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ACN 621 541 204

Eagle Mountain Mining Limited (“EMM” or “Eagle Mountain”) was

incorporated in 2017 with the purpose of acquiring and potentially

ASX-listing the Arizona, USA copper-gold exploration project

(“Project”) owned by a Bass family entity, the Silver Mountain Mining

Trust (“Silver Mountain” or “SMM”).

The Project was first identified by non-executive director, Charles

Bass in 2011. In 2013, Silver Mountain signed 3 separate option

agreements covering the entire 6 kilometres strike length of the

main Project. The options were exercised and this was the first

time in over 100 years that all patented claims were consolidated

under one owner.

The highly qualified Board is led by Mr Rick Crabb as Chairman.

Non-Executive Directors include Mr Charles Bass and Mr Roger

Port. The Board plans to announce the appointment of a high

powered Chief Executive Officer in the near future.

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- Arizona is an attractive, low political risk mining jurisdiction

and has been a long-time copper producer.

- Arizona hosts several world-class active and historical copper

mines.

- The Project is located along the Laramide Arc, a key geologic

feature that controls several significant copper deposits in

Arizona and gold deposits in neighbouring Nevada.

- A +6 kilometres long strike of a gossanous zone (the “Pacific

Horizon”) runs through the patented claims.

- Several historical high-grade copper mines were developed

along the Pacific Horizon from about 1890 to 1910. The

mines closed down when the railroad tracks receiving the

ore were scrapped towards the start of World War 1.

- Waste dump samples assayed as high as 11.1% Cu, 10.7 g/t

Au and 251 g/t Ag.

- Patented claims grant both surface and mineral rights to the

owner, with no royalties or other conditions attached. The

owner has a “right to take”.

- Except for very limited exploration in the 1960’s & 70’s and

mapping and sampling by Kennecott in the early 1990’s,

there has never been extensive exploration of the full area.

- SMM has flown a large airborne geophysical survey and

staked a much larger area on the basis of the results. SMM

has also conducted ground geophysical surveys over several

areas, conducted geochemical and structural surveys, and

mapped and sampled the broad area of tenements now

held.

- Some previously unexplored areas yielded samples assaying

up to 86 g/t Au.

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1. sits within a NE-SW striking zone of

Proterozoic rocks and hosts the historic high-grade copper

mines. Copper, gold and silver-bearing breccias were

believed to be the target of the historic miners. Grades from

dump samples return copper values of up to 11% Cu, and

several samples show +5g/t Au. Drilling around the old mine

shafts and adits will be an early focus for EMM.

2. area hosts NE-SW striking sulphide-bearing

quartz veins which assay up to 80 g/t Au in select samples.

These veins sit within a 1500m X 300m corridor that is

subparallel to the NW-SE regional fault. The historic Silver

Dollar mine operated here in the 1860’s, and there has been

no modern exploration until SMM. We consider this area

prospective for vein-hosted gold and porphyry copper

mineralisation.

3. area sits at the southern extension of the

Pacific Horizon. There has been no known historical mining

in this area and SMM is the first to explore it. Anomalous

copper values are widespread and gold values up to 7.6 g/t

Au have been sampled from mafic dykes. EMM believes this

area prospective for detachment style gold and copper

mineralisation.

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In preparation for the larger 2-year exploration program, it is

proposed that a portion of funds raised from seed capital will be

spent between now and March 2018 on:

- Road improvement – access to the exploration areas are via

all terrain vehicles along narrow, rocky tracks and

mountainous roads. Some areas are difficult, slow and

dangerous, requiring regular maintenance.

- Continuing exploration mapping and sampling at Scarlett and

Red Mule.

- Ground magnetometer and gravity geophysical surveys in

the Scarlett and/or Red Mule area.

- Logistics preparation of potential drill sites along the Pacific

Horizon.

- Setting up an Arizona office and hiring key local personnel.

- Site visit and detailed planning of longer term exploration.

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This Information Memorandum (IM) has been prepared by Eagle

Mountain Mining Limited (ACN 621 541 204). It is not a prospectus or

other disclosure document and does not contain all of the information

which would be found in such documents or which may be required by an

investor to make a decision regarding an investment in Eagle Mountain.

This IM has not and will not be lodged with the Australian Securities and

Investments Commission (ASIC).

This IM is specifically provided to the receiving party (Recipient) for the

purpose of reviewing the investment opportunity in Eagle Mountain. Any

information contained in this IM, or subsequently provided to the

Recipient whether orally or in writing by or on behalf of Eagle Mountain or

its officers, employees and advisers, is provided to the Recipient on the

terms and conditions set out in this IM.

