BT 251.60 62.50 Td (will ) Tj ET Q q 0 0 0 rg BT 269.62 62.50 Td (also ) Tj ET Q q 0 0 0 rg BT 292.10 62.50 Td (assist ) Tj ET Q q 0 0 0 rg BT 321.79 62.50 Td (with ) Tj ET Q q 0 0 0 rg BT 343.70 62.50 Td (an ) Tj ET Q q 0 0 0 rg BT 358.96 62.50 Td (increased ) Tj ET Q q 0 0 0 rg BT 406.45 62.50 Td (understanding ) Tj ET Q q 0 0 0 rg BT 473.96 62.50 Td (of ) Tj ET Q q 0 0 0 rg BT 486.43 62.50 Td (the ) Tj ET Q q 0 0 0 rg BT 504.47 62.50 Td (overall ) Tj ET Q q 0 0 0 rg BT 538.05 62.50 Td (water ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 50.50 Td (management ) Tj ET Q q 0 0 0 rg BT 110.65 50.50 Td (plan ) Tj ET Q q 0 0 0 rg BT 132.33 50.50 Td (for ) Tj ET Q q 0 0 0 rg BT 146.78 50.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 174.56 50.50 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 207.92 50.50 Td (and ) Tj ET Q q 0 0 0 rg BT 227.38 50.50 Td (Mita ) Tj ET Q q 0 0 0 rg BT 249.05 50.50 Td (Geothermal.) Tj ET Q /GS0 gs q 98.00 0 0 33.00 53.00 734.42 cm /I4 Do Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 761.97 Td (Bluestone Resources Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 303.20 21.25 Td (5) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Project ) Tj ET Q q 0 0 0 rg BT 89.85 698.50 Td (Development ) Tj ET Q q 0 0 0 rg BT 161.98 698.50 Td (Updates ) Tj ET Q q 0 0 0 rg BT 208.43 698.50 Td (\(cont'd\)) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (Mohave ) Tj ET Q q 0 0 0 rg BT 89.51 674.50 Td (Copper ) Tj ET Q q 0 0 0 rg BT 127.29 674.50 Td (Porphyry ) Tj ET Q q 0 0 0 rg BT 173.97 674.50 Td (\("Mohave"\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 650.50 Td (Mohave ) Tj ET Q q 0 0 0 rg BT 87.89 650.50 Td (is ) Tj ET Q q 0 0 0 rg BT 97.92 650.50 Td (located ) Tj ET Q q 0 0 0 rg BT 132.98 650.50 Td (in ) Tj ET Q q 0 0 0 rg BT 143.57 650.50 Td (north-western ) Tj ET Q q 0 0 0 rg BT 206.96 650.50 Td (Arizona, ) Tj ET Q q 0 0 0 rg BT 246.46 650.50 Td (U.S.A. ) Tj ET Q q 0 0 0 rg BT 278.16 650.50 Td (and ) Tj ET Q q 0 0 0 rg BT 297.66 650.50 Td (is ) Tj ET Q q 0 0 0 rg BT 307.69 650.50 Td (interpreted ) Tj ET Q q 0 0 0 rg BT 358.31 650.50 Td (as ) Tj ET Q q 0 0 0 rg BT 371.68 650.50 Td (a ) Tj ET Q q 0 0 0 rg BT 380.06 650.50 Td (large-scale, ) Tj ET Q q 0 0 0 rg BT 434.56 650.50 Td (copper ) Tj ET Q q 0 0 0 rg BT 467.94 650.50 Td (porphyry ) Tj ET Q q 0 0 0 rg BT 509.66 650.50 Td (deposit ) Tj ET Q q 0 0 0 rg BT 544.72 650.50 Td (with ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 638.50 Td (silver ) Tj ET Q q 0 0 0 rg BT 75.61 638.50 Td (and ) Tj ET Q q 0 0 0 rg BT 95.08 638.50 Td (molybdenum ) Tj ET Q q 0 0 0 rg BT 155.11 638.50 Td (by-products. ) Tj ET Q q 0 0 0 rg BT 212.73 638.50 Td (The ) Tj ET Q q 0 0 0 rg BT 232.74 638.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 278.31 638.50 Td (continues ) Tj ET Q q 0 0 0 rg BT 323.90 638.50 Td (to ) Tj ET Q q 0 0 0 rg BT 335.02 638.50 Td (explore ) Tj ET Q q 0 0 0 rg BT 370.59 638.50 Td (options ) Tj ET Q q 0 0 0 rg BT 405.62 638.50 Td (for ) Tj ET Q q 0 0 0 rg BT 420.07 638.50 Td (advancing ) Tj ET Q q 0 0 0 rg BT 468.44 638.50 Td (Mohave.) Tj ET Q /GS0 gs q 98.00 0 0 33.00 53.00 734.42 cm /I5 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 600.10 Td (Results ) Tj ET Q q 0 0 0 rg BT 92.47 600.10 Td (of ) Tj ET Q q 0 0 0 rg BT 106.08 600.10 Td (Operations ) Tj ET Q q 0 0 0 rg BT 167.38 600.10 Td (for ) Tj ET Q q 0 0 0 rg BT 185.28 600.10 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.01 600.10 Td (Three ) Tj ET Q q 0 0 0 rg BT 238.20 600.10 Td (Months ) Tj ET Q q 0 0 0 rg BT 280.53 600.10 Td (Ended ) Tj ET Q q 0 0 0 rg BT 317.38 600.10 Td (March ) Tj ET Q q 0 0 0 rg BT 353.01 600.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 371.53 600.10 Td (2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 396.00 600.10 Td ( ) Tj ET Q q 0 0 0 rg BT 399.23 600.10 Td (Compared ) Tj ET Q q 0 0 0 rg BT 456.86 600.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.48 600.10 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.21 600.10 Td (Three ) Tj ET Q q 0 0 0 rg BT 523.40 600.10 Td (Months ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 586.90 Td (Ended ) Tj ET Q q 0 0 0 rg BT 86.17 586.90 Td (February ) Tj ET Q q 0 0 0 rg BT 136.30 586.90 Td (28, ) Tj ET Q q 0 0 0 rg BT 154.64 586.90 Td (2017) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 179.12 586.90 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 562.90 Td (The ) Tj ET Q q 0 0 0 rg BT 68.46 562.90 Td (Company) Tj ET Q q 0 0 0 rg BT 113.30 562.90 Td (s ) Tj ET Q q 0 0 0 rg BT 120.03 562.90 Td (net ) Tj ET Q q 0 0 0 rg BT 135.66 562.90 Td (loss ) Tj ET Q q 0 0 0 rg BT 155.17 562.90 Td (for ) Tj ET Q q 0 0 0 rg BT 168.57 562.90 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 184.20 562.90 Td (three ) Tj ET Q q 0 0 0 rg BT 208.73 562.90 Td (months ) Tj ET Q q 0 0 0 rg BT 243.25 562.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 272.79 562.90 Td (March ) Tj ET Q q 0 0 0 rg BT 302.30 562.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 317.93 562.90 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 340.17 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 341.90 562.90 Td (totaled ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 373.66 562.90 Td ($5,765,447) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 423.71 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 425.44 562.90 Td (or ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 436.06 562.90 Td ($0.09) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 461.08 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 462.81 562.90 Td (per ) Tj ET Q q 0 0 0 rg BT 478.99 562.90 Td (share ) Tj ET Q q 0 0 0 rg BT 505.74 562.90 Td (as ) Tj ET Q q 0 0 0 rg BT 518.03 562.90 Td (compared ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 550.90 Td (to ) Tj ET Q q 0 0 0 rg BT 60.83 550.90 Td (a ) Tj ET Q q 0 0 0 rg BT 69.38 550.90 Td (net ) Tj ET Q q 0 0 0 rg BT 86.26 550.90 Td (loss ) Tj ET Q q 0 0 0 rg BT 107.04 550.90 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 118.36 550.90 Td ($210,498) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 160.07 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 163.06 550.90 Td (or ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 174.94 550.90 Td ($0.05) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 199.96 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 202.95 550.90 Td (per ) Tj ET Q q 0 0 0 rg BT 220.39 550.90 Td (share ) Tj ET Q q 0 0 0 rg BT 248.39 550.90 Td (for ) Tj ET Q q 0 0 0 rg BT 263.05 550.90 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 279.94 550.90 Td (three ) Tj ET Q q 0 0 0 rg BT 305.72 550.90 Td (months ) Tj ET Q q 0 0 0 rg BT 341.50 550.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 372.29 550.90 Td (February ) Tj ET Q q 0 0 0 rg BT 415.29 550.90 Td (28, ) Tj ET Q q 0 0 0 rg BT 432.18 550.90 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 454.43 550.90 Td (. ) Tj ET Q q 0 0 0 rg BT 459.60 550.90 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 502.05 550.90 Td (shown ) Tj ET Q q 0 0 0 rg BT 533.95 550.90 Td (for ) Tj ET Q q 0 0 0 rg BT 548.60 550.90 Td (the ) Tj ET Q q 0 0 0 rg BT 565.28 550.90 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 538.90 Td (three ) Tj ET Q q 0 0 0 rg BT 75.48 538.90 Td (months ) Tj ET Q q 0 0 0 rg BT 111.46 538.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 142.46 538.90 Td (February 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(description ) Tj ET Q q 0 0 0 rg BT 242.36 526.90 Td (of ) Tj ET Q q 0 0 0 rg BT 254.50 526.90 Td (this ) Tj ET Q q 0 0 0 rg BT 273.86 526.90 Td (change ) Tj ET Q q 0 0 0 rg BT 310.47 526.90 Td (in ) Tj ET Q q 0 0 0 rg BT 322.05 526.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 374.22 526.90 Td (policies ) Tj ET Q q 0 0 0 rg BT 411.36 526.90 Td (can ) Tj ET Q q 0 0 0 rg BT 431.29 526.90 Td (be ) Tj ET Q q 0 0 0 rg BT 446.21 526.90 Td (found ) Tj ET Q q 0 0 0 rg BT 475.03 526.90 Td (in ) Tj ET Q q 0 0 0 rg BT 486.61 526.90 Td (notes ) Tj ET Q q 0 0 0 rg BT 514.87 526.90 Td (3\(b\) ) Tj ET Q q 0 0 0 rg BT 536.45 526.90 Td (of ) Tj ET Q q 0 0 0 rg BT 548.59 526.90 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 514.90 Td (Company's ) Tj ET Q q 0 0 0 rg BT 100.69 514.90 Td (condensed ) Tj ET Q q 0 0 0 rg BT 151.11 514.90 Td (interim ) Tj ET Q q 0 0 0 rg BT 182.60 514.90 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 240.24 514.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 278.41 514.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 328.81 514.90 Td (for ) Tj ET Q q 0 0 0 rg BT 341.96 514.90 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 357.35 514.90 Td (three ) Tj ET Q q 0 0 0 rg BT 381.63 514.90 Td (months ) Tj ET Q q 0 0 0 rg BT 415.91 514.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 445.20 514.90 Td (March ) Tj ET Q q 0 0 0 rg BT 474.47 514.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 489.85 514.90 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 512.10 514.90 Td (. ) Tj ET Q q 0 0 0 rg BT 516.36 514.90 Td (Significant ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 502.90 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 109.54 502.90 Td (and ) Tj ET Q q 0 0 0 rg BT 129.00 502.90 Td (variances ) Tj ET Q q 0 0 0 rg BT 174.58 502.90 Td (are ) Tj ET Q q 0 0 0 rg BT 191.81 502.90 Td (as ) Tj ET Q q 0 0 0 rg BT 205.15 502.90 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251 467.4 m 358 467.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 467.4 m 462 467.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 467.4 m 251 467.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251 467.4 m 358 467.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 467.4 m 462 467.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 467.4 m 563 467.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 313.4 m 251 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251 313.4 m 358 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 313.4 m 462 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 313.4 m 563 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 313.4 m 251 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251 313.4 m 358 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 313.4 m 462 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 313.4 m 563 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 243.39999999999998 m 251 243.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251 243.39999999999998 m 358 243.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 243.39999999999998 m 462 243.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 243.39999999999998 m 563 243.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 243.39999999999998 m 251 243.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 229.39999999999998 m 251 229.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251 243.39999999999998 m 358 243.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 251 229.39999999999998 m 358 229.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 243.39999999999998 m 462 243.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 358 229.39999999999998 m 462 229.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 243.39999999999998 m 563 243.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 462 229.39999999999998 m 563 229.39999999999998 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.60 482.02 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.30 472.02 Td (March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 365.10 482.02 Td (Three Months Ended) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 376.75 472.02 Td (February 28, 2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 468.90 472.02 Td (Increase \(Decrease\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 457.62 Td (Accounting and legal) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 145.35 462.39 Td ( \(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.40 457.62 Td ($139,066) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 435.90 457.62 Td ($709) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 517.40 457.62 Td ($138,357) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 443.62 Td (Accretion) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 94.18 448.39 Td ( \(2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.55 443.67 Td (48,096) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 443.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.55 443.62 Td (48,096) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 429.62 Td (Advertising and promotion) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 168.68 434.39 Td ( \(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.55 429.67 Td (90,686) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 433.10 429.62 Td (4,108) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.55 429.62 Td (86,578) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 415.62 Td (Corporate listing and filing fees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.55 415.67 Td (14,649) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 433.10 415.62 Td (4,515) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.55 415.62 Td (10,134) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 401.62 Td (Exploration and evaluation expenses) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 215.95 406.39 Td ( \(4\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.65 401.62 Td (4,820,188) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 401.