IMPORTANT NOTICE - TERMS OF USE

This website (the "Website") is an online information service provided by the Royal Canadian Mint (the "Mint") in respect of its Canadian Gold Reserves Program and Canadian Silver Reserves Program (the "Program") and the exchange-traded receipts (the "ETRs") issued thereunder. This Website is provided for the sole purpose of assisting holders of ETRs and prospective purchasers of ETRs in making an investment decision with respect to the ETRs. The use of this Website by you is subject to your compliance with the Website Agreement, the terms and conditions of which are set forth in more detail here.

Nothing on this Website constitutes a solicitation or offer by the Mint to sell the ETRs or any other securities issued by the Mint under the Program. The Mint intends for the contents of this Website to be accurate and reliable, however, since the content has been compiled from a variety of sources, this Website and the contents herein are provided to you on an "as is" and "as available basis". The Information Statement available on this Website is current as of the date set out therein and, in providing the Information Statement, the Mint does not represent or create any implication that there has been no change in the affairs of the Mint since the date set out therein. No securities commission or similar authority has in any way passed upon the merits of the Receipts or the contents of this Website; any representation to the contrary may be an offence.

The information provided on this Website is intended for informational purposes only and is not intended to constitute investment, financial, legal, tax or accounting advice, and you should not rely on the information in this Website for such advice. Holders of ETRs and prospective purchasers should directly consult your financial professional or other advisors before acting on any information on this Website.

The ETRs may not be offered or sold in any jurisdiction outside of Canada except in circumstances which do not constitute a public offering or distribution under the laws of the jurisdiction where the Receipts are to be offered or sold. Prospective purchasers who are not resident in Canada should contact their financial advisor to determine whether the Receipts referred to on this website may be lawfully sold in their jurisdiction. The Receipts have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold within the United States or to, or for the account or benefit of, United States persons.

By clicking on "I Agree" (below) you expressly acknowledge having read, understood and accepted the terms and conditions of the Website Agreement and assume full responsibility for your decision to proceed to the Website.