This IM is provided personally and in confidence to a restricted number of

Recipients all of whom are persons within Australia who are entitled to be

offered and issued securities pursuant to section 708 of the Corporations

Act 2001 (Cth) (Corporations Act) without the need for a prospectus or

other disclosure document (Eligible Investors).

The information contained in this IM is confidential and proprietary to

Eagle Mountain, and has been prepared to assist the Recipient in

evaluating a potential investment in Eagle Mountain. This IM must not to

be copied or disseminated in any form to any other person without the

prior written consent of Eagle Mountain.

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By retaining this IM, a Recipient acknowledges and represents to Eagle

Mountain that it has read, understood and accepted the terms of this IM.

If the Recipient does not accept these terms, it must immediately return

this IM to Eagle Mountain.

This IM has been prepared solely for information purposes to assist

potential investors in deciding whether to further investigate a possible

subscription for Shares in Eagle Mountain, and may only be used for that

purpose. This IM is dated 27 November 2017 and has been prepared by

Eagle Mountain based on the information available to it at that date.

This IM is not intended to provide the sole or principal basis of any

investment or credit decision or any other risk evaluation. If you are

considering subscribing for Shares in Eagle Mountain, you should seek

appropriate advice and conduct any further investigations that you

consider necessary or desirable.

This IM contains forward-looking statements which incorporate an

element of uncertainty or risk, such as ‘intends’, ‘may’, ‘could’, ‘believes’,

‘estimates’, ‘targets’ or ‘expects’. These statements have been prepared

with all reasonable care and attention, based on an evaluation of current

economic and operating conditions, as well as assumptions regarding

future events. These events are, as at the date of this IM, expected to take

place, but there cannot be any guarantee that such events will occur as

anticipated or at all given that many of the events are outside Eagle

Mountain’s control. The stated events may differ materially from results

ultimately achieved.

Accordingly, Eagle Mountain and its officers, employees and advisers,

cannot and do not give any assurance that the results, performance or

achievements expressed or implied by the forward-looking statements

contained in this IM will actually occur. Further, other than as required by

law, Eagle Mountain may not update or revise any forward-looking

statement if events subsequently occur or information subsequently

becomes available that affects the original forward-looking statement.

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Eagle Mountain has not authorised any person to give any information or

to make any representation in connection with the Capital Raising which is

not contained in this IM. No information or representation which is not

contained in this document may be relied upon as having been

authorised in connection with the Capital Raising.

Although Eagle Mountain has used due care and diligence in the

preparation of this IM, to the extent permitted by law, no representation

or warranty is made by Eagle Mountain nor any of its officers, employees

or advisers, as to the accuracy or completeness of the information in this

IM.

No information contained in this IM or any other written or oral

communication transmitted or made available to the Recipient shall be

relied upon as a promise or representation and no representation or

warranty is made as to the accuracy or attainability of any estimates,

forecasts or projections set out in this IM. No liability will attach to Eagle

Mountain, or its officers, employees or advisers, with respect to any such

information, estimates, forecasts or projections.

You should read this IM in its entirety. If, after reading this IM, you have

any questions, you should contact Peloton Capital, Eagle Mountain’s

broker and corporate advisor, on 02 8651 7800.

To the extent permitted by law, Eagle Mountain does not accept any

liability for any loss or damage suffered or incurred by the Recipient or

any other person or entity however caused (including negligence) relating

in any way to this IM including, without limitation, the information

contained within it, any errors or omissions however caused, or its

accuracy or reliability.

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The information in this IM may not be complete, may be changed,

modified or amended at any time by Eagle Mountain, and is not intended

to, and does not, constitute representations and warranties of Eagle

Mountain.

Neither Eagle Mountain, nor its officers, employees or advisers, intends to

update this IM, or accepts any obligation to provide the Recipient with

access to additional information or to correct any inaccuracies that may

become apparent in the IM or in any other information that may be made

available concerning Eagle Mountain.

The business of Eagle Mountain has only recently been formed, is a ‘start-

up operation’ and has not had any significant operating history on which

to base an evaluation of its business and prospects. Therefore, the

information contained in this IM is inherently speculative.

This IM does not represent a recommendation to purchase the Shares

offered by Eagle Mountain. Any decision to invest in Eagle Mountain must

be based on your own circumstances, investigations, analysis and

assessment of Eagle Mountain’s operations and prospects. You should

make your own independent assessment of the merits of subscribing for

Shares, consult your own professional advisors and make such further

investigations you consider necessary. You are cautioned that any

investment in Eagle Mountain may involve a high degree of risk.