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 514.65 401.62 Td (4,820,188) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 387.62 Td (Of) Tj ET Q q 0 0 0 rg BT 62.88 387.62 Td (fice and administration) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 162.93 392.39 Td ( \(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 387.62 Td (255,853) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 433.10 387.62 Td (9,079) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 523.00 387.62 Td (246,774) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 373.62 Td (Property investigation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.15 373.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 433.10 373.62 Td (9,888) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 530.75 373.62 Td (\(9,888) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 559.15 373.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 359.62 Td (Rent) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 73.62 364.39 Td ( \(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.55 359.67 Td (43,078) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 441.45 359.62 Td (368) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.55 359.62 Td (42,710) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 345.62 Td (Share-based compensation) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 174.80 350.39 Td ( \(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 345.62 Td (467,993) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 345.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 523.00 345.62 Td (467,993) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 331.62 Td (T) Tj ET Q q 0 0 0 rg BT 58.42 331.62 Td (ransfer agent fees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.45 331.62 Td (392) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 433.10 331.62 Td (2,988) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 530.75 331.62 Td (\(2,596) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 559.15 331.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 317.62 Td (W) Tj ET Q q 0 0 0 rg BT 61.57 317.62 Td (ages and consulting fees) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 172.20 322.39 Td ( \(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 317.62 Td (569,941) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 422.00 317.62 Td (178,843) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 523.00 317.62 Td (391,098) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 303.62 Td (T) Tj ET Q q 0 0 0 rg BT 58.05 303.62 Td (otal expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.30 303.67 Td (\(6,449,942) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.15 303.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 418.65 303.62 Td (\(210,498) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 458.15 303.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 511.30 303.62 Td (\(6,239,444) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 559.15 303.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 275.62 Td (Interest income) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 120.86 280.39 Td ( \(3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 275.62 Td (1) Tj ET Q q 0 0 0 rg BT 323.56 275.62 Td (19,120) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 275.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 523.00 275.62 Td (1) Tj ET Q q 0 0 0 rg BT 528.56 275.62 Td (19,120) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 261.62 Td (Other income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.55 261.67 Td (10,923) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 261.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.55 261.62 Td (10,923) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 247.62 Td (Foreign exchange gain) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 247.62 Td (554,452) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 247.62 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 523.00 247.62 Td (554,452) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 233.62 Td (Net loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.75 233.62 Td (\($5,765,447) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.15 233.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 413.10 233.62 Td (\($210,498) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 458.15 233.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 505.75 233.62 Td (\($5,554,949) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 559.15 233.62 Td (\)) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 210.67 Td (\(1\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 205.90 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 137.83 205.90 Td (and ) Tj ET Q q 0 0 0 rg BT 157.36 205.90 Td (legal, ) Tj ET Q q 0 0 0 rg BT 184.12 205.90 Td (advertising ) Tj ET Q q 0 0 0 rg BT 235.33 205.90 Td (and ) Tj ET Q q 0 0 0 rg BT 254.86 205.90 Td (promotion, ) Tj ET Q q 0 0 0 rg BT 304.96 205.90 Td (of) Tj ET Q q 0 0 0 rg BT 313.12 205.90 Td (fice ) Tj ET Q q 0 0 0 rg BT 331.53 205.90 Td (and ) Tj ET Q q 0 0 0 rg BT 351.06 205.90 Td (administration, ) Tj ET Q q 0 0 0 rg BT 418.94 205.90 Td (rent, ) Tj ET Q q 0 0 0 rg BT 441.80 205.90 Td (share-based ) Tj ET Q q 0 0 0 rg BT 500.24 205.90 Td (compensation ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 193.90 Td (and ) Tj ET Q q 0 0 0 rg BT 104.63 193.90 Td (wages ) Tj ET Q q 0 0 0 rg BT 135.99 193.90 Td (and ) Tj ET Q q 0 0 0 rg BT 155.12 193.90 Td (consulting ) Tj ET Q q 0 0 0 rg BT 202.60 193.90 Td (fees ) Tj ET Q q 0 0 0 rg BT 223.95 193.90 Td (increased ) Tj ET Q q 0 0 0 rg BT 269.76 193.90 Td (due ) Tj ET Q q 0 0 0 rg BT 288.89 193.90 Td (to ) Tj ET Q q 0 0 0 rg BT 299.68 193.90 Td (increased ) Tj ET Q q 0 0 0 rg BT 345.49 193.90 Td (activities ) Tj ET Q q 0 0 0 rg BT 386.28 193.90 Td (following ) Tj ET Q q 0 0 0 rg BT 427.64 193.90 Td (the ) Tj ET Q q 0 0 0 rg BT 443.99 193.90 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 493.69 193.90 Td (of ) Tj ET Q q 0 0 0 rg BT 504.48 193.90 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 531.93 193.90 Td (Blanco ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 181.90 Td (and ) Tj ET Q q 0 0 0 rg BT 104.83 181.90 Td (Mita ) Tj ET Q q 0 0 0 rg BT 126.37 181.90 Td (Geothermal ) Tj ET Q q 0 0 0 rg BT 181.27 181.90 Td (on ) Tj ET Q q 0 0 0 rg BT 195.04 181.90 Td (May ) Tj ET Q q 0 0 0 rg BT 216.58 181.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 233.13 181.90 Td (2017 ) Tj ET Q q 0 0 0 rg BT 258.02 181.90 Td (\(the ) Tj ET Q q 0 0 0 rg BT 277.90 181.90 Td ("Acquisition"\). ) Tj ET Q q 0 0 0 rg BT 341.59 181.90 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 393.71 181.90 Td (and ) Tj ET Q q 0 0 0 rg BT 413.05 181.90 Td (legal ) Tj ET Q q 0 0 0 rg BT 436.82 181.90 Td (expense ) Tj ET Q q 0 0 0 rg BT 477.28 181.90 Td (includes ) Tj ET Q q 0 0 0 rg BT 516.62 181.90 Td (the ) Tj ET Q q 0 0 0 rg BT 533.17 181.90 Td (cost ) Tj ET Q q 0 0 0 rg BT 554.15 181.90 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 169.90 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 128.36 169.90 Td (reviews ) Tj ET Q q 0 0 0 rg BT 166.20 169.90 Td (by ) Tj ET Q q 0 0 0 rg BT 180.71 169.90 Td (the ) Tj ET Q q 0 0 0 rg BT 198.57 169.90 Td (auditor) Tj ET Q q 0 0 0 rg BT 228.59 169.90 Td (, ) Tj ET Q q 0 0 0 rg BT 235.32 169.90 Td (an ) Tj ET Q q 0 0 0 rg BT 250.39 169.90 Td (audit ) Tj ET Q q 0 0 0 rg BT 276.03 169.90 Td (accrual ) Tj ET Q q 0 0 0 rg BT 312.21 169.90 Td (and ) Tj ET Q q 0 0 0 rg BT 332.85 169.90 Td (general ) Tj ET Q q 0 0 0 rg BT 370.16 169.90 Td (legal ) Tj ET Q q 0 0 0 rg BT 395.24 169.90 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 443.99 169.90 Td (Advertising ) Tj ET Q q 0 0 0 rg BT 497.41 169.90 Td (and ) Tj ET Q q 0 0 0 rg BT 518.04 169.90 Td (promotion ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 157.90 Td (expense ) Tj ET Q q 0 0 0 rg BT 128.63 157.90 Td (includes ) Tj ET Q q 0 0 0 rg BT 170.65 157.90 Td (conferences ) Tj ET Q q 0 0 0 rg BT 230.46 157.90 Td (and ) Tj ET Q q 0 0 0 rg BT 252.47 157.90 Td (marketing. ) Tj ET Q q 0 0 0 rg BT 304.48 157.90 Td (Of) Tj ET Q q 0 0 0 rg BT 314.86 157.90 Td (fice ) Tj ET Q q 0 0 0 rg BT 335.74 157.90 Td (and ) Tj ET Q q 0 0 0 rg BT 357.76 157.90 Td (administration ) Tj ET Q q 0 0 0 rg BT 425.33 157.90 Td (includes ) Tj ET Q q 0 0 0 rg BT 467.35 157.90 Td (travel ) Tj ET Q q 0 0 0 rg BT 497.13 157.90 Td (and ) Tj ET Q q 0 0 0 rg BT 519.14 157.90 Td (insurance ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 145.90 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 134.61 145.90 Td (Share-based ) Tj ET Q q 0 0 0 rg BT 195.39 145.90 Td (compensation ) Tj ET Q q 0 0 0 rg BT 261.18 145.90 Td (includes ) Tj ET Q q 0 0 0 rg BT 301.39 145.90 Td (the ) Tj ET Q q 0 0 0 rg BT 318.81 145.90 Td (estimated ) Tj ET Q q 0 0 0 rg BT 365.69 145.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 383.10 145.90 Td (value ) Tj ET Q q 0 0 0 rg BT 410.53 145.90 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 422.40 145.90 Td (5,930,000) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 466.88 145.90 Td ( ) Tj ET Q q 0 0 0 rg BT 470.41 145.90 Td (stock ) Tj ET Q q 0 0 0 rg BT 497.27 145.90 Td (options ) Tj ET Q q 0 0 0 rg BT 533.04 145.90 Td (vested ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 133.90 Td (during ) Tj ET Q q 0 0 0 rg BT 117.30 133.90 Td (the ) Tj ET Q q 0 0 0 rg BT 135.20 133.90 Td (quarter) Tj ET Q q 0 0 0 rg BT 166.33 133.90 Td (. ) Tj ET Q q 0 0 0 rg BT 173.11 133.90 Td (W) Tj ET Q q 0 0 0 rg BT 182.17 133.90 Td (ages ) Tj ET Q q 0 0 0 rg BT 207.86 133.90 Td (and ) Tj ET Q q 0 0 0 rg BT 228.54 133.90 Td (consulting ) Tj ET Q q 0 0 0 rg BT 277.57 133.90 Td (fees ) Tj ET Q q 0 0 0 rg BT 300.47 133.90 Td (include ) Tj ET Q q 0 0 0 rg BT 336.16 133.90 Td (directors, ) Tj ET Q q 0 0 0 rg BT 381.28 133.90 Td (executives ) Tj ET Q q 0 0 0 rg BT 432.53 133.90 Td (and ) Tj ET Q q 0 0 0 rg BT 453.21 133.90 Td (employees ) Tj ET Q q 0 0 0 rg BT 505.57 133.90 Td (based ) Tj ET Q q 0 0 0 rg BT 536.81 133.90 Td (in ) Tj ET Q q 0 0 0 rg BT 548.60 133.90 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 121.90 Td (V) Tj ET Q q 0 0 0 rg BT 91.43 121.90 Td (ancouver ) Tj ET Q q 0 0 0 rg BT 135.34 121.90 Td (of) Tj ET Q q 0 0 0 rg BT 143.50 121.90 Td (fice.) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 102.67 Td (\(2\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 97.90 Td (Accretion ) Tj ET Q q 0 0 0 rg BT 129.96 97.90 Td (expense ) Tj ET Q q 0 0 0 rg BT 170.55 97.90 Td (is ) Tj ET Q q 0 0 0 rg BT 180.55 97.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 232.25 97.90 Td (to ) Tj ET Q q 0 0 0 rg BT 243.37 97.90 Td (update ) Tj ET Q q 0 0 0 rg BT 276.73 97.90 Td (the ) Tj ET Q q 0 0 0 rg BT 293.41 97.90 Td (present ) Tj ET Q q 0 0 0 rg BT 329.54 97.90 Td (value ) Tj ET Q q 0 0 0 rg BT 356.23 97.90 Td (of ) Tj ET Q q 0 0 0 rg BT 367.35 97.90 Td (the ) Tj ET Q q 0 0 0 rg BT 384.03 97.90 Td (rehabilitation ) Tj ET Q q 0 0 0 rg BT 443.51 97.90 Td (provision.) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 78.67 Td (\(3\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 73.90 Td (Interest ) Tj ET Q q 0 0 0 rg BT 122.61 73.90 Td (income ) Tj ET Q q 0 0 0 rg BT 158.60 73.90 Td (increased ) Tj ET Q q 0 0 0 rg BT 205.71 73.90 Td (as ) Tj ET Q q 0 0 0 rg BT 220.03 73.90 Td (the ) Tj ET Q q 0 0 0 rg BT 237.69 73.90 Td (result ) Tj ET Q q 0 0 0 rg BT 265.90 73.90 Td (of ) Tj ET Q q 0 0 0 rg BT 278.00 73.90 Td (an ) Tj ET Q q 0 0 0 rg BT 292.88 73.90 Td (increase ) Tj ET Q q 0 0 0 rg BT 334.43 73.90 Td (in ) Tj ET Q q 0 0 0 rg BT 345.97 73.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 370.85 73.90 Td (from ) Tj ET Q q 0 0 0 rg BT 394.60 73.90 Td (the ) Tj ET Q q 0 0 0 rg BT 412.26 73.90 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 457.16 73.90 Td (received ) Tj ET Q q 0 0 0 rg BT 498.71 73.90 Td (from ) Tj ET Q q 0 0 0 rg BT 522.47 73.90 Td (financing ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 61.90 Td (activities ) Tj ET Q q 0 0 0 rg BT 126.62 61.90 Td (in ) Tj ET Q q 0 0 0 rg BT 137.18 61.90 Td (the ) Tj ET Q q 0 0 0 rg BT 153.86 61.90 Td (second ) Tj ET Q q 0 0 0 rg BT 188.89 61.90 Td (quarter ) Tj ET Q q 0 0 0 rg BT 223.35 61.90 Td (of ) Tj ET Q q 0 0 0 rg BT 234.47 61.90 Td (2017.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 761.97 Td (Bluestone Resources Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 303.20 21.25 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Results ) Tj ET Q q 0 0 0 rg BT 92.47 698.50 Td (of ) Tj ET Q q 0 0 0 rg BT 106.08 698.50 Td (Operations ) Tj ET Q q 0 0 0 rg BT 167.38 698.50 Td (for ) Tj ET Q q 0 0 0 rg BT 185.28 698.50 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.01 698.50 Td (Three ) Tj ET Q q 0 0 0 rg BT 238.20 698.50 Td (Months ) Tj ET Q q 0 0 0 rg BT 280.53 698.50 Td (Ended ) Tj ET Q q 0 0 0 rg BT 317.38 698.50 Td (March ) Tj ET Q q 0 0 0 rg BT 353.01 698.