Promoting Grass Roots Exploration

Board of Directors

Richard A. Munson B.A., J.D., L.L.M.

Chief Executive Officer, Director, Corporate Secretary

Mr. Munson has been involved with the Toroparu Project since 1999 through ETK, Inc., a Guyana corporation formed when he and John Adams obtained the rights to the land concession now known as Toroparu. Mr. Munson became the CEO and a Director of Sandspring in 2009, when it acquired the Toroparu Gold Project. Active in the natural resources sector for over 35 years, Mr. Munson began his career as a taxation lawyer. In 1985, he joined the Energy Fuels Corporation group of companies, where he is now a Director and Executive Vice President.

P. Greg Barnes B.Sc., MSc.

Executive Vice-President, Director

A director since 2010, Mr. Barnes was a technical adviser on the Toroparu Gold Project for several years prior to joining Sandspring's management team in January 2011. Previously the Chief Executive Officer, President and a Director of the privately-held Hunter Energy LLC and Hunter Resource Capital Inc., Mr. Barnes has been involved in a number of privately held companies, and specializes in the trading, production, and investment in commodities in developing countries.

Bassam Moubarak

Executive Vice President and CFO

Mr. Moubarak is a seasoned senior executive with over 10 years of experience in the mining industry. Most recently, Mr. Moubarak was chief financial officer of Lithium X Energy Corp., where he played a key role in its sale to NextView New Energy Lion Hong Kong Ltd. for $265-million. Prior to this, Mr. Moubarak was chief financial officer of Goldrock Mines Corp., where he played a key role in its sale to Fortuna Silver Mines Inc. for $180-million. He was chief financial officer of Petaquilla Minerals Ltd., where he was instrumental in raising in excess of $120-million to develop and bring into production the Molejon gold mine. He also played a key role in the sale of Petaquilla Copper Ltd. to Inmet Mining Corp. for $400-million and negotiated the sale of Golden Arrow Resources Corp.'s 1-per-cent net smelter return royalty on the Gualcamayo gold mine to Premier Royalty Inc. for $17.75-million. Mr. Moubarak is a chartered professional accountant and was previously a senior manager with the international accounting firm Deloitte LLP, where he led audits of public companies and oversaw SOX 404 implementations, with specific emphasis on the mining industry.

Suresh Beharry

Independent Director

Mr. Beharry is the Vice Chairman of the Edward B. Beharry & Company Ltd. (the "Beharry Group"), a business conglomerate active in a number of industries throughout Guyana and the Caribbean. The Beharry Group's interests in the Guyanese insurance and finance sectors include an engagement with the Guyana Americas Merchant Bank, which started as a joint venture with the International Finance Corporation, a member of the World Bank Group. The Beharry Group operates a major food manufacturing and distribution business in Guyana, and is the exclusive distributor of Toyota in Guyana through Beharry Automotive Ltd.

David Constable BSc, MBA, ICD.D

Independent Director, Audit Committee Chair

Chairman of U308 Corp., Mr. Constable has worked in the resources sector for more than 40 years. He is a professional geologist whose experience extends to mineral exploration, development, and strategic investor relations, both in Canada and internationally. Mr. Constable was the Vice President of Investor Relations for FNX Mining Company Inc. for 8 years until he retired in 2010 following the company's merger with Quadra Mining Ltd.

Gordon Keep

Independent Director

Gordon Keep has extensive business experience in investment banking and creating public natural resource companies. Mr. Keep currently is CEO of Fiore Management & Advisory Corp., a private financial advisory firm. He also serves as an officer and/or director for several natural resource companies. From January 2001 to July 2007, Mr. Keep was Managing Director of Corporate Finance at Endeavour Financial Corporation, September 1997 until March 2004, he was Senior Vice President and a director of Lions Gate Entertainment Corp., and from April 1987 until October 1997, he was Vice President, Corporate Finance in the Natural Resource group of Yorkton Securities Inc. He obtained his B.Sc. in Geological Science from Queen's University in 1979 and his Masters of Business Administration from the University of British Columbia in 1983 and is a Professional Geologist in the province of British Columbia.

David Laing

Independent Director

David Laing is a mining engineer and mining executive, with 40 years' experience in mining operations, projects, engineering studies, construction, mining finance, investor relations, mergers and acquisitions, corporate development and company building. He has held senior positions in mining investment banking and technical consulting, most recently as Chief Operating Officer of Equinox Gold, and True Gold.

Harry Pokrandt

Independent Director

Mr. Harry Pokrandt retired in 2018 as the CEO of Hive Blockchain Technologies Ltd., and as the interim CEO and a director of BQ Metals Corp. He retired in 2015 from Macquarie Capital Markets Canada Ltd. Formerly, Mr. Pokrandt was Managing Director for a major international investment banking firm, leading its Metals & Mining Group at its Vancouver office. He was previously involved with resource-focused investment bank boutique, Orion Securities Inc., where he worked in Institutional Sales for over 20 years. He has worked on numerous financing and advisory assignments in the metals and mining sector. Mr Pokrandt sits as on the boards of Kore Mining, Alderley Gold (private) and Blockhead Technologies. Additionally, Mr. Pokrandt was a member of the President's Council for the International Crisis Group from 2010 to 2013 and has been actively involved in the Local Advisory Committee for the TSX Venture Exchange since 2013.

Lombardo Parades

Independent Director

Lombardo Paredes-Arenas serves as Chief Executive Officer of Gran Colombia Gold and brings over 20 years of corporate leadership and operations management experience in the resource sector in Latin America. Before becoming an independent consultant on energy and environmental project development, Mr. Paredes held several roles with within Petroleos de Venezuela (PDVSA). He was responsible for regional planning of investments and social development for Eastern Venezuela and was Managing Director and a Board Member of Maraven S.A. (an affiliate of PDVSA), with responsibility for the construction and commissioning of the Cardon Refinery Conversion Project in Venezuela, a US$2.6 billion project. He was also General Manager of its Production Operations - 2 - Division, with 5,000 employees and oil production of 800,000 barrels per day. Mr. Paredes holds Bachelor of Science in Mechanical Engineering and Master of Economic Analysis and Financial Economics degrees.

Federico Restrepo-Solano

Independent Director

Federico Restrepo-Solano is a Colombian business executive with more than 27 years of experience in the mining, oil and infrastructure industries. Currently he is a Partner and Corporate Director of Qvartz Capital Partners, a strategic advisory firm, and has served as Senior Vice-President of Corporate Affairs with Frontera Energy and its predecessor, Pacific Exploration and Production, President of Promotora del Puerto Integrado-Propuerto S.A., President of the National Federation of Coal Producers (Fenalcarbón), Corporate Affairs Manager for Coalcorp Mining Inc., and Special Advisor on Environmental and Port Affairs for the City of Santa Marta. Mr. Restrepo holds a degree in Social Communications Sciences from Universidad Jorge Tadeo Lozano in Bogota, and a Diploma in Corporate Finance from Universidad del Rosario.