Nothing in this IM should be construed as financial product advice,

whether personal or general, for the purposes of section 766B of the

Corporations Act. This IM does not involve or imply a recommendation or

a statement of opinion in respect of whether to buy, sell or hold a

financial product.

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The subscription for, and disposal of, Shares will have tax consequences

which will differ depending upon the individual financial affairs of each

potential investor. You are urged to obtain independent financial advice

about the consequences of subscribing for Shares from a taxation

viewpoint and generally. To the maximum extent permitted by law, Eagle

Mountain, and its officers, employees and advisers, do not accept any

liability and responsibility with respect to the taxation consequences of

subscribing for and being issued Shares.

This IM does not constitute an offer of any Shares in any jurisdiction

where, or to any person to whom, it would not be lawful to issue the IM or

undertake the Capital Raising. It is the responsibility of any potential

investor who is resident outside Australia to ensure compliance with all

laws of any country relevant to receiving Shares under the Capital Raising,

and any such investor should consult their professional advisers as to

whether any government or other consents are required, or whether any

formalities need to be observed to enable them to be issued Shares.

Eagle Mountain has not taken any action to register or qualify the Shares

or the Capital Raising, or otherwise permit an offer of securities in Eagle

Mountain, in any jurisdiction outside of Australia.

All currency amounts in this IM are in Australian Dollars unless specified

otherwise.

If you qualify as an Eligible Investor and wish to subscribe for Shares in

Eagle Mountain, please contact Peloton Capital, Eagle Mountain’s broker

and corporate advisor, on 02 8651 7800.

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Eagle Mountain proposes to undertake a seed capital raising to raise

$1,500,000 (before costs) by the issue of 15,000,000 fully paid ordinary

shares (Shares) in the capital of Eagle Mountain, at an issue price of $0.10

each, to Eligible Investors (Capital Raising).

Eagle Mountain reserves the right to decide whether or not to make offers

and to issue Shares to any persons under the Capital Raising in its

absolute discretion.

Fully subscribed, seed investors will collectively own 28.6% of Eagle

Mountain with Charles Bass (via an associated entity) controlling the

balance of 71.4%.

The funds from the Capital Raising will be used to conduct exploration on

the Project including preparation for drilling activities.

Funds will also be deployed to establish exploration and administrative

infrastructure including the planned recruitment of an experienced high

powered Chief Executive Officer and to meet due diligence costs

associated with a planned Initial Public Offering of Eagle Mountain’s

shares.

Costs associated with this Capital Raising are included in the IPO costs

described below.

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Specifically, the proposed budgeted expenditure through to 31 March

2018 includes:

Item $

Exploration

Roadworks 75,000

Mapping/Sampling 70,000

Geophysics 50,000

Drill Preparation 50,000

Exploration Office 12,000

Exploration Employees 60,000

Site Visit/Planning 30,000

Capex Office Perth 300,000

Office Arizona 30,000

Corporate/Admin

Admin 62,000

Employees 115,000

Corporate 15,000

Occupancy 13,000

Website 5,000

Software 16,000

IPO Due diligence and

prospectus preparation 527,000

Total 1,430,000 Working Capital 70,000

The intended use of funds and planned activities outlined in the table

above are current at the date of this IM. These may be altered depending

upon any intervening events or changes in Eagle Mountain’s

circumstances.

The Directors of Eagle Mountain reserve the right to amend the way funds

are used or applied.

In addition to the Capital Raising described in this IM, Eagle Mountain

plans to undertake further fund raising activities in the first half of 2018

which will be necessary to execute Eagle Mountain’s strategy over the

next 2 years.

The proposed outline of planned activities is provided on the next page:

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Eagle Mountain is proposing to enter into an agreement to acquire 100%

of Silver Mountain Mining Pty Ltd which in turn holds 100% of Silver

Mountain Mining LLC (the LLC), an Arizona corporation. Silver Mountain

Mining LLC retains tenure over 100% of the Project.

Silver Mountain Mining Trust (an entity associated with Mr Charles Bass)

currently owns 100% of the fully paid ordinary shares of Eagle Mountain.

Conditional upon the successful raising of $1.5m under the Capital Raising,

Silver Mountain Mining Trust will vend 100% of its equity in Silver Mountain

Mining Pty Ltd to Eagle Mountain. Funds raised pursuant to the Capital

Raising will be held on trust until this condition precedent has been met.

