LORI WALTON

(the “Company” or “Taku”) announces the appointment of Lori Walton, Director, as Chief Executive Officer and Janet Lee-Sheriff, Director, as Executive Chair effective immediately. Ms. Walton has over 25 years’ experience providing independent management and consulting services to the mining industry, with a focus on northern Canada. Previously she served as President and Chief Executive Officer, Firestone Ventures Inc. from 2005 to 2012, and as director of Northern Tiger Resources Inc. from 2008 to 2013. She provided expertise on mineral resource policy for the Government of Alberta from 2013 to 2018. Currently she provides consulting expertise for government, industry, and industry associations in addition to serving as President and CEO of a private mining company. Ms. Walton holds an M.Sc. in Economic Geology from the University of Alberta, is a professional geoscientist registered with the Association of Professional Engineers and Geoscientists of Alberta (APEGA), and is a graduate gemologist (Gemological Institute of America).