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 371.53 698.50 Td (2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 396.00 698.50 Td ( ) Tj ET Q q 0 0 0 rg BT 399.23 698.50 Td (Compared ) Tj ET Q q 0 0 0 rg BT 456.86 698.50 Td (to ) Tj ET Q q 0 0 0 rg BT 470.48 698.50 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.21 698.50 Td (Three ) Tj ET Q q 0 0 0 rg BT 523.40 698.50 Td (Months ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 685.30 Td (Ended ) Tj ET Q q 0 0 0 rg BT 86.17 685.30 Td (February ) Tj ET Q q 0 0 0 rg BT 136.30 685.30 Td (28, ) Tj ET Q q 0 0 0 rg BT 154.64 685.30 Td (2017) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 179.12 685.30 Td ( ) Tj ET Q q 0 0 0 rg BT 182.17 685.30 Td (\(cont'd\)) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 666.07 Td (\(4\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 661.30 Td (Exploration ) Tj ET Q q 0 0 0 rg BT 139.20 661.30 Td (and ) Tj ET Q q 0 0 0 rg BT 159.55 661.30 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 208.81 661.30 Td (expenses ) Tj ET Q q 0 0 0 rg BT 255.29 661.30 Td (for ) Tj ET Q q 0 0 0 rg BT 270.63 661.30 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 288.20 661.30 Td (three ) Tj ET Q q 0 0 0 rg BT 314.66 661.30 Td (months ) Tj ET Q q 0 0 0 rg BT 351.13 661.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 382.60 661.30 Td (March ) Tj ET Q q 0 0 0 rg BT 414.05 661.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 431.63 661.30 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 453.87 661.30 Td ( ) Tj ET Q q 0 0 0 rg BT 457.54 661.30 Td (related ) Tj ET Q q 0 0 0 rg BT 491.79 661.30 Td (to ) Tj ET Q q 0 0 0 rg BT 503.80 661.30 Td (operations ) Tj ET Q q 0 0 0 rg BT 554.16 661.30 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 649.30 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 113.28 649.30 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 146.64 649.30 Td (and ) Tj ET Q q 0 0 0 rg BT 166.10 649.30 Td (were ) Tj ET Q q 0 0 0 rg BT 190.55 649.30 Td (for ) Tj ET Q q 0 0 0 rg BT 205.00 649.30 Td (the ) Tj ET Q q 0 0 0 rg BT 221.68 649.30 Td (following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 85 613.8 m 336 613.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 613.8 m 449 613.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 613.8 m 562 613.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 85 613.8 m 336 613.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 613.8 m 449 613.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 613.8 m 562 613.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 85 508.8 m 336 508.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 85 493.8 m 336 493.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 508.8 m 449 508.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 336 493.8 m 449 493.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 508.8 m 562 508.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 449 493.8 m 562 493.8 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.60 628.42 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.30 618.42 Td (March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 465.10 628.42 Td (Three Months Ended) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 476.75 618.42 Td (February 28, 2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 603.42 Td (Cerro Blanco operating expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.10 603.42 Td ($1,207,690) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 542.55 603.42 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 588.42 Td (Feasibility Study) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 588.42 Td (1,797,333) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 548.15 588.42 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 573.42 Td (Corporate social responsibility and community relations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.00 573.42 Td (261,470) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 548.15 573.42 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 558.42 Td (Geothermal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.00 558.42 Td (949,928) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 548.15 558.42 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 543.42 Td (Underground development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.00 543.42 Td (129,764) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 548.15 543.42 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 528.42 Td (Depreciation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.55 528.42 Td (73,218) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 548.15 528.42 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.50 513.42 Td (Change in rehabilitation provision estimates) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 280.94 518.19 Td ( \(5\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.00 513.42 Td (400,785) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 548.15 513.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.10 498.42 Td ($4,820,188) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 542.55 498.42 Td ($) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 475.07 Td (\(5\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 470.30 Td (Exploration ) Tj ET Q q 0 0 0 rg BT 137.08 470.30 Td (and ) Tj ET Q q 0 0 0 rg BT 155.31 470.30 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 202.45 470.30 Td (expenses ) Tj ET Q q 0 0 0 rg BT 246.80 470.30 Td (during ) Tj ET Q q 0 0 0 rg BT 276.15 470.30 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 291.60 470.30 Td (three ) Tj ET Q q 0 0 0 rg BT 315.94 470.30 Td (months ) Tj ET Q q 0 0 0 rg BT 350.28 470.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 379.64 470.30 Td (March ) Tj ET Q q 0 0 0 rg BT 408.97 470.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 424.42 470.30 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 446.66 470.30 Td ( ) Tj ET Q q 0 0 0 rg BT 448.21 470.30 Td (includes ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 486.45 470.30 Td ($400,785) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.16 470.30 Td ( ) Tj ET Q q 0 0 0 rg BT 529.70 470.30 Td (relating ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 458.30 Td (to ) Tj ET Q q 0 0 0 rg BT 96.62 458.30 Td (a ) Tj ET Q q 0 0 0 rg BT 104.96 458.30 Td (change ) Tj ET Q q 0 0 0 rg BT 140.54 458.30 Td (in ) Tj ET Q q 0 0 0 rg BT 151.11 458.30 Td (the ) Tj ET Q q 0 0 0 rg BT 167.79 458.30 Td (estimated ) Tj ET Q q 0 0 0 rg BT 213.92 458.30 Td (rehabilitation ) Tj ET Q q 0 0 0 rg BT 273.40 458.30 Td (provision ) Tj ET Q q 0 0 0 rg BT 316.20 458.30 Td (for ) Tj ET Q q 0 0 0 rg BT 330.65 458.30 Td (Mita ) Tj ET Q q 0 0 0 rg BT 352.32 458.30 Td (Geothermal.) Tj ET Q /GS0 gs q 98.00 0 0 33.00 53.00 734.42 cm /I6 Do Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 761.97 Td (Bluestone Resources Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 303.20 21.25 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Summary of Quarterly Results) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (The ) Tj ET Q q 0 0 0 rg BT 68.60 674.50 Td (following ) Tj ET Q q 0 0 0 rg BT 109.39 674.50 Td (table ) Tj ET Q q 0 0 0 rg BT 132.94 674.50 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 188.71 674.50 Td (selected ) Tj ET Q q 0 0 0 rg BT 227.83 674.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 266.39 674.50 Td (data ) Tj ET Q q 0 0 0 rg BT 287.73 674.50 Td (reported ) Tj ET Q q 0 0 0 rg BT 326.84 674.50 Td (by ) Tj ET Q q 0 0 0 rg BT 339.28 674.50 Td (the ) Tj ET Q q 0 0 0 rg BT 355.05 674.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 399.72 674.50 Td (for ) Tj ET Q q 0 0 0 rg BT 413.26 674.50 Td (the ) Tj ET Q q 0 0 0 rg BT 429.04 674.50 Td (three ) Tj ET Q q 0 0 0 rg BT 453.70 674.50 Td (months ) Tj ET Q q 0 0 0 rg BT 488.37 674.50 Td (ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 518.05 674.50 Td (March31, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 662.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 71.75 662.50 Td ( ) Tj ET Q q 0 0 0 rg BT 74.52 662.50 Td (and ) Tj ET Q q 0 0 0 rg BT 93.99 662.50 Td (the ) Tj ET Q q 0 0 0 rg BT 110.67 662.50 Td (previous ) Tj ET Q q 0 0 0 rg BT 151.24 662.50 Td (seven ) Tj ET Q q 0 0 0 rg BT 180.71 662.50 Td (quarters.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 630 m 133.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 133.5 630 m 188.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188.5 630 m 243.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 630 m 298.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.5 630 m 353.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 630 m 405.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 630 m 457.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 630 m 509.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 630 m 561.5 630 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 477 m 133.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 133.5 477 m 188.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188.5 477 m 243.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 477 m 298.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.5 477 m 353.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 477 m 405.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 477 m 457.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 477 m 509.5 477 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 477 m 561.5 477 l s BT /F2 8.50 Tf ET q 0 0 0 rg BT 145.75 642.81 Td (March 31,) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 166.05 634.31 Td (2018) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 200.75 642.81 Td (December) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 206.90 634.31 Td (31, 2017) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 254.35 642.81 Td (August 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 267.80 634.31 Td (2017) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 286.71 638.37 Td ( \(1\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 319.75 642.81 Td (May 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 322.80 634.31 Td (2017) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 341.71 638.37 Td ( \(1\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 367.95 642.81 Td (February) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 360.60 634.31 Td (28, 2017) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 393.69 638.37 Td ( \(2\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 414.75 642.81 Td (November) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 412.60 634.31 Td (30, 2016) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 445.69 638.37 Td ( \(2\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 465.35 642.81 Td (August 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 478.80 634.31 Td (2016) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 497.71 638.37 Td ( \(2\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 527.75 642.81 Td (May 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 530.80 634.31 Td (2016) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 549.71 638.37 Td ( \(2\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 621.31 Td (Current assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 137.85 621.31 Td ($25,131,880) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 192.85 621.31 Td ($30,829,406) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 247.85 621.31 Td ($35,816,517) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 302.85 621.31 Td ($41,367,847) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 359.60 621.36 Td ($1,554,893) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 423.40 621.31 Td ($22,617) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 475.40 621.31 Td ($33,984) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 527.40 621.31 Td ($50,582) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 607.81 Td (Property) Tj ET Q q 0 0 0 rg BT 83.81 607.81 Td (, plant and) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 599.31 Td (equipment) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 147.30 599.31 Td (3,750,587) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 202.30 599.31 Td (3,664,525) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 257.30 599.31 Td (1,706,290) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 312.30 599.36 Td (1,1) Tj ET Q q 0 0 0 rg BT 324.12 599.36 Td (14,552) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 393.65 599.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 445.65 599.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 497.65 599.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 549.65 599.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 585.81 Td (Exploration and) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 577.31 Td (evaluation assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 142.60 577.31 Td (30,126,433) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 197.60 577.31 Td (30,126,433) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 252.60 577.31 Td (30,126,433) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 307.60 577.36 Td (30,126,433) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 393.65 577.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 445.65 577.