The Eagle Mountain capital structure assuming that the Capital Raising is

fully subscribed would be as follows:

Vendor Fully Paid Shares 37,500,001

Seed Investors 15,000,000

Total 52,500,001

Exercise Price 30c

3-year Maturity 4,500,000

Vendor Options

Exercise Price 20c

5-year Maturity 9,000,000

Board & Management Options

On a fully subscribed basis, the investors participating in the Capital

Raising will collectively own 28.6% of Eagle Mountain’s on an undiluted

basis with Silver Mountain Mining Trust (an entity associated with Mr

Charles Bass) retaining the balance of 71.4%.

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B. Juris (Hons), LLB, MBA, FAICD

Non-Executive Chairman

Mr Crabb holds degrees of Bachelor of Jurisprudence (Honours), Bachelor

of Laws and Master of Business Administration from the University of

Western Australia. He practised as a solicitor from 1980 to 2004 with

Robinson Cox (now Clayton Utz) and Blakiston & Crabb (now Gilbert +

Tobin) specialising in mining, corporate and commercial law, advised in

relation to numerous project developments in Australia and Africa.

Mr Crabb has since focused on his public company directorships and

investments. He has been involved as a director and strategic

shareholder in a number of successful public companies including

Gasgoyne Gold Mines Ltd and Otto Energy Ltd. He is currently also

Chairman of Paladin Energy Limited (Administrators Appointed) and

director of Thundelarra Ltd.

Mr Crabb was a councillor on the Western Australian Division of the

Australian Institute of Company Directors from 2008 to 2017.

B.Sc. Geology, M.Sc. Mining Engineering/Mineral Processing, FAICD, FAusIMM, FAIG

Founder & Non-Executive Director

Charles completed his B.Sc. in Geology at Michigan Technological

University, followed by a M.Sc in Mining Engineering & Mineral Processing

at Queen’s University, Canada. Between his degrees Charles worked as

Plant Metallurgist at a copper-gold mine in northern Quebec.

Charles joined AMAX Inc, an American mining company in their Head

Office in 1976 and emigrated to Perth in 1978, however he returned to

the U.S. to work in Tuscon, Arizona at the Twin Buttes copper mine.

Charles returned to Australia and established his first company, Metech

Pty Ltd in 1981.

Charles established Eagle Mining Corporation in 1991 with Tony Poli and

was responsible for the deal that led to the discovery of the very

successful Nimary Gold Mine. Eagle Mining Corporation won both

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Explorer of the Year and then Developer of the Year at Diggers and

Dealers conference and was subject to a hostile takeover in 1997.

Charles then co-founded Aquila Resources Ltd with Tony Poli in 2000 and

helped transition it from a gold explorer to iron ore and coal before it too

was subject to a $1.4 billion takeover in 2014 at the hands of a joint bid

between Baosteel and ASX listed Aurizon.

In 2008 Charles was appointed a Non-Executive Director and then CEO of

a Canadian public unlisted company, Exploration Syndicate Inc. It was in

his position as CEO that he became aware of the Arizona project but the

company was wound up in 2013 before any action could be taken.

Today, Charles is very active in philanthropy and is the Founder and

Chairman of the Centre of Entrepreneurial Research and Innovation, a

charitable organisation working with post-graduate researchers in

fostering a start-up culture for high knowledge and high value industry in

WA.

BA FCA SF Fin FAICD

Non-Executive Director

Roger was a partner of PricewaterhouseCoopers from 1997 to 2016. He

has 30 years experience in financial analysis, company and business

valuations, transaction due diligence and mergers and acquisitions and

led the PricewaterhouseCoopers Perth Deals team from 2009 to 2016. He

jointly led the PwC Australia Deals Energy & Mining industry group for five

years.

Roger is a graduate of Macquarie University and gained a Graduate

Diploma in Applied Finance and Investment from the Securities Institute

of Australia. He is a Fellow of Chartered Accountants Australia and New

Zealand, a Senior Fellow of the Financial Services Institute of Australasia

and a Fellow of the Australian Institute of Company Directors.

Roger is a board member of the Harry Perkins Institute of Medical

Research and Guildford Grammar School Foundation.

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The Project is located in Yavapai County, Arizona, USA and is situated

approximately 100 kilometres northwest of Phoenix. Access from Phoenix

is via Interstate 17 and an unsealed road to the town of Crown King.

