BlackPearl Resources Inc.

Share Capital

Share Capital - as at March 31, 2017

Authorized Share Capital: Unlimited number of common shares without par value
Issued and Outstanding Shares 336,195,568
Outstanding Stock Options 28,268,329
Outstanding Restricted Share Units 1,760,000
Fully Diluted 366,223,897

Insider Shareholdings

Shareholdings by insiders can be found on the following websites:

Canada - System for Electronic Disclosure by Insiders
Sweden - Swedish Financial Supervisory Authority  

Adnet Communications Inc.