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 475.40 577.31 Td (709,615) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 527.40 577.31 Td (686,991) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 564.31 Td (T) Tj ET Q q 0 0 0 rg BT 56.72 564.31 Td (otal assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 142.60 564.31 Td (60,817,390) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 197.60 564.31 Td (66,364,124) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 252.60 564.31 Td (70,308,596) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 307.60 564.36 Td (74,608,832) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 364.30 564.36 Td (1,554,893) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 428.15 564.31 Td (22,617) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 475.40 564.31 Td (743,599) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 527.40 564.31 Td (752,347) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 551.31 Td (Current liabilities) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 147.30 551.31 Td (1,927,775) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 202.30 551.31 Td (1,910,930) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 264.40 551.31 Td (568,872) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 319.40 551.31 Td (878,599) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 371.40 551.31 Td (717,303) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 428.15 551.31 Td (60,054) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 480.15 551.31 Td (55,068) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 532.15 551.31 Td (54,193) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 538.31 Td (W) Tj ET Q q 0 0 0 rg BT 59.87 538.31 Td (orking capital) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 142.60 538.31 Td (23,204,105) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 197.60 538.31 Td (28,918,476) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 252.60 538.31 Td (35,247,645) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 307.60 538.36 Td (40,489,248) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 371.40 538.31 Td (837,590) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 425.30 538.36 Td (\(37,437) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 454.15 538.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 477.30 538.36 Td (\(21,084) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 506.15 538.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 534.00 538.31 Td (\(3,61) Tj ET Q q 0 0 0 rg BT 553.38 538.31 Td (1) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 558.15 538.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 525.31 Td (Net loss) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 144.50 525.31 Td (\(5,765,447) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 185.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 199.50 525.31 Td (\(5,756,945) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 240.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 254.50 525.31 Td (\(2,254,475) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 295.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 316.55 525.36 Td (\(152,641) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 350.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 368.55 525.36 Td (\(210,498) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 402.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 420.55 525.36 Td (\(718,104) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 454.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 477.30 525.36 Td (\(32,940) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 506.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 529.30 525.36 Td (\(28,201) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 558.15 525.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 511.81 Td (Basic and diluted) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 503.31 Td (loss per share) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 165.75 503.31 Td (\(0.09) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 185.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 220.75 503.31 Td (\(0.09) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 240.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 275.75 503.31 Td (\(0.04) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 295.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 330.75 503.31 Td (\(0.04) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 350.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 382.75 503.31 Td (\(0.05) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 402.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 434.75 503.31 Td (\(0.17) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 454.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 486.75 503.31 Td (\(0.01) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 506.15 503.31 Td (\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 549.65 503.31 Td () Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 489.81 Td (W) Tj ET Q q 0 0 0 rg BT 59.87 489.81 Td (eighted avg.) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 52.00 481.31 Td (shares) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 142.60 481.31 Td (63,828,338) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 197.60 481.31 Td (63,815,560) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 252.60 481.31 Td (50,852,838) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 312.30 481.36 Td (4,262,954) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 364.30 481.36 Td (4,262,954) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 416.30 481.36 Td (4,262,954) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 468.30 481.36 Td (4,262,954) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 520.30 481.36 Td (4,262,954) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 458.27 Td (\(1\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 453.50 Td (The ) Tj ET Q q 0 0 0 rg BT 105.93 453.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 147.48 453.50 Td (for ) Tj ET Q q 0 0 0 rg BT 162.35 453.50 Td (exploration ) Tj ET Q q 0 0 0 rg BT 214.47 453.50 Td (and ) Tj ET Q q 0 0 0 rg BT 234.35 453.50 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 283.14 453.50 Td (assets, ) Tj ET Q q 0 0 0 rg BT 318.02 453.50 Td (total ) Tj ET Q q 0 0 0 rg BT 340.12 453.50 Td (assets, ) Tj ET Q q 0 0 0 rg BT 375.00 453.50 Td (and ) Tj ET Q q 0 0 0 rg BT 394.88 453.50 Td (net ) Tj ET Q q 0 0 0 rg BT 411.98 453.50 Td (loss ) Tj ET Q q 0 0 0 rg BT 432.97 453.50 Td (for ) Tj ET Q q 0 0 0 rg BT 447.84 453.50 Td (these ) Tj ET Q q 0 0 0 rg BT 475.50 453.50 Td (quarters ) Tj ET Q q 0 0 0 rg BT 515.38 453.50 Td (have ) Tj ET Q q 0 0 0 rg BT 540.26 453.50 Td (been ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 441.50 Td (restated ) Tj ET Q q 0 0 0 rg BT 124.73 441.50 Td (for ) Tj ET Q q 0 0 0 rg BT 139.50 441.50 Td (the ) Tj ET Q q 0 0 0 rg BT 156.50 441.50 Td (change ) Tj ET Q q 0 0 0 rg BT 192.41 441.50 Td (in ) Tj ET Q q 0 0 0 rg BT 203.29 441.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 254.76 441.50 Td (policy ) Tj ET Q q 0 0 0 rg BT 283.43 441.50 Td (for ) Tj ET Q q 0 0 0 rg BT 298.20 441.50 Td (contingent ) Tj ET Q q 0 0 0 rg BT 347.44 441.50 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 412.80 441.50 Td (Further ) Tj ET Q q 0 0 0 rg BT 448.14 441.50 Td (description ) Tj ET Q q 0 0 0 rg BT 499.59 441.50 Td (of ) Tj ET Q q 0 0 0 rg BT 511.03 441.50 Td (this ) Tj ET Q q 0 0 0 rg BT 529.70 441.50 Td (change ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 429.50 Td (in ) Tj ET Q q 0 0 0 rg BT 95.81 429.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 146.70 429.50 Td (policy ) Tj ET Q q 0 0 0 rg BT 174.79 429.50 Td (can ) Tj ET Q q 0 0 0 rg BT 193.44 429.50 Td (be ) Tj ET Q q 0 0 0 rg BT 207.08 429.50 Td (found ) Tj ET Q q 0 0 0 rg BT 234.63 429.50 Td (in ) Tj ET Q q 0 0 0 rg BT 244.94 429.50 Td (note ) Tj ET Q q 0 0 0 rg BT 266.92 429.50 Td (3\(c\) ) Tj ET Q q 0 0 0 rg BT 286.67 429.50 Td (of ) Tj ET Q q 0 0 0 rg BT 297.53 429.50 Td (the ) Tj ET Q q 0 0 0 rg BT 313.96 429.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 366.19 429.50 Td (audited ) Tj ET Q q 0 0 0 rg BT 401.52 429.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 460.19 429.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 499.41 429.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 550.84 429.50 Td (for ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 417.50 Td (the ) Tj ET Q q 0 0 0 rg BT 102.18 417.50 Td (thirteen ) Tj ET Q q 0 0 0 rg BT 138.31 417.50 Td (months ) Tj ET Q q 0 0 0 rg BT 173.88 417.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 204.47 417.50 Td (December ) Tj ET Q q 0 0 0 rg BT 253.38 417.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 270.06 417.50 Td (2017.) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 67.50 398.27 Td (\(2\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 393.50 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 127.19 393.50 Td (shown ) Tj ET Q q 0 0 0 rg BT 158.32 393.50 Td (for ) Tj ET Q q 0 0 0 rg BT 172.22 393.50 Td (these ) Tj ET Q q 0 0 0 rg BT 198.91 393.50 Td (quarters ) Tj ET Q q 0 0 0 rg BT 237.82 393.50 Td (have ) Tj ET Q q 0 0 0 rg BT 261.73 393.50 Td (been ) Tj ET Q q 0 0 0 rg BT 286.20 393.50 Td (restated ) Tj ET Q q 0 0 0 rg BT 324.56 393.50 Td (for ) Tj ET Q q 0 0 0 rg BT 338.45 393.50 Td (the ) Tj ET Q q 0 0 0 rg BT 354.58 393.50 Td (change ) Tj ET Q q 0 0 0 rg BT 389.62 393.50 Td (in ) Tj ET Q q 0 0 0 rg BT 399.63 393.50 Td (presentation ) Tj ET Q q 0 0 0 rg BT 456.89 393.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 497.46 393.50 Td (from ) Tj ET Q q 0 0 0 rg BT 519.69 393.50 Td (Canadian ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 381.50 Td (dollars ) Tj ET Q q 0 0 0 rg BT 117.28 381.50 Td (to ) Tj ET Q q 0 0 0 rg BT 127.93 381.50 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 149.70 381.50 Td (dollars. ) Tj ET Q q 0 0 0 rg BT 184.26 381.50 Td (Further ) Tj ET Q q 0 0 0 rg BT 218.81 381.50 Td (description ) Tj ET Q q 0 0 0 rg BT 269.48 381.50 Td (of ) Tj ET Q q 0 0 0 rg BT 280.14 381.50 Td (this ) Tj ET Q q 0 0 0 rg BT 298.02 381.50 Td (change ) Tj ET Q q 0 0 0 rg BT 333.15 381.50 Td (in ) Tj ET Q q 0 0 0 rg BT 343.25 381.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 393.94 381.50 Td (policies ) Tj ET Q q 0 0 0 rg BT 429.60 381.50 Td (can ) Tj ET Q q 0 0 0 rg BT 448.05 381.50 Td (be ) Tj ET Q q 0 0 0 rg BT 461.49 381.50 Td (found ) Tj ET Q q 0 0 0 rg BT 488.83 381.50 Td (in ) Tj ET Q q 0 0 0 rg BT 498.93 381.50 Td (notes ) Tj ET Q q 0 0 0 rg BT 525.71 381.50 Td (3\(b\) ) Tj ET Q q 0 0 0 rg BT 545.81 381.50 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 369.50 Td (16 ) Tj ET Q q 0 0 0 rg BT 99.47 369.50 Td (of ) Tj ET Q q 0 0 0 rg BT 110.65 369.50 Td (the ) Tj ET Q q 0 0 0 rg BT 127.39 369.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 179.94 369.50 Td (audited ) Tj ET Q q 0 0 0 rg BT 215.60 369.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 274.59 369.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 314.12 369.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 365.88 369.50 Td (for ) Tj ET Q q 0 0 0 rg BT 380.39 369.50 Td (the ) Tj ET Q q 0 0 0 rg BT 397.14 369.50 Td (thirteen ) Tj ET Q q 0 0 0 rg BT 433.33 369.50 Td (months ) Tj ET Q q 0 0 0 rg BT 468.97 369.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 499.62 369.50 Td (December ) Tj ET Q q 0 0 0 rg BT 548.59 369.50 Td (31, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 357.50 Td (2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 333.50 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 92.99 333.50 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 145.94 333.50 Td (depended ) Tj ET Q q 0 0 0 rg BT 192.80 333.50 Td (on ) Tj ET Q q 0 0 0 rg BT 206.29 333.50 Td (the ) Tj ET Q q 0 0 0 rg BT 222.09 333.50 Td (Acquisition, ) Tj ET Q q 0 0 0 rg BT 275.60 333.50 Td (private ) Tj ET Q q 0 0 0 rg BT 307.98 333.50 Td (placements, ) Tj ET Q q 0 0 0 rg BT 364.26 333.50 Td (level ) Tj ET Q q 0 0 0 rg BT 387.19 333.50 Td (of ) Tj ET Q q 0 0 0 rg BT 397.90 333.50 Td (exploration ) Tj ET Q q 0 0 0 rg BT 449.19 333.50 Td (and ) Tj ET Q q 0 0 0 rg BT 468.24 333.50 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 516.20 333.50 Td (spend ) Tj ET Q q 0 0 0 rg BT 545.81 333.50 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 321.50 Td (write-down ) Tj ET Q q 0 0 0 rg BT 100.98 321.50 Td (of ) Tj ET Q q 0 0 0 rg BT 112.46 321.50 Td (exploration ) Tj ET Q q 0 0 0 rg BT 164.51 321.50 Td (and ) Tj ET Q q 0 0 0 rg BT 184.33 321.50 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 233.05 321.50 Td (assets. ) Tj ET Q q 0 0 0 rg BT 267.66 321.50 Td (There ) Tj ET Q q 0 0 0 rg BT 296.92 321.50 Td (are ) Tj ET Q q 0 0 0 rg BT 314.51 321.50 Td (no ) Tj ET Q q 0 0 0 rg BT 328.77 321.50 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 371.93 321.50 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 425.65 321.50 Td (in ) Tj ET Q q 0 0 0 rg BT 436.56 321.50 Td (the ) Tj ET Q q 0 0 0 rg BT 453.60 321.50 Td (results ) Tj ET Q q 0 0 0 rg BT 486.19 321.50 Td (for ) Tj ET Q q 0 0 0 rg BT 500.99 321.50 Td (the ) Tj ET Q q 0 0 0 rg BT 518.03 321.50 Td (presented ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 309.50 Td (periods.) Tj ET Q /GS0 gs q 98.00 0 0 33.00 53.00 734.42 cm /I7 Do Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 761.97 Td (Bluestone Resources Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 303.20 21.25 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 98.38 698.50 Td (and ) Tj ET Q q 0 0 0 rg BT 120.99 698.50 Td (Capital ) Tj ET Q q 0 0 0 rg BT 160.72 698.50 Td (Resources) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (Cash ) Tj ET Q q 0 0 0 rg BT 76.00 674.50 Td (decreased ) Tj ET Q q 0 0 0 rg BT 125.85 674.50 Td (by ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 139.56 674.50 Td ($5,420,808) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 189.61 674.50 Td ( ) Tj ET Q q 0 0 0 rg BT 192.77 674.50 Td (during ) Tj ET Q q 0 0 0 rg BT 223.72 674.50 Td (the ) Tj ET Q q 0 0 0 rg BT 240.77 674.50 Td (period ) Tj ET Q q 0 0 0 rg BT 271.72 674.50 Td (from ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 294.87 674.50 Td ($30,221,102) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.48 674.50 Td ( ) Tj ET Q q 0 0 0 rg BT 353.64 674.50 Td (as ) Tj ET Q q 0 0 0 rg BT 367.35 674.