On October 1, 2021, Makara Mining Corp. announced that further to its news release of September 21, 2021, the Board of Directors has rejected the requisition made by Thu Bich Thi Gui and Purita Querida pursuant to section 167 of the Business Corporations Act. The Company’s Board has determined that the requisitionists are not registered owners of shares of the Company, and are therefor not entitled to requisition a shareholder meeting pursuant to the Act.