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The Project encompasses three main areas: Pacific Horizon, Scarlett and

Red Mule. They are located variously between 15 to 25 kilometres from

Crown King.

They are reached via unsealed roads and tracks, requiring access with All

Terrain Vehicles. Travel times from Crown King vary between 1.5 to 2

hours each way.

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The Pacific Horizon is located within 26 patented mining claims and 208

unpatented mining claims and is 100% owned by the LLC.

The local geology comprises a belt of Proterozoic metamorphic schists with

a northeast-southwest strike. Gossanous material (Pacific Horizon)

outcrops over 6 kilometres along the patented claims. Latite porphyry

dykes intrude the Proterozoic sequence. Minor siderite-calcite-quartz

breccias outcrop along the Pacific Horizon.

Copper, gold and silver-bearing breccias occur on dumps near the

entrance of historical shafts and tunnels and are interpreted to be the

focus of historical mining in the area. Eagle Mountain sampling of dump

material returned copper values up to 11% Cu.

Anomalous copper, gold and silver and other base metals values are

widespread along the horizon.

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Multiple historical mines were developed along this horizon between 1890

and the advent of World War 11 including Number 10, Copper Ash, Buffalo,

Wellington and Pacific mines.

While detailed production records are not available, ore from the Pacific

Mine averaged 10% copper and was carted uphill to the Crown King railway

for shipping to smelters2. Recent sampling of historical waste dumps

returned high-grade copper, gold and silver mineralisation at several

locations along the horizon.

In the 1960s and 1970s various companies completed limited ground

geophysics, mapping, drilling and sampling programs. Kennecott mapped

and partially sampled the Pacific Horizon in the early 1990s but ceased

activity on the project when their focus changed from looking for high grade

copper deposits to large porphyry copper deposits.

1 Arizona Mineral Surveys n°2274, 2594 and 2803 2 Price M.E. 1976, Prefeasibility Study on the KOOZ, Inc. mining claims in the Tiger Mining

District, Yavapai County, AZ (available from: http://minedata.azgs.az.gov/report/pacific)

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Since 2013, exploration at Pacific Horizon has included acquisition and

staking of mining claims, verification and compilation of historical data,

mapping, sampling and trenching and extensive geophysical programs

including helicopter-borne magnetic and electromagnetic,

Induced Polarization / Resistivity surveys. Geochemical and structural

studies were also completed to improve the understanding of

mineralisation sources and controls.

Several coincident geological, geochemical and geophysical anomalies

were identified and will be systematically tested in the planned drilling

program.

Eagle Mountain considers the Pacific Horizon to be prospective for breccia-

hosted copper, gold and silver mineralisation with Iron Oxide Copper Gold

(IOCG) affinity and for Volcanogenic Massive Sulphide (VMS) base metals

mineralisation.

Planned drilling will test targets generated in the vicinity of historical

workings and coincident geophysical and geochemical anomalies along the

Pacific Horizon.

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Scarlett is situated to the west of Pacific Horizon. Following the successful

completion of Eagle Mountain’s acquisition of Silver Mountain Mining Pty

Ltd, the project will be 100% controlled by Eagle Mountain and consists of

133 unpatented mining claims and 3 Arizona State exploration permits.

A northwest-southeast fault divides the Scarlett area into two domains. To

the northeast of the fault, Proterozoic granitoides host a swarm of gold-

bearing quartz veins. To the southwest, Tertiary volcanic rocks overlay a

basal conglomerate unit resting on Proterozoic basement. Latite dykes with

a northeast strike cross the area.

Gold mineralisation up to 80 g/t Au is hosted in the sulphide-bearing

quartz veins. These veins have a northeast-southwest strike occurring

within a 1500 x 300 metre corridor subparallel to the regional fault.

Small scale mining at Scarlett was carried out intermittently between the

1860s and 1950s. The Silver Dollar mine was discovered in the 1860s.

Several historical adits and small workings are scattered throughout the

area. No modern exploration has been reported on the property.

Since 2014, exploration at Scarlett has included staking of unpatented

mining claims and Arizona State exploration permits, reconnaissance

mapping and sampling, helicopter-borne magnetic and electromagnetic

surveys, ground magnetics and Induced Polarization / Resistivity surveys.

Geochemical and structural studies were also completed to improve the

understanding of mineralisation sources and controls.

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Eagle Mountain considers Scarlett to be prospective for vein-hosted gold

and porphyry copper mineralisation.

As additional work is required to define drilling targets, the exploration

program will focus on additional geophysics (Induced Polarization /

Resistivity, Ground Magnetics, Gravity) and detailed mapping and sampling

of the outcropping gold-bearing veins.