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 378.84 674.50 Td (December31, ) Tj ET Q q 0 0 0 rg BT 444.80 674.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 467.05 674.50 Td ( ) Tj ET Q q 0 0 0 rg BT 470.20 674.50 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 481.70 674.50 Td ($24,800,294) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 537.31 674.50 Td ( ) Tj ET Q q 0 0 0 rg BT 540.46 674.50 Td (as ) Tj ET Q q 0 0 0 rg BT 554.17 674.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 662.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 96.74 662.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 118.98 662.50 Td (. ) Tj ET Q q 0 0 0 rg BT 124.53 662.50 Td (Cash ) Tj ET Q q 0 0 0 rg BT 150.65 662.50 Td (utilized ) Tj ET Q q 0 0 0 rg BT 184.55 662.50 Td (in ) Tj ET Q q 0 0 0 rg BT 195.11 662.50 Td (operating ) Tj ET Q q 0 0 0 rg BT 239.58 662.50 Td (activities ) Tj ET Q q 0 0 0 rg BT 280.70 662.50 Td (during ) Tj ET Q q 0 0 0 rg BT 311.27 662.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 327.94 662.50 Td (three ) Tj ET Q q 0 0 0 rg BT 353.51 662.50 Td (months ) Tj ET Q q 0 0 0 rg BT 389.07 662.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 419.66 662.50 Td (March ) Tj ET Q q 0 0 0 rg BT 450.21 662.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 466.89 662.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 489.13 662.50 Td ( ) Tj ET Q q 0 0 0 rg BT 491.90 662.50 Td (was ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 512.46 662.50 Td ($5,537,074) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 650.50 Td (\() Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.83 650.50 Td (three ) Tj ET Q q 0 0 0 rg BT 77.94 650.50 Td (months ) Tj ET Q q 0 0 0 rg BT 113.05 650.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 143.17 650.50 Td (February ) Tj ET Q q 0 0 0 rg BT 185.50 650.50 Td (28, ) Tj ET Q q 0 0 0 rg BT 201.72 650.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 223.97 650.50 Td ( ) Tj ET Q q 0 0 0 rg BT 226.28 650.50 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 231.93 650.50 Td ($34,538) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 268.07 650.50 Td (\). ) Tj ET Q q 0 0 0 rg BT 276.50 650.50 Td (Cash ) Tj ET Q q 0 0 0 rg BT 302.16 650.50 Td (utilized ) Tj ET Q q 0 0 0 rg BT 335.60 650.50 Td (in ) Tj ET Q q 0 0 0 rg BT 345.70 650.50 Td (investing ) Tj ET Q q 0 0 0 rg BT 387.49 650.50 Td (activities ) Tj ET Q q 0 0 0 rg BT 428.15 650.50 Td (during ) Tj ET Q q 0 0 0 rg BT 458.26 650.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 474.48 650.50 Td (three ) Tj ET Q q 0 0 0 rg BT 499.59 650.50 Td (months ) Tj ET Q q 0 0 0 rg BT 534.70 650.50 Td (ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 638.50 Td (March ) Tj ET Q q 0 0 0 rg BT 80.65 638.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 97.91 638.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 120.16 638.50 Td ( ) Tj ET Q q 0 0 0 rg BT 123.52 638.50 Td (was ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 144.67 638.50 Td ($148,002) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 186.37 638.50 Td ( ) Tj ET Q q 0 0 0 rg BT 189.74 638.50 Td (\() Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 193.07 638.50 Td (three ) Tj ET Q q 0 0 0 rg BT 219.22 638.50 Td (months ) Tj ET Q q 0 0 0 rg BT 255.38 638.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 286.55 638.50 Td (February ) Tj ET Q q 0 0 0 rg BT 329.93 638.50 Td (28, ) Tj ET Q q 0 0 0 rg BT 347.19 638.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 369.44 638.50 Td ( ) Tj ET Q q 0 0 0 rg BT 372.80 638.50 Td (- ) Tj ET Q q 0 0 0 rg BT 379.49 638.50 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 385.05 638.50 Td (nil) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 395.06 638.50 Td (\), ) Tj ET Q q 0 0 0 rg BT 404.53 638.50 Td (mainly ) Tj ET Q q 0 0 0 rg BT 436.79 638.50 Td (for ) Tj ET Q q 0 0 0 rg BT 451.82 638.50 Td (purchases ) Tj ET Q q 0 0 0 rg BT 501.32 638.50 Td (of ) Tj ET Q q 0 0 0 rg BT 513.02 638.50 Td (equipment. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 626.50 Td (During ) Tj ET Q q 0 0 0 rg BT 81.27 626.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 97.49 626.50 Td (three ) Tj ET Q q 0 0 0 rg BT 122.60 626.50 Td (months ) Tj ET Q q 0 0 0 rg BT 157.71 626.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 187.84 626.50 Td (March ) Tj ET Q q 0 0 0 rg BT 217.94 626.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 234.16 626.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 256.40 626.50 Td (, ) Tj ET Q q 0 0 0 rg BT 261.50 626.50 Td (the ) Tj ET Q q 0 0 0 rg BT 277.72 626.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 322.83 626.50 Td (generated ) Tj ET Q q 0 0 0 rg BT 370.19 626.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 393.63 626.50 Td (from ) Tj ET Q q 0 0 0 rg BT 415.94 626.50 Td (financing ) Tj ET Q q 0 0 0 rg BT 458.29 626.50 Td (activities ) Tj ET Q q 0 0 0 rg BT 498.95 626.50 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 509.61 626.50 Td ($6,945) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 540.19 626.50 Td ( ) Tj ET Q q 0 0 0 rg BT 542.51 626.50 Td (from ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 614.50 Td (a ) Tj ET Q q 0 0 0 rg BT 56.48 614.50 Td (warrant ) Tj ET Q q 0 0 0 rg BT 91.25 614.50 Td (exercise, ) Tj ET Q q 0 0 0 rg BT 132.68 614.50 Td (compared ) Tj ET Q q 0 0 0 rg BT 178.57 614.50 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 188.33 614.50 Td ($1,120,186) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 238.38 614.50 Td ( ) Tj ET Q q 0 0 0 rg BT 239.80 614.50 Td (during ) Tj ET Q q 0 0 0 rg BT 269.02 614.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 284.34 614.50 Td (three ) Tj ET Q q 0 0 0 rg BT 308.55 614.50 Td (months ) Tj ET Q q 0 0 0 rg BT 342.77 614.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 371.99 614.50 Td (February ) Tj ET Q q 0 0 0 rg BT 413.43 614.50 Td (28, ) Tj ET Q q 0 0 0 rg BT 428.75 614.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 451.00 614.50 Td ( ) Tj ET Q q 0 0 0 rg BT 452.42 614.50 Td (mostly ) Tj ET Q q 0 0 0 rg BT 482.73 614.50 Td (from ) Tj ET Q q 0 0 0 rg BT 504.15 614.50 Td (subscriptions ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 602.50 Td (in ) Tj ET Q q 0 0 0 rg BT 60.06 602.50 Td (a ) Tj ET Q q 0 0 0 rg BT 68.40 602.50 Td (working ) Tj ET Q q 0 0 0 rg BT 105.64 602.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 137.32 602.50 Td (bridge ) Tj ET Q q 0 0 0 rg BT 167.90 602.50 Td (financing.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 578.50 Td (As ) Tj ET Q q 0 0 0 rg BT 65.05 578.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.28 578.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 125.62 578.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 147.87 578.50 Td (, ) Tj ET Q q 0 0 0 rg BT 154.53 578.50 Td (share ) Tj ET Q q 0 0 0 rg BT 183.43 578.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 216.21 578.50 Td (was ) Tj ET Q q 0 0 0 rg BT 237.88 578.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 250.10 578.50 Td ($81,252,458) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 305.71 578.50 Td ( ) Tj ET Q q 0 0 0 rg BT 309.60 578.50 Td (and ) Tj ET Q q 0 0 0 rg BT 330.16 578.50 Td (is ) Tj ET Q q 0 0 0 rg BT 341.27 578.50 Td (comprised ) Tj ET Q q 0 0 0 rg BT 391.28 578.50 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 403.50 578.50 Td (63,840,560) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 453.55 578.50 Td ( ) Tj ET Q q 0 0 0 rg BT 457.43 578.50 Td (issued ) Tj ET Q q 0 0 0 rg BT 490.22 578.50 Td (and ) Tj ET Q q 0 0 0 rg BT 510.79 578.50 Td (outstanding ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 566.50 Td (common ) Tj ET Q q 0 0 0 rg BT 91.10 566.50 Td (shares ) Tj ET Q q 0 0 0 rg BT 124.38 566.50 Td (\() Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 127.71 566.50 Td (December31, ) Tj ET Q q 0 0 0 rg BT 193.78 566.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 216.02 566.50 Td ( ) Tj ET Q q 0 0 0 rg BT 219.28 566.50 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 225.87 566.50 Td ($81,193,312) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 281.48 566.50 Td ( ) Tj ET Q q 0 0 0 rg BT 284.74 566.50 Td (comprised ) Tj ET Q q 0 0 0 rg BT 334.13 566.50 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.73 566.50 Td (63,815,560) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 395.78 566.50 Td ( ) Tj ET Q q 0 0 0 rg BT 399.04 566.50 Td (shares ) Tj ET Q q 0 0 0 rg BT 432.31 566.50 Td (outstanding\). ) Tj ET Q q 0 0 0 rg BT 493.18 566.50 Td (The ) Tj ET Q q 0 0 0 rg BT 513.67 566.50 Td (increase ) Tj ET Q q 0 0 0 rg BT 554.73 566.50 Td (in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 554.50 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 102.66 554.50 Td (common ) Tj ET Q q 0 0 0 rg BT 142.45 554.50 Td (shares ) Tj ET Q q 0 0 0 rg BT 173.91 554.50 Td (during ) Tj ET Q q 0 0 0 rg BT 203.16 554.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 218.50 554.50 Td (three ) Tj ET Q q 0 0 0 rg BT 242.74 554.50 Td (months ) Tj ET Q q 0 0 0 rg BT 276.98 554.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 306.24 554.50 Td (March ) Tj ET Q q 0 0 0 rg BT 335.47 554.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 350.82 554.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 373.06 554.50 Td ( ) Tj ET Q q 0 0 0 rg BT 374.51 554.50 Td (is ) Tj ET Q q 0 0 0 rg BT 383.18 554.50 Td (the ) Tj ET Q q 0 0 0 rg BT 398.53 554.50 Td (result ) Tj ET Q q 0 0 0 rg BT 424.43 554.50 Td (of ) Tj ET Q q 0 0 0 rg BT 434.22 554.50 Td (a ) Tj ET Q q 0 0 0 rg BT 441.23 554.50 Td (warrant ) Tj ET Q q 0 0 0 rg BT 476.02 554.50 Td (exercise. ) Tj ET Q q 0 0 0 rg BT 517.48 554.50 Td (Reserves, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 542.50 Td (which ) Tj ET Q q 0 0 0 rg BT 79.51 542.50 Td (increased ) Tj ET Q q 0 0 0 rg BT 127.31 542.50 Td (from ) Tj ET Q q 0 0 0 rg BT 151.75 542.50 Td (the ) Tj ET Q q 0 0 0 rg BT 170.09 542.50 Td (recognition ) Tj ET Q q 0 0 0 rg BT 223.46 542.50 Td (of ) Tj ET Q q 0 0 0 rg BT 236.24 542.50 Td (the ) Tj ET Q q 0 0 0 rg BT 254.58 542.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 272.92 542.50 Td (value ) Tj ET Q q 0 0 0 rg BT 301.26 542.50 Td (of ) Tj ET Q q 0 0 0 rg BT 314.05 542.50 Td (stock ) Tj ET Q q 0 0 0 rg BT 341.83 542.50 Td (options, ) Tj ET Q q 0 0 0 rg BT 381.29 542.50 Td (were ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 407.41 542.50 Td ($9,569,855) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 457.46 542.50 Td ( ) Tj ET Q q 0 0 0 rg BT 461.90 542.50 Td (\() Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 465.23 542.50 Td (December31, ) Tj ET Q q 0 0 0 rg BT 532.48 542.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 554.73 542.50 Td ( ) Tj ET Q q 0 0 0 rg BT 559.17 542.50 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 530.50 Td ($9,154,063) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.55 530.50 Td (\). ) Tj ET Q q 0 0 0 rg BT 108.51 530.50 Td (As ) Tj ET Q q 0 0 0 rg BT 123.74 530.50 Td (a ) Tj ET Q q 0 0 0 rg BT 132.86 530.50 Td (result ) Tj ET Q q 0 0 0 rg BT 160.87 530.50 Td (of ) Tj ET Q q 0 0 0 rg BT 172.77 530.50 Td (the ) Tj ET Q q 0 0 0 rg BT 190.23 530.50 Td (net ) Tj ET Q q 0 0 0 rg BT 207.69 530.50 Td (loss ) Tj ET Q q 0 0 0 rg BT 229.04 530.50 Td (for ) Tj ET Q q 0 0 0 rg BT 244.27 530.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 261.73 530.50 Td (three ) Tj ET Q q 0 0 0 rg BT 288.08 530.50 Td (months ) Tj ET Q q 0 0 0 rg BT 324.43 530.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 355.80 530.50 Td (March ) Tj ET Q q 0 0 0 rg BT 387.14 530.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 404.60 530.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.85 530.50 Td (, ) Tj ET Q q 0 0 0 rg BT 433.19 530.50 Td (the ) Tj ET Q q 0 0 0 rg BT 450.65 530.50 Td (deficit ) Tj ET Q q 0 0 0 rg BT 480.33 530.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 492.23 530.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 540.25 530.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 518.50 Td (increased ) Tj ET Q q 0 0 0 rg BT 96.10 518.50 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 107.68 518.50 Td ($43,721,182) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 163.29 518.50 Td ( ) Tj ET Q q 0 0 0 rg BT 166.53 518.50 Td (from ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 189.77 518.50 Td ($37,955,735) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 245.38 518.50 Td ( ) Tj ET Q q 0 0 0 rg BT 248.62 518.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 260.20 518.50 Td (December31, ) Tj ET Q q 0 0 0 rg BT 326.25 518.