(1)  The historical estimate utilized a classification scheme set out in the CIM Definitions Standards for Mineral Resources and Mineral Reserves. The 2017 historical estimate of the site in Asbestos, QC was a data verification procedure based on seven samples that were chosen to represent a staggered distribution covering the entire sampling area. The bottom of the test pit (3-4.5m deep) was chosen and the complete sequence of sample is selected for the center pit (0-1.5m, 1.5-3m and 3-4.5m). The surface sample of the central pit is not found and is replaced by the surface sample of the trench 2 at the same location. The sampling pattern is considered representative of the entire 18,000m2 to a depth of 4.5m. The verification consists of major oxide analysis by X-ray fluorescence (XRF) by 3 laboratories including duplicate samples, bulk density, and granulometric distribution of minerals, a study of sample homogeneity and the spatial variance.[Item 12] No recent estimates or data have been made available to and/or collected by Mag One. A resource/reserve calculation might be useful but will not add a material value to the project as Mag One is a technology company and the validation sampling indicate there is ample feed material for the planned MgO pilot plant phase. [page 63] The data provided here is based on an NI 43-101 report issued on September 25, 2017 entitled "Magnesium Bearing Waste Dumps Recycling Project" and is available on SEDAR.   The potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and Mag One is not treating the historical estimate as current mineral resources or mineral reserves  

(2) The historical estimate utilized a classification scheme set out in the CIM Definitions Standards for Mineral Resources and Mineral Reserves. The 2007 historical estimate of the Thetford mines was  based on a total of eleven holes drilled with a sonic drill for a total of 1,955 feet (595.9 meters). Ten holes were drilled on the tailings pile of the Normandie main pile and one hole was drilled on the main tailings pile of the Bell mine. In addition of the drill holes, 30 test-pits were dug for additional sampling. The core retrieved during drilling was generally measuring 5 feet (1.52 meters). The core was cut in two equal parts on the longitudinal direction. The core was again separated in two samples of 2.5 feet (0.76 meters) length. [page 35 and 38] No recent estimates or data have been made available to and/or collected by Mag One. Additional work that is required to run additional tests on nickel and by-product recovery, at the pilot plant scale in order to materially prove and improve the process. A pre-feasibility study should be done to adequately evaluate the economical value of the process and project. [Page 84]. The data provided here is based a technical report that Mag One has acquired the rights to.  Specifically this NI 43-101 Technical Report on Resources Estimation associated with these tailings is entitled " “Technical Report: Resources Estimation of the Nickel Content in Tailings, Thetford Mines, Quebec, Canada.” This report was issued to Nichromet Extraction Ltd on April 30, 2008. The potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and Mag One is not treating the historical estimate as current mineral resources or mineral reserves.

* Management’s decision to begin permitting efforts, as well as its commitment to processing these tailings to recover magnesium, silica and nickel have not been based on results from a feasibility study of mineral reserves that would demonstrate economic and technical viability of the project. Without this study there is increased uncertainty and increased economic and technical risks. Management does intend to engage an engineering firm to carry out a pre-feasibility study once the pilot plant effort is nearing completion and will use the pilot data as a basis for the study.

Gillian Holcroft, Eng., M.Eng., President and CEO of Mag One Products Inc., is the Company's designated qualified person, and has reviewed and validated the above information.