A drilling program will be planned to test the targets generated by this

preparatory exploration work.

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Red Mule is situated to the south of Scarlett and west of the southern end

of the Pacific Horizon. Following the successful completion of Eagle

Mountain’s acquisition of Silver Mountain Mining Pty Ltd, the project will

be 100% controlled by Eagle Mountain and consists of 2 Arizona State

exploration permits.

Red Mule straddles Proterozoic basement to the northeast and Tertiary

cover to the southwest. The Proterozoic basement is the southern

extension of the Pacific Horizon. Tertiary rocks include a basal

conglomerate with frequent red staining and volcanics. A northwest-

southeast fault system with significant brittle deformation characterises

the local geology. Extensive iron-oxide, clay and sericite alteration occurs

in the fault zones. Anomalous copper values are widespread and high

gold values are encountered in mafic dykes.

No historical exploration or mining activities are known in the area.

Since 2015, exploration at Red Mule has included, mapping, sampling and

trenching and geophysical programs including heli-borne magnetic and

electromagnetic survey. Geochemical and structural studies were also

completed to improve the understanding of mineralisation sources and

controls. Several geochemical anomalies were identified along the fault

system crossing the Red Mule area, including extensive hematite alteration.

Eagle Mountain considers Red Mule to be prospective for detachment-

related gold and copper mineralisation. Additional mapping and sampling

programs are proposed at Red Mule to assess the extent and endowment

of the mineralised structures to be followed by ground geophysics to define

drill targets.

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There are a number of risk factors potential investors should consider

before deciding whether or not to invest. The potential risk factors include

but are not limited to those listed below.

General economic conditions, introduction of tax reform, new legislation,

movements in interest rates, inflation and currency exchange rates may

have an adverse effect on Eagle Mountain’s exploration, development and

production activities, as well as on its ability to fund those activities.

There is a risk that management of Eagle Mountain will not be able to

implement Eagle Mountain’s growth strategy after completion of the

Capital Raising. The capacity of the management to properly implement

and manage the strategic direction of Eagle Mountain may affect Eagle

Mountain’s financial performance.

The industry in which Eagle Mountain will be involved is subject to global

competition. While Eagle Mountain will undertake all reasonable due

diligence in its business decisions and operations, Eagle Mountain will

have no influence or control over the activities or actions of its

competitors, whose activities or actions may positively or negatively affect

the operating and financial performance of Eagle Mountain’s projects and

business.

Share market conditions may affect Eagle Mountain’s ability to raise

capital in the future regardless of Eagle Mountain’s operating

performance. Share market conditions are affected by many factors such

as: Eagle Mountain’s shares are not listed – could re-draft this to refer to

liquidity and funding risk as follows

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Eagle Mountain’s shares are not currently listed on any recognised

securities markets. Furthermore Eagle Mountain may be unable to raise

capital on suitable terms or at all in the future regardless of its operating

performance or prospects. The ability to raise capital may be affected by

many factors such as:

- general economic outlook;

- interest rates and inflation rates;

- currency fluctuations;

- commodity price fluctuations;

- changes in investor sentiment toward particular market sectors;

- the demand for, and supply of, capital; and

- terrorism and other hostilities. Neither Eagle Mountain nor its directors warrant the future performance

of Eagle Mountain or any return on an investment in the company.

Eagle Mountain’s capital requirements depend on numerous factors.

Depending on Eagle Mountain’s ability to generate income from its

operations, Eagle Mountain may require further financing in addition to

amounts under the capital raising detailed in this IM. Any additional equity

financing will dilute existing shareholdings, and debt financing, if available,

may involve restrictions on financing and operational activities. If Eagle

Mountain is unable to obtain additional financing as needed, it may be

required to reduce and / or scale back the scope of its operations

The shares offered pursuant to this IM should be considered speculative

due to the nature of Eagle Mountain’s business. There cannot be any

assurance as to payment of dividends, return of capital or the market

value of shares. In particular, the price at which an investor may be able

to trade shares may be above or below the price paid for those shares.

Potential investors must make their own assessment of the likely risks and

determine whether an investment in Eagle Mountain is appropriate

having regard to their own particular circumstances.

The above list of risk factors ought not to be taken as exhaustive of the

risks faced by Eagle Mountain or by investors in Eagle Mountain. The

above factors, and others not specifically referred to above may, in the

future, materially affect the financial performance of Eagle Mountain.