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 348.50 518.50 Td (. ) Tj ET Q q 0 0 0 rg BT 353.87 518.50 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 404.82 518.50 Td (, ) Tj ET Q q 0 0 0 rg BT 410.84 518.50 Td (shareholders) Tj ET Q q 0 0 0 rg BT 470.50 518.50 Td ( ) Tj ET Q q 0 0 0 rg BT 473.74 518.50 Td (equity ) Tj ET Q q 0 0 0 rg BT 503.67 518.50 Td (on ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 518.03 518.50 Td (March31, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 506.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 71.75 506.50 Td ( ) Tj ET Q q 0 0 0 rg BT 74.52 506.50 Td (was ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 95.09 506.50 Td ($51,912,272) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 150.70 506.50 Td ( ) Tj ET Q q 0 0 0 rg BT 153.47 506.50 Td (compared ) Tj ET Q q 0 0 0 rg BT 200.72 506.50 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 211.84 506.50 Td ($57,924,732) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 267.45 506.50 Td ( ) Tj ET Q q 0 0 0 rg BT 270.23 506.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 281.35 506.50 Td (December31, ) Tj ET Q q 0 0 0 rg BT 346.93 506.50 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 369.18 506.50 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 482.50 Td (At ) Tj ET Q q 0 0 0 rg BT 63.68 482.50 Td (present, ) Tj ET Q q 0 0 0 rg BT 104.54 482.50 Td (the ) Tj ET Q q 0 0 0 rg BT 123.17 482.50 Td (Company) Tj ET Q q 0 0 0 rg BT 168.01 482.50 Td (s ) Tj ET Q q 0 0 0 rg BT 177.74 482.50 Td (operations ) Tj ET Q q 0 0 0 rg BT 229.17 482.50 Td (do ) Tj ET Q q 0 0 0 rg BT 245.02 482.50 Td (not ) Tj ET Q q 0 0 0 rg BT 263.65 482.50 Td (generate ) Tj ET Q q 0 0 0 rg BT 307.86 482.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 333.72 482.50 Td (inflows ) Tj ET Q q 0 0 0 rg BT 369.01 482.50 Td (and ) Tj ET Q q 0 0 0 rg BT 390.43 482.50 Td (its ) Tj ET Q q 0 0 0 rg BT 405.16 482.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 446.58 482.50 Td (success ) Tj ET Q q 0 0 0 rg BT 487.43 482.50 Td (is ) Tj ET Q q 0 0 0 rg BT 499.38 482.50 Td (dependent ) Tj ET Q q 0 0 0 rg BT 551.38 482.50 Td (on ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 470.50 Td (management) Tj ET Q q 0 0 0 rg BT 109.91 470.50 Td (s ) Tj ET Q q 0 0 0 rg BT 118.63 470.50 Td (ability ) Tj ET Q q 0 0 0 rg BT 147.91 470.50 Td (to ) Tj ET Q q 0 0 0 rg BT 159.97 470.50 Td (advance ) Tj ET Q q 0 0 0 rg BT 201.49 470.50 Td (Cerro ) Tj ET Q q 0 0 0 rg BT 230.22 470.50 Td (Blanco ) Tj ET Q q 0 0 0 rg BT 264.51 470.50 Td (and ) Tj ET Q q 0 0 0 rg BT 284.91 470.50 Td (Mita ) Tj ET Q q 0 0 0 rg BT 307.52 470.50 Td (Geothermal. ) Tj ET Q q 0 0 0 rg BT 366.02 470.50 Td (This ) Tj ET Q q 0 0 0 rg BT 388.63 470.50 Td (can ) Tj ET Q q 0 0 0 rg BT 408.47 470.50 Td (take ) Tj ET Q q 0 0 0 rg BT 431.09 470.50 Td (many ) Tj ET Q q 0 0 0 rg BT 459.26 470.50 Td (years ) Tj ET Q q 0 0 0 rg BT 487.43 470.50 Td (and ) Tj ET Q q 0 0 0 rg BT 507.83 470.50 Td (is ) Tj ET Q q 0 0 0 rg BT 518.77 470.50 Td (subject ) Tj ET Q q 0 0 0 rg BT 554.17 470.50 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 458.50 Td (factors ) Tj ET Q q 0 0 0 rg BT 82.29 458.50 Td (that ) Tj ET Q q 0 0 0 rg BT 101.75 458.50 Td (are ) Tj ET Q q 0 0 0 rg BT 118.98 458.50 Td (beyond ) Tj ET Q q 0 0 0 rg BT 154.56 458.50 Td (the ) Tj ET Q q 0 0 0 rg BT 171.24 458.50 Td (Company) Tj ET Q q 0 0 0 rg BT 216.08 458.50 Td (s ) Tj ET Q q 0 0 0 rg BT 223.86 458.50 Td (control. ) Tj ET Q q 0 0 0 rg BT 259.43 458.50 Td (See ) Tj ET Q q 0 0 0 rg BT 280.00 458.50 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 283.33 458.50 Td (Risks ) Tj ET Q q 0 0 0 rg BT 310.55 458.50 Td (and ) Tj ET Q q 0 0 0 rg BT 330.02 458.50 Td (Uncertainties) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 388.38 458.50 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 434.50 Td (In ) Tj ET Q q 0 0 0 rg BT 60.46 434.50 Td (order ) Tj ET Q q 0 0 0 rg BT 86.43 434.50 Td (to ) Tj ET Q q 0 0 0 rg BT 97.39 434.50 Td (finance ) Tj ET Q q 0 0 0 rg BT 132.26 434.50 Td (the ) Tj ET Q q 0 0 0 rg BT 148.78 434.50 Td (Company) Tj ET Q q 0 0 0 rg BT 193.62 434.50 Td (s ) Tj ET Q q 0 0 0 rg BT 201.24 434.50 Td (operations, ) Tj ET Q q 0 0 0 rg BT 253.34 434.50 Td (the ) Tj ET Q q 0 0 0 rg BT 269.87 434.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 315.29 434.50 Td (has ) Tj ET Q q 0 0 0 rg BT 334.03 434.50 Td (raised ) Tj ET Q q 0 0 0 rg BT 363.89 434.50 Td (money ) Tj ET Q q 0 0 0 rg BT 396.53 434.50 Td (through ) Tj ET Q q 0 0 0 rg BT 433.06 434.50 Td (the ) Tj ET Q q 0 0 0 rg BT 449.59 434.50 Td (sale ) Tj ET Q q 0 0 0 rg BT 470.55 434.50 Td (of ) Tj ET Q q 0 0 0 rg BT 481.52 434.50 Td (equity ) Tj ET Q q 0 0 0 rg BT 510.82 434.50 Td (instruments ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 422.50 Td (and ) Tj ET Q q 0 0 0 rg BT 68.87 422.50 Td (from ) Tj ET Q q 0 0 0 rg BT 91.55 422.50 Td (the ) Tj ET Q q 0 0 0 rg BT 108.14 422.50 Td (exercise ) Tj ET Q q 0 0 0 rg BT 148.06 422.50 Td (of ) Tj ET Q q 0 0 0 rg BT 159.08 422.50 Td (convertible ) Tj ET Q q 0 0 0 rg BT 210.12 422.50 Td (securities. ) Tj ET Q q 0 0 0 rg BT 257.82 422.50 Td (Many ) Tj ET Q q 0 0 0 rg BT 284.96 422.50 Td (factors ) Tj ET Q q 0 0 0 rg BT 317.65 422.50 Td (influence ) Tj ET Q q 0 0 0 rg BT 360.36 422.50 Td (the ) Tj ET Q q 0 0 0 rg BT 376.95 422.50 Td (Company) Tj ET Q q 0 0 0 rg BT 421.79 422.50 Td (s ) Tj ET Q q 0 0 0 rg BT 429.47 422.50 Td (ability ) Tj ET Q q 0 0 0 rg BT 457.72 422.50 Td (to ) Tj ET Q q 0 0 0 rg BT 468.75 422.50 Td (raise ) Tj ET Q q 0 0 0 rg BT 493.10 422.50 Td (funds, ) Tj ET Q q 0 0 0 rg BT 523.03 422.50 Td (including ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 410.50 Td (the ) Tj ET Q q 0 0 0 rg BT 65.93 410.50 Td (health ) Tj ET Q q 0 0 0 rg BT 95.70 410.50 Td (of ) Tj ET Q q 0 0 0 rg BT 106.56 410.50 Td (the ) Tj ET Q q 0 0 0 rg BT 122.99 410.50 Td (resource ) Tj ET Q q 0 0 0 rg BT 164.42 410.50 Td (market, ) Tj ET Q q 0 0 0 rg BT 200.29 410.50 Td (the ) Tj ET Q q 0 0 0 rg BT 216.72 410.50 Td (climate ) Tj ET Q q 0 0 0 rg BT 250.92 410.50 Td (for ) Tj ET Q q 0 0 0 rg BT 265.11 410.50 Td (mineral ) Tj ET Q q 0 0 0 rg BT 300.43 410.50 Td (exploration ) Tj ET Q q 0 0 0 rg BT 351.87 410.50 Td (investment, ) Tj ET Q q 0 0 0 rg BT 405.53 410.50 Td (the ) Tj ET Q q 0 0 0 rg BT 421.96 410.50 Td (Company) Tj ET Q q 0 0 0 rg BT 466.80 410.50 Td (s ) Tj ET Q q 0 0 0 rg BT 474.33 410.50 Td (track ) Tj ET Q q 0 0 0 rg BT 498.52 410.50 Td (record ) Tj ET Q q 0 0 0 rg BT 529.39 410.50 Td (and ) Tj ET Q q 0 0 0 rg BT 548.60 410.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 398.50 Td (experience ) Tj ET Q q 0 0 0 rg BT 100.63 398.50 Td (and ) Tj ET Q q 0 0 0 rg BT 119.53 398.50 Td (caliber ) Tj ET Q q 0 0 0 rg BT 151.20 398.50 Td (of ) Tj ET Q q 0 0 0 rg BT 161.75 398.50 Td (its ) Tj ET Q q 0 0 0 rg BT 173.97 398.50 Td (management. ) Tj ET Q q 0 0 0 rg BT 236.89 398.50 Td (Actual ) Tj ET Q q 0 0 0 rg BT 266.89 398.50 Td (funding ) Tj ET Q q 0 0 0 rg BT 301.91 398.50 Td (requirements ) Tj ET Q q 0 0 0 rg BT 362.48 398.50 Td (may ) Tj ET Q q 0 0 0 rg BT 383.59 398.50 Td (vary ) Tj ET Q q 0 0 0 rg BT 404.69 398.50 Td (from ) Tj ET Q q 0 0 0 rg BT 426.90 398.50 Td (those ) Tj ET Q q 0 0 0 rg BT 453.58 398.50 Td (planned ) Tj ET Q q 0 0 0 rg BT 491.38 398.50 Td (due ) Tj ET Q q 0 0 0 rg BT 510.28 398.50 Td (to ) Tj ET Q q 0 0 0 rg BT 520.83 398.50 Td (a ) Tj ET Q q 0 0 0 rg BT 528.61 398.50 Td (number ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 386.50 Td (of ) Tj ET Q q 0 0 0 rg BT 60.80 386.50 Td (factors, ) Tj ET Q q 0 0 0 rg BT 96.55 386.50 Td (including ) Tj ET Q q 0 0 0 rg BT 138.99 386.50 Td (the ) Tj ET Q q 0 0 0 rg BT 155.85 386.50 Td (progress ) Tj ET Q q 0 0 0 rg BT 197.72 386.50 Td (and ) Tj ET Q q 0 0 0 rg BT 217.37 386.50 Td (results ) Tj ET Q q 0 0 0 rg BT 249.79 386.50 Td (of ) Tj ET Q q 0 0 0 rg BT 261.09 386.50 Td (drilling ) Tj ET Q q 0 0 0 rg BT 292.95 386.50 Td (activities ) Tj ET Q q 0 0 0 rg BT 334.26 386.50 Td (and ) Tj ET Q q 0 0 0 rg BT 353.91 386.50 Td (of ) Tj ET Q q 0 0 0 rg BT 365.21 386.50 Td (the ) Tj ET Q q 0 0 0 rg BT 382.08 386.50 Td (Feasibility ) Tj ET Q q 0 0 0 rg BT 429.50 386.50 Td (Study) Tj ET Q q 0 0 0 rg BT 454.33 386.50 Td (. ) Tj ET Q q 0 0 0 rg BT 459.87 386.50 Td (The ) Tj ET Q q 0 0 0 rg BT 480.07 386.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 525.83 386.50 Td (believes ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 374.50 Td (it ) Tj ET Q q 0 0 0 rg BT 56.90 374.50 Td (will ) Tj ET Q q 0 0 0 rg BT 73.18 374.50 Td (be ) Tj ET Q q 0 0 0 rg BT 86.70 374.50 Td (able ) Tj ET Q q 0 0 0 rg BT 108.00 374.50 Td (to ) Tj ET Q q 0 0 0 rg BT 118.74 374.50 Td (raise ) Tj ET Q q 0 0 0 rg BT 142.81 374.50 Td (equity ) Tj ET Q q 0 0 0 rg BT 171.89 374.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 203.20 374.50 Td (and/or ) Tj ET Q q 0 0 0 rg BT 233.95 374.50 Td (debt ) Tj ET Q q 0 0 0 rg BT 255.81 374.50 Td (as ) Tj ET Q q 0 0 0 rg BT 268.77 374.50 Td (required ) Tj ET Q q 0 0 0 rg BT 307.85 374.50 Td (in ) Tj ET Q q 0 0 0 rg BT 318.03 374.50 Td (the ) Tj ET Q q 0 0 0 rg BT 334.33 374.50 Td (long ) Tj ET Q q 0 0 0 rg BT 355.64 374.50 Td (term, ) Tj ET Q q 0 0 0 rg BT 380.81 374.50 Td (but ) Tj ET Q q 0 0 0 rg BT 397.11 374.50 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 447.87 374.50 Td (there ) Tj ET Q q 0 0 0 rg BT 473.06 374.50 Td (will ) Tj ET Q q 0 0 0 rg BT 489.34 374.50 Td (be ) Tj ET Q q 0 0 0 rg BT 502.86 374.50 Td (risks ) Tj ET Q q 0 0 0 rg BT 525.81 374.50 Td (involved ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 362.50 Td (that ) Tj ET Q q 0 0 0 rg BT 68.96 362.50 Td (may ) Tj ET Q q 0 0 0 rg BT 90.63 362.50 Td (be ) Tj ET Q q 0 0 0 rg BT 104.53 362.50 Td (beyond ) Tj ET Q q 0 0 0 rg BT 140.12 362.50 Td (their ) Tj ET Q q 0 0 0 rg BT 162.35 362.50 Td (control.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 338.50 Td (As ) Tj ET Q q 0 0 0 rg BT 63.98 338.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 75.12 338.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 122.39 338.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 144.64 338.50 Td (, ) Tj ET Q q 0 0 0 rg BT 150.22 338.50 Td (the ) Tj ET Q q 0 0 0 rg BT 166.93 338.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 212.53 338.50 Td (has ) Tj ET Q q 0 0 0 rg BT 231.46 338.50 Td (working ) Tj ET Q q 0 0 0 rg BT 268.72 338.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 300.43 338.50 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 311.58 338.50 Td ($23,204,105) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 367.19 338.50 Td (. ) Tj ET Q q 0 0 0 rg BT 372.59 338.50 Td (The ) Tj ET Q q 0 0 0 rg BT 392.63 338.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 445.14 338.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 469.07 338.50 Td (balance ) Tj ET Q q 0 0 0 rg BT 506.91 338.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 518.05 338.50 Td (March31, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 326.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 71.75 326.50 Td ( ) Tj ET Q q 0 0 0 rg BT 74.52 326.50 Td (is ) Tj ET Q q 0 0 0 rg BT 84.52 326.50 Td (expected ) Tj ET Q q 0 0 0 rg BT 127.89 326.50 Td (to ) Tj ET Q q 0 0 0 rg BT 139.01 326.50 Td (be ) Tj ET Q q 0 0 0 rg BT 152.91 326.50 Td (suf) Tj ET Q q 0 0 0 rg BT 166.07 326.50 Td (ficient ) Tj ET Q q 0 0 0 rg BT 194.97 326.50 Td (to ) Tj ET Q q 0 0 0 rg BT 206.09 326.50 Td (fund ) Tj ET Q q 0 0 0 rg BT 228.33 326.50 Td (planned ) Tj ET Q q 0 0 0 rg BT 266.70 326.50 Td (activities ) Tj ET Q q 0 0 0 rg BT 307.82 326.50 Td (over ) Tj ET Q q 0 0 0 rg BT 330.05 326.50 Td (the ) Tj ET Q q 0 0 0 rg BT 346.73 326.50 Td (next ) Tj ET Q q 0 0 0 rg BT 368.41 326.50 Td (twelve ) Tj ET Q q 0 0 0 rg BT 399.53 326.50 Td (months ) Tj ET Q q 0 0 0 rg BT 435.11 326.50 Td (from ) Tj ET Q q 0 0 0 rg BT 457.88 326.50 Td (the ) Tj ET Q q 0 0 0 rg BT 474.56 326.50 Td (date ) Tj ET Q q 0 0 0 rg BT 496.80 326.50 Td (of ) Tj ET Q q 0 0 0 rg BT 507.92 326.50 Td (this ) Tj ET Q q 0 0 0 rg BT 526.26 326.50 Td (MD&A.) 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Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 300.40 21.25 Td (10) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (Outstanding ) Tj ET Q q 0 0 0 rg BT 117.33 698.50 Td (Share ) Tj ET Q q 0 0 0 rg BT 150.95 698.50 Td (Data) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (Bluestone) Tj ET Q q 0 0 0 rg BT 96.02 674.50 Td (s ) Tj ET Q q 0 0 0 rg BT 102.83 674.50 Td (authorized ) Tj ET Q q 0 0 0 rg BT 151.35 674.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 182.07 674.50 Td (consists ) Tj ET Q q 0 0 0 rg BT 220.00 674.50 Td (of ) Tj ET Q q 0 0 0 rg BT 230.16 674.50 Td (an ) Tj ET Q q 0 0 0 rg BT 243.09 674.50 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 284.93 674.50 Td (number ) Tj ET Q q 0 0 0 rg BT 320.65 674.50 Td (of ) Tj ET Q q 0 0 0 rg BT 330.80 674.50 Td (common ) Tj ET Q q 0 0 0 rg BT 370.96 674.50 Td (shares ) Tj ET Q q 0 0 0 rg BT 402.79 674.50 Td (and ) Tj ET Q q 0 0 0 rg BT 421.29 674.50 Td (an ) Tj ET Q q 0 0 0 rg BT 434.22 674.50 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 476.06 674.50 Td (number ) Tj ET Q q 0 0 0 rg BT 511.78 674.50 Td (of ) Tj ET Q q 0 0 0 rg BT 521.93 674.50 Td (preferred ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 662.50 Td (shares ) Tj ET Q q 0 0 0 rg BT 82.30 662.50 Td (without ) Tj ET Q q 0 0 0 rg BT 116.77 662.50 Td (par ) Tj ET Q q 0 0 0 rg BT 134.01 662.50 Td (value. ) Tj ET Q q 0 0 0 rg BT 163.48 662.50 Td (No ) Tj ET Q q 0 0 0 rg BT 179.05 662.50 Td (preferred ) Tj ET Q q 0 0 0 rg BT 222.41 662.50 Td (shares ) Tj ET Q q 0 0 0 rg BT 255.21 662.50 Td (have ) Tj ET Q q 0 0 0 rg BT 279.68 662.50 Td (been ) Tj ET Q q 0 0 0 rg BT 304.71 662.50 Td (issued ) Tj ET Q q 0 0 0 rg BT 336.40 662.50 Td (to ) Tj ET Q q 0 0 0 rg BT 347.52 662.50 Td (date. ) Tj ET Q q 0 0 0 rg BT 372.37 662.50 Td (The ) Tj ET Q q 0 0 0 rg BT 392.39 662.50 Td (following ) Tj ET Q q 0 0 0 rg BT 434.08 662.50 Td (common ) Tj ET Q q 0 0 0 rg BT 475.21 662.50 Td (shares, ) Tj ET Q q 0 0 0 rg BT 510.79 662.50 Td (options ) Tj ET Q q 0 0 0 rg BT 545.82 662.50 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 650.50 Td (share ) Tj ET Q q 0 0 0 rg BT 77.29 650.50 Td (purchase ) Tj ET Q q 0 0 0 rg BT 121.21 650.50 Td (warrants ) Tj ET Q q 0 0 0 rg BT 162.33 650.50 Td (are ) Tj ET Q q 0 0 0 rg BT 179.56 650.50 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 234.05 650.50 Td (as ) Tj ET Q q 0 0 0 rg BT 247.39 650.50 Td (at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 258.51 650.50 Td (May29, ) Tj ET Q q 0 0 0 rg BT 296.86 650.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 319.10 650.50 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 600 m 255.5 600 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 600 m 363.5 600 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 600 m 453.5 600 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 600 m 561.5 600 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 600 m 363.5 600 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 555 m 255.5 555 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 555 m 363.5 555 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 555 m 453.5 555 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 555 m 561.5 555 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 540 m 255.5 540 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 540 m 363.5 540 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 540 m 453.5 540 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 540 m 561.5 540 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.00 618.22 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.85 618.22 Td (Number of Shares) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.60 618.22 Td (Exercise Price) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 618.22 Td (Remaining life) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.20 604.22 Td (C$) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 604.22 Td (\(years\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.00 589.62 Td (Issued and Outstanding Common Shares) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 309.60 589.67 Td (63,840,560) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.00 574.62 Td (Stock options) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 315.15 574.62 Td (5,930,000) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 430.15 574.62 Td (1.50) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 510.15 574.62 Td (2.06 - 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Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 439.70 Td (T) Tj ET Q q 0 0 0 rg BT 55.61 439.70 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 120.41 439.70 Td (with ) Tj ET Q q 0 0 0 rg BT 145.47 439.70 Td (Related ) Tj ET Q q 0 0 0 rg BT 188.26 439.70 Td (Parties) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 415.70 Td (Key ) Tj ET Q q 0 0 0 rg BT 70.62 415.70 Td (management ) Tj ET Q q 0 0 0 rg BT 135.09 415.70 Td (compensation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 391.70 Td (Key ) Tj ET Q q 0 0 0 rg BT 70.79 391.70 Td (management ) Tj ET Q q 0 0 0 rg BT 133.21 391.70 Td (personnel ) Tj ET Q q 0 0 0 rg BT 181.18 391.70 Td (include ) Tj ET Q q 0 0 0 rg BT 216.93 391.70 Td (those ) Tj ET Q q 0 0 0 rg BT 245.44 391.70 Td (persons ) Tj ET Q q 0 0 0 rg BT 285.07 391.70 Td (having ) Tj ET Q q 0 0 0 rg BT 318.59 391.70 Td (authority ) Tj ET Q q 0 0 0 rg BT 361.00 391.70 Td (and ) Tj ET Q q 0 0 0 rg BT 381.74 391.70 Td (responsibility ) Tj ET Q q 0 0 0 rg BT 443.60 391.70 Td (for ) Tj ET Q q 0 0 0 rg BT 459.32 391.70 Td (planning, ) Tj ET Q q 0 0 0 rg BT 503.96 391.70 Td (directing ) Tj ET Q q 0 0 0 rg BT 545.82 391.70 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 379.70 Td (controlling ) Tj ET Q q 0 0 0 rg BT 98.29 379.70 Td (the ) Tj ET Q q 0 0 0 rg BT 115.40 379.70 Td (activities ) Tj ET Q q 0 0 0 rg BT 156.95 379.70 Td (of ) Tj ET Q q 0 0 0 rg BT 168.50 379.70 Td (the ) Tj ET Q q 0 0 0 rg BT 185.61 379.70 Td (Company) Tj ET Q q 0 0 0 rg BT 227.67 379.70 Td (. ) Tj ET Q q 0 0 0 rg BT 233.44 379.70 Td (The ) Tj ET Q q 0 0 0 rg BT 253.88 379.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 299.89 379.70 Td (has ) Tj ET Q q 0 0 0 rg BT 319.22 379.70 Td (determined ) Tj ET Q q 0 0 0 rg BT 372.46 379.70 Td (that ) Tj ET Q q 0 0 0 rg BT 392.35 379.70 Td (key ) Tj ET Q q 0 0 0 rg BT 411.12 379.70 Td (management ) Tj ET Q q 0 0 0 rg BT 472.70 379.70 Td (personnel ) Tj ET Q q 0 0 0 rg BT 519.83 379.70 Td (consist ) Tj ET Q q 0 0 0 rg BT 554.16 379.70 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 367.70 Td (executive ) Tj ET Q q 0 0 0 rg BT 94.12 367.70 Td (and ) Tj ET Q q 0 0 0 rg BT 113.18 367.70 Td (non-executive ) Tj ET Q q 0 0 0 rg BT 177.82 367.70 Td (members ) Tj ET Q q 0 0 0 rg BT 221.87 367.70 Td (of ) Tj ET Q q 0 0 0 rg BT 232.59 367.70 Td (the ) Tj ET Q q 0 0 0 rg BT 248.87 367.70 Td (Company) Tj ET Q q 0 0 0 rg BT 293.71 367.70 Td (s ) Tj ET Q q 0 0 0 rg BT 301.08 367.70 Td (Board ) Tj ET Q q 0 0 0 rg BT 330.15 367.70 Td (of ) Tj ET Q q 0 0 0 rg BT 340.86 367.70 Td (Directors ) Tj ET Q q 0 0 0 rg BT 383.25 367.70 Td (and ) Tj ET Q q 0 0 0 rg BT 402.31 367.70 Td (corporate ) Tj ET Q q 0 0 0 rg BT 446.93 367.70 Td (of) Tj ET Q q 0 0 0 rg BT 455.09 367.70 Td (ficers. ) Tj ET Q q 0 0 0 rg BT 483.98 367.70 Td (The ) Tj ET Q q 0 0 0 rg BT 503.59 367.70 Td (remuneration ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 355.70 Td (of ) Tj ET Q q 0 0 0 rg BT 60.02 355.70 Td (key ) Tj ET Q q 0 0 0 rg BT 77.77 355.70 Td (management ) Tj ET Q q 0 0 0 rg BT 138.32 355.70 Td (personnel ) Tj ET Q q 0 0 0 rg BT 184.42 355.70 Td (for ) Tj ET Q q 0 0 0 rg BT 198.27 355.70 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 214.36 355.70 Td (three ) Tj ET Q q 0 0 0 rg BT 239.33 355.70 Td (months ) Tj ET Q q 0 0 0 rg BT 274.31 355.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 304.30 355.70 Td (March ) Tj ET Q q 0 0 0 rg BT 334.27 355.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 350.35 355.70 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 372.60 355.70 Td ( ) Tj ET Q q 0 0 0 rg BT 374.78 355.70 Td (was ) Tj ET Q q 0 0 0 rg BT 394.74 355.70 Td ($397,070 ) Tj ET Q q 0 0 0 rg BT 438.64 355.70 Td (and ) Tj ET Q q 0 0 0 rg BT 457.50 355.70 Td ($407,494 ) Tj ET Q q 0 0 0 rg BT 501.39 355.70 Td (\() Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 504.72 355.70 Td (three ) Tj ET Q q 0 0 0 rg BT 529.70 355.70 Td (months ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 343.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 82.16 343.70 Td (February ) Tj ET Q q 0 0 0 rg BT 127.03 343.70 Td (28, ) Tj ET Q q 0 0 0 rg BT 145.79 343.70 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 168.03 343.70 Td ( ) Tj ET Q q 0 0 0 rg BT 172.89 343.70 Td (- ) Tj ET Q q 0 0 0 rg BT 181.07 343.70 Td ($133,748 ) Tj ET Q q 0 0 0 rg BT 227.64 343.70 Td (and ) Tj ET Q q 0 0 0 rg BT 249.18 343.70 Td ($nil\), ) Tj ET Q q 0 0 0 rg BT 275.71 343.70 Td (which ) Tj ET Q q 0 0 0 rg BT 306.13 343.70 Td (are ) Tj ET Q q 0 0 0 rg BT 325.44 343.70 Td (included ) Tj ET Q q 0 0 0 rg BT 367.54 343.70 Td (in ) Tj ET Q q 0 0 0 rg BT 380.18 343.70 Td (wages ) Tj ET Q q 0 0 0 rg BT 413.94 343.70 Td (and ) Tj ET Q q 0 0 0 rg BT 435.48 343.70 Td (consulting ) Tj ET Q q 0 0 0 rg BT 485.37 343.70 Td (and ) Tj ET Q q 0 0 0 rg BT 506.91 343.70 Td (share-based ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 331.70 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 117.32 331.70 Td (respectively) Tj ET Q q 0 0 0 rg BT 169.37 331.70 Td (, ) Tj ET Q q 0 0 0 rg BT 174.93 331.70 Td (on ) Tj ET Q q 0 0 0 rg BT 188.83 331.70 Td (the ) Tj ET Q q 0 0 0 rg BT 205.51 331.70 Td (condensed ) Tj ET Q q 0 0 0 rg BT 257.22 331.70 Td (interim ) Tj ET Q q 0 0 0 rg BT 290.00 331.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 348.93 331.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 400.62 331.70 Td (of ) Tj ET Q q 0 0 0 rg BT 411.74 331.70 Td (loss ) Tj ET Q q 0 0 0 rg BT 432.30 331.70 Td (and ) Tj ET Q q 0 0 0 rg BT 451.77 331.70 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 522.36 331.70 Td (loss.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 293.30 Td (Financial ) Tj ET Q q 0 0 0 rg BT 100.24 293.30 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 166.25 293.30 Td (and ) Tj ET Q q 0 0 0 rg BT 188.86 293.30 Td (Financial ) Tj ET Q q 0 0 0 rg BT 239.59 293.30 Td (Risk ) Tj ET Q q 0 0 0 rg BT 265.89 293.30 Td (Management) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 269.30 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 269.30 Td ( ) Tj ET Q q 0 0 0 rg BT 58.14 269.30 Td (description ) Tj ET Q q 0 0 0 rg BT 109.02 269.30 Td (of ) Tj ET Q q 0 0 0 rg BT 119.89 269.30 Td (the ) Tj ET Q q 0 0 0 rg BT 136.31 269.30 Td (Company's ) Tj ET Q q 0 0 0 rg BT 188.54 269.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 227.76 269.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 281.96 269.30 Td (and ) Tj ET Q q 0 0 0 rg BT 301.17 269.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 340.38 269.30 Td (risk ) Tj ET Q q 0 0 0 rg BT 358.46 269.30 Td (management ) Tj ET Q q 0 0 0 rg BT 419.35 269.30 Td (can ) Tj ET Q q 0 0 0 rg BT 438.00 269.30 Td (be ) Tj ET Q q 0 0 0 rg BT 451.65 269.30 Td (found ) Tj ET Q q 0 0 0 rg BT 479.19 269.30 Td (in ) Tj ET Q q 0 0 0 rg BT 489.50 269.30 Td (notes ) Tj ET Q q 0 0 0 rg BT 516.49 269.30 Td (1) Tj ET Q q 0 0 0 rg BT 521.31 269.30 Td (1 ) Tj ET Q q 0 0 0 rg BT 529.39 269.30 Td (and ) Tj ET Q q 0 0 0 rg BT 548.60 269.30 Td (12, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 257.30 Td (respectively) Tj ET Q q 0 0 0 rg BT 101.56 257.30 Td (, ) Tj ET Q q 0 0 0 rg BT 106.39 257.30 Td (of ) Tj ET Q q 0 0 0 rg BT 116.79 257.30 Td (the ) Tj ET Q q 0 0 0 rg BT 132.75 257.30 Td (Company's ) Tj ET Q q 0 0 0 rg BT 184.51 257.30 Td (condensed ) Tj ET Q q 0 0 0 rg BT 235.50 257.30 Td (interim ) Tj ET Q q 0 0 0 rg BT 267.56 257.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 325.77 257.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 364.51 257.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 415.48 257.30 Td (for ) Tj ET Q q 0 0 0 rg BT 429.21 257.30 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 445.17 257.30 Td (three ) Tj ET Q q 0 0 0 rg BT 470.01 257.30 Td (months ) Tj ET Q q 0 0 0 rg BT 504.86 257.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 534.73 257.30 Td (March ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 242.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 66.18 242.90 Td (2018) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 88.43 242.90 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 204.50 Td (Significant ) Tj ET Q q 0 0 0 rg BT 108.37 204.50 Td (Accounting Policies, Estimates and Judgments) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 180.50 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 180.50 Td ( ) Tj ET Q q 0 0 0 rg BT 58.74 180.50 Td (description ) Tj ET Q q 0 0 0 rg BT 110.21 180.50 Td (of ) Tj ET Q q 0 0 0 rg BT 121.67 180.50 Td (the ) Tj ET Q q 0 0 0 rg BT 138.69 180.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 191.52 180.50 Td (significant ) Tj ET Q q 0 0 0 rg BT 239.11 180.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 290.59 180.50 Td (policies, ) Tj ET Q q 0 0 0 rg BT 329.84 180.50 Td (estimates ) Tj ET Q q 0 0 0 rg BT 375.75 180.50 Td (and ) Tj ET Q q 0 0 0 rg BT 395.55 180.50 Td (judgments, ) Tj ET Q q 0 0 0 rg BT 447.59 180.50 Td (can ) Tj ET Q q 0 0 0 rg BT 466.83 180.50 Td (be ) Tj ET Q q 0 0 0 rg BT 481.07 180.50 Td (found ) Tj ET Q q 0 0 0 rg BT 509.22 180.50 Td (in ) Tj ET Q q 0 0 0 rg BT 520.12 180.50 Td (note ) Tj ET Q q 0 0 0 rg BT 542.70 180.50 Td (2, ) Tj ET Q q 0 0 0 rg BT 554.16 180.50 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 168.50 Td (the ) Tj ET Q q 0 0 0 rg BT 67.21 168.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 120.72 168.50 Td (audited ) Tj ET Q q 0 0 0 rg BT 157.33 168.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 217.29 168.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 257.78 168.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 310.50 168.50 Td (for ) Tj ET Q q 0 0 0 rg BT 325.98 168.50 Td (the ) Tj ET Q q 0 0 0 rg BT 343.68 168.50 Td (thirteen ) Tj ET Q q 0 0 0 rg BT 380.84 168.50 Td (months ) Tj ET Q q 0 0 0 rg BT 417.44 168.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 449.05 168.50 Td (December ) Tj ET Q q 0 0 0 rg BT 498.99 168.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 516.69 168.50 Td (2017. ) Tj ET Q q 0 0 0 rg BT 545.27 168.50 Td (The ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 156.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 95.25 156.50 Td (adopted ) Tj ET Q q 0 0 0 rg BT 134.35 156.50 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 160.08 156.50 Td (9, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 171.37 156.50 Td (Financial ) Tj ET Q q 0 0 0 rg BT 214.34 156.50 Td (instruments) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 266.03 156.50 Td ( ) Tj ET Q q 0 0 0 rg BT 268.98 156.50 Td (on ) Tj ET Q q 0 0 0 rg BT 283.06 156.50 Td (January ) Tj ET Q q 0 0 0 rg BT 321.58 156.50 Td (1, ) Tj ET Q q 0 0 0 rg BT 332.88 156.50 Td (2018. ) Tj ET Q q 0 0 0 rg BT 360.27 156.50 Td (A) Tj ET Q q 0 0 0 rg BT 366.38 156.50 Td ( ) Tj ET Q q 0 0 0 rg BT 369.34 156.50 Td (description ) Tj ET Q q 0 0 0 rg BT 420.65 156.50 Td (of ) Tj ET Q q 0 0 0 rg BT 431.94 156.50 Td (this ) Tj ET Q q 0 0 0 rg BT 450.45 156.50 Td (can ) Tj ET Q q 0 0 0 rg BT 469.53 156.50 Td (be ) Tj ET Q q 0 0 0 rg BT 483.60 156.50 Td (found ) Tj ET Q q 0 0 0 rg BT 511.58 156.50 Td (in ) Tj ET Q q 0 0 0 rg BT 522.32 156.50 Td (note ) Tj ET Q q 0 0 0 rg BT 544.73 156.50 Td (3\(a\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 144.50 Td (of ) Tj ET Q q 0 0 0 rg BT 60.62 144.50 Td (the ) Tj ET Q q 0 0 0 rg BT 77.30 144.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 129.78 144.50 Td (condensed ) Tj ET Q q 0 0 0 rg BT 181.49 144.50 Td (interim ) Tj ET Q q 0 0 0 rg BT 214.28 144.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 273.21 144.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 312.67 144.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 364.36 144.50 Td (for ) Tj ET Q q 0 0 0 rg BT 378.81 144.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 395.49 144.50 Td (three ) Tj ET Q q 0 0 0 rg BT 421.06 144.50 Td (months ) Tj ET Q q 0 0 0 rg BT 456.63 144.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 487.22 144.50 Td (March ) Tj ET Q q 0 0 0 rg BT 517.78 144.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 534.46 144.50 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 556.71 144.50 Td (.) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 761.97 Td (Bluestone Resources Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.65 747.97 Td (Management's Discussion & ) Tj ET Q q 0 0 0 rg BT 520.01 747.97 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 361.30 733.97 Td (For the three months ended March 31, 2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 300.80 21.25 Td (1) Tj ET Q q 0 0 0 rg BT 305.62 21.25 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (New Standards and Interpretations Not ) Tj ET Q q 0 0 0 rg BT 255.88 698.50 Td (Y) Tj ET Q q 0 0 0 rg BT 262.61 698.50 Td (et ) Tj ET Q q 0 0 0 rg BT 275.04 698.50 Td (Adopted) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 674.50 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 674.50 Td ( ) Tj ET Q q 0 0 0 rg BT 58.47 674.50 Td (description ) Tj ET Q q 0 0 0 rg BT 109.67 674.50 Td (of ) Tj ET Q q 0 0 0 rg BT 120.86 674.50 Td (the ) Tj ET Q q 0 0 0 rg BT 137.61 674.50 Td (IASB's ) Tj ET Q q 0 0 0 rg BT 170.15 674.50 Td (new ) Tj ET Q q 0 0 0 rg BT 191.35 674.50 Td (standards ) Tj ET Q q 0 0 0 rg BT 238.11 674.50 Td (and ) Tj ET Q q 0 0 0 rg BT 257.64 674.50 Td (interpretations ) Tj ET Q q 0 0 0 rg BT 323.86 674.50 Td (not ) Tj ET Q q 0 0 0 rg BT 340.61 674.50 Td (yet ) Tj ET Q q 0 0 0 rg BT 356.80 674.50 Td (adopted ) Tj ET Q q 0 0 0 rg BT 395.79 674.50 Td (by ) Tj ET Q q 0 0 0 rg BT 409.20 674.50 Td (the ) Tj ET Q q 0 0 0 rg BT 425.95 674.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 471.59 674.50 Td (can ) Tj ET Q q 0 0 0 rg BT 490.57 674.50 Td (be ) Tj ET Q q 0 0 0 rg BT 504.54 674.50 Td (found ) Tj ET Q q 0 0 0 rg BT 532.41 674.50 Td (in ) Tj ET Q q 0 0 0 rg BT 543.04 674.50 Td (note ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 662.50 Td (2\(d\), ) Tj ET Q q 0 0 0 rg BT 73.34 662.50 Td (of ) Tj ET Q q 0 0 0 rg BT 84.96 662.50 Td (the ) Tj ET Q q 0 0 0 rg BT 102.13 662.50 Td (Company's ) Tj ET Q q 0 0 0 rg BT 155.12 662.50 Td (condensed ) Tj ET Q q 0 0 0 rg BT 207.33 662.50 Td (interim ) Tj ET Q q 0 0 0 rg BT 240.61 662.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 300.04 662.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 340.01 662.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 392.19 662.50 Td (for ) Tj ET Q q 0 0 0 rg BT 407.14 662.50 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 424.32 662.50 Td (three ) Tj ET Q q 0 0 0 rg BT 450.39 662.50 Td (months ) Tj ET Q q 0 0 0 rg BT 486.46 662.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 517.55 662.50 Td (March ) Tj ET Q q 0 0 0 rg BT 548.61 662.50 Td (31, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 648.10 Td (2018) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 71.75 648.10 Td (.) Tj ET Q /GS0 gs q 98.00 0 0 33.00 53.00 734.42 cm /I11 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 607.30 Td (Disclosure of Internal Controls) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 583.30 Td (Management ) Tj ET Q q 0 0 0 rg BT 109.86 583.30 Td (has ) Tj ET Q q 0 0 0 rg BT 127.98 583.30 Td (established ) Tj ET Q q 0 0 0 rg BT 180.56 583.30 Td (processes ) Tj ET Q q 0 0 0 rg BT 228.13 583.30 Td (to ) Tj ET Q q 0 0 0 rg BT 238.46 583.30 Td (provide ) Tj ET Q q 0 0 0 rg BT 273.25 583.30 Td (them ) Tj ET Q q 0 0 0 rg BT 297.48 583.30 Td (with ) Tj ET Q q 0 0 0 rg BT 317.25 583.30 Td (suf) Tj ET Q q 0 0 0 rg BT 330.41 583.30 Td (ficient ) Tj ET Q q 0 0 0 rg BT 358.53 583.30 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 408.33 583.30 Td (to ) Tj ET Q q 0 0 0 rg BT 418.67 583.30 Td (support ) Tj ET Q q 0 0 0 rg BT 454.01 583.30 Td (representations ) Tj ET Q q 0 0 0 rg BT 524.94 583.30 Td (that ) Tj ET Q q 0 0 0 rg BT 543.61 583.30 Td (they ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 571.30 Td (have ) Tj ET Q q 0 0 0 rg BT 74.63 571.30 Td (exercised ) Tj ET Q q 0 0 0 rg BT 120.88 571.30 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 173.81 571.30 Td (diligence ) Tj ET Q q 0 0 0 rg BT 216.73 571.30 Td (that: ) Tj ET Q q 0 0 0 rg BT 239.64 571.30 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 251.97 571.30 Td (the ) Tj ET Q q 0 0 0 rg BT 269.32 571.30 Td (condensed ) Tj ET Q q 0 0 0 rg BT 321.70 571.30 Td (interim ) Tj ET Q q 0 0 0 rg BT 355.15 571.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 414.75 571.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 454.89 571.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 507.25 571.30 Td (for ) Tj ET Q q 0 0 0 rg BT 522.36 571.30 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 539.71 571.30 Td (three ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 559.30 Td (months ) Tj ET Q q 0 0 0 rg BT 85.68 559.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 116.88 559.30 Td (March ) Tj ET Q q 0 0 0 rg BT 148.05 559.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 165.33 559.30 Td (2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 187.58 559.30 Td ( ) Tj ET Q q 0 0 0 rg BT 190.97 559.30 Td (do ) Tj ET Q q 0 0 0 rg BT 205.48 559.30 Td (not ) Tj ET Q q 0 0 0 rg BT 222.77 559.30 Td (contain ) Tj ET Q q 0 0 0 rg BT 258.40 559.30 Td (any ) Tj ET Q q 0 0 0 rg BT 277.91 559.30 Td (untrue ) Tj ET Q q 0 0 0 rg BT 309.65 559.30 Td (statement ) Tj ET Q q 0 0 0 rg BT 356.95 559.30 Td (of ) Tj ET Q q 0 0 0 rg BT 368.68 559.30 Td (material ) Tj ET Q q 0 0 0 rg BT 407.63 559.30 Td (fact ) Tj ET Q q 0 0 0 rg BT 427.14 559.30 Td (or ) Tj ET Q q 0 0 0 rg BT 439.41 559.30 Td (omit ) Tj ET Q q 0 0 0 rg BT 461.69 559.30 Td (to ) Tj ET Q q 0 0 0 rg BT 473.42 559.30 Td (state ) Tj ET Q q 0 0 0 rg BT 498.49 559.30 Td (a ) Tj ET Q q 0 0 0 rg BT 507.44 559.30 Td (material ) Tj ET Q q 0 0 0 rg BT 546.39 559.30 Td (fact ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 547.30 Td (required ) Tj ET Q q 0 0 0 rg BT 88.38 547.30 Td (to ) Tj ET Q q 0 0 0 rg BT 98.91 547.30 Td (be ) Tj ET Q q 0 0 0 rg BT 112.23 547.30 Td (stated ) Tj ET Q q 0 0 0 rg BT 141.66 547.30 Td (or ) Tj ET Q q 0 0 0 rg BT 152.75 547.30 Td (that ) Tj ET Q q 0 0 0 rg BT 171.62 547.30 Td (is ) Tj ET Q q 0 0 0 rg BT 181.03 547.30 Td (necessary ) Tj ET Q q 0 0 0 rg BT 228.80 547.30 Td (to ) Tj ET Q q 0 0 0 rg BT 239.33 547.30 Td (make ) Tj ET Q q 0 0 0 rg BT 265.98 547.30 Td (a ) Tj ET Q q 0 0 0 rg BT 273.73 547.30 Td (statement ) Tj ET Q q 0 0 0 rg BT 319.84 547.30 Td (not ) Tj ET Q q 0 0 0 rg BT 335.93 547.30 Td (misleading ) Tj ET Q q 0 0 0 rg BT 385.93 547.30 Td (in ) Tj ET Q q 0 0 0 rg BT 395.90 547.30 Td (light ) Tj ET Q q 0 0 0 rg BT 416.44 547.30 Td (of ) Tj ET Q q 0 0 0 rg BT 426.97 547.30 Td (the ) Tj ET Q q 0 0 0 rg BT 443.06 547.30 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 509.16 547.30 Td (under ) Tj ET Q q 0 0 0 rg BT 536.93 547.30 Td (which ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 535.30 Td (it ) Tj ET Q q 0 0 0 rg BT 56.60 535.30 Td (is ) Tj ET Q q 0 0 0 rg BT 65.91 535.30 Td (made, ) Tj ET Q q 0 0 0 rg BT 95.80 535.30 Td (and ) Tj ET Q q 0 0 0 rg BT 114.58 535.30 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 127.78 535.30 Td (the ) Tj ET Q q 0 0 0 rg BT 143.78 535.30 Td (condensed ) Tj ET Q q 0 0 0 rg BT 194.81 535.30 Td (interim ) Tj ET Q q 0 0 0 rg BT 226.91 535.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 285.16 535.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 323.94 535.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 374.95 535.30 Td (for ) Tj ET Q q 0 0 0 rg BT 388.72 535.30 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 404.71 535.30 Td (three ) Tj ET Q q 0 0 0 rg BT 429.60 535.30 Td (months ) Tj ET Q q 0 0 0 rg BT 464.49 535.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 494.40 535.30 Td (March ) Tj ET Q q 0 0 0 rg BT 524.28 535.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 540.27 535.30 Td (2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 523.30 Td (fairly ) Tj ET Q q 0 0 0 rg BT 73.39 523.30 Td (present ) Tj ET Q q 0 0 0 rg BT 109.52 523.30 Td (in ) Tj ET Q q 0 0 0 rg BT 120.09 523.30 Td (all ) Tj ET Q q 0 0 0 rg BT 132.87 523.30 Td (material ) Tj ET Q q 0 0 0 rg BT 171.21 523.30 Td (respects ) Tj ET Q q 0 0 0 rg BT 211.79 523.30 Td (the ) Tj ET Q q 0 0 0 rg BT 228.46 523.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 267.93 523.30 Td (condition, ) Tj ET Q q 0 0 0 rg BT 313.52 523.30 Td (results ) Tj ET Q q 0 0 0 rg BT 345.75 523.30 Td (of ) Tj ET Q q 0 0 0 rg BT 356.87 523.30 Td (operations ) Tj ET Q q 0 0 0 rg BT 406.35 523.30 Td (and ) Tj ET Q q 0 0 0 rg BT 425.81 523.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 449.71 523.30 Td (flow ) Tj ET Q q 0 0 0 rg BT 470.27 523.30 Td (of ) Tj ET Q q 0 0 0 rg BT 481.39 523.30 Td (the ) Tj ET Q q 0 0 0 rg BT 498.07 523.30 Td (Company) Tj ET Q q 0 0 0 rg BT 540.13 523.30 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 499.30 Td (In ) Tj ET Q q 0 0 0 rg BT 62.06 499.30 Td (contrast ) Tj ET Q q 0 0 0 rg BT 101.85 499.30 Td (to ) Tj ET Q q 0 0 0 rg BT 114.41 499.30 Td (the ) Tj ET Q q 0 0 0 rg BT 132.54 499.30 Td (certificate ) Tj ET Q q 0 0 0 rg BT 179.55 499.30 Td (required ) Tj ET Q q 0 0 0 rg BT 220.46 499.30 Td (for ) Tj ET Q q 0 0 0 rg BT 236.35 499.30 Td (non-venture ) Tj ET Q q 0 0 0 rg BT 293.94 499.30 Td (issuers ) Tj ET Q q 0 0 0 rg BT 329.83 499.30 Td (under ) Tj ET Q q 0 0 0 rg BT 359.63 499.30 Td (National ) Tj ET Q q 0 0 0 rg BT 400.54 499.30 Td (Instrument ) Tj ET Q q 0 0 0 rg BT 452.00 499.30 Td (52-109 ) Tj ET Q q 0 0 0 rg BT 487.36 499.30 Td ( ) Tj ET Q q 0 0 0 rg BT 497.14 499.30 Td (Certification ) Tj ET Q q 0 0 0 rg BT 554.16 499.30 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 487.30 Td (Disclosure ) Tj ET Q q 0 0 0 rg BT 99.19 487.30 Td (in ) Tj ET Q q 0 0 0 rg BT 109.99 487.30 Td (Issuers) Tj ET Q q 0 0 0 rg BT 144.07 487.30 Td ( ) Tj ET Q q 0 0 0 rg BT 146.48 487.30 Td (Annual ) Tj ET Q q 0 0 0 rg BT 180.63 487.30 Td (and ) Tj ET Q q 0 0 0 rg BT 200.33 487.30 Td (Interim ) Tj ET Q q 0 0 0 rg BT 233.90 487.30 Td (Filings ) Tj ET Q q 0 0 0 rg BT 265.81 487.30 Td (\(NI ) Tj ET Q q 0 0 0 rg BT 285.48 487.30 Td (52-109\), ) Tj ET Q q 0 0 0 rg BT 329.07 487.30 Td (the ) Tj ET Q q 0 0 0 rg BT 345.98 487.30 Td (V) Tj ET Q q 0 0 0 rg BT 352.10 487.30 Td (enture ) Tj ET Q q 0 0 0 rg BT 383.47 487.30 Td (Issuer ) Tj ET Q q 0 0 0 rg BT 413.71 487.30 Td (Basic ) Tj ET Q q 0 0 0 rg BT 441.17 487.30 Td (Certificate ) Tj ET Q q 0 0 0 rg BT 489.20 487.30 Td (does ) Tj ET Q q 0 0 0 rg BT 513.90 487.30 Td (not ) Tj ET Q q 0 0 0 rg BT 530.81 487.30 Td (include ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 475.30 Td (representations ) Tj ET Q q 0 0 0 rg BT 121.55 475.30 Td (relating ) Tj ET Q q 0 0 0 rg BT 157.46 475.30 Td (to ) Tj ET Q q 0 0 0 rg BT 168.92 475.30 Td (the ) Tj ET Q q 0 0 0 rg BT 185.93 475.30 Td (establishment ) Tj ET Q q 0 0 0 rg BT 250.75 475.30 Td (and ) Tj ET Q q 0 0 0 rg BT 270.55 475.30 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 330.93 475.30 Td (of ) Tj ET Q q 0 0 0 rg BT 342.38 475.30 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 390.52 475.30 Td (controls ) Tj ET Q q 0 0 0 rg BT 428.65 475.30 Td (and ) Tj ET Q q 0 0 0 rg BT 448.45 475.30 Td (procedures ) Tj ET Q q 0 0 0 rg BT 501.60 475.30 Td (\(DC&P\) ) Tj ET Q q 0 0 0 rg BT 545.82 475.30 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 463.30 Td (internal ) Tj ET Q q 0 0 0 rg BT 85.12 463.30 Td (control ) Tj ET Q q 0 0 0 rg BT 117.95 463.30 Td (over ) Tj ET Q q 0 0 0 rg BT 140.23 463.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 179.74 463.30 Td (reporting ) Tj ET Q q 0 0 0 rg BT 222.02 463.30 Td (\(ICFR\), ) Tj ET Q q 0 0 0 rg BT 264.27 463.30 Td (as ) Tj ET Q q 0 0 0 rg BT 277.66 463.30 Td (defined ) Tj ET Q q 0 0 0 rg BT 313.28 463.30 Td (in ) Tj ET Q q 0 0 0 rg BT 323.89 463.30 Td (NI ) Tj ET Q q 0 0 0 rg BT 336.71 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