Meridian Mining UK Societas : Management Discussion and Analysis - September 30, 2021 Management Discussion and Analysis - marketscreener.com

Management's Discussion and Analysis

FORM 51-102F1

MANAGEMENT DISCUSSION AND ANALYSIS

FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2021

Introduction

This Management Discussion and Analysis ("MD&A") of the results of operations and the financial condition of Meridian Mining UK Societas, formerly Meridian Mining S.E., ("Meridian" or the "Company") is the responsibility of management and covers the three-month period ended September 30, 2021. This MD&A takes into account information available up to and including November 25, 2021, and should be read together with the audited consolidated financial statements and notes for the year ended December 31, 2020, which are available on the SEDAR website at www.sedar.com.

Throughout this document the terms we, us, our, the Company and Meridian refer to Meridian Mining UK Societas. All financial information in this document is prepared in accordance with International Financial Reporting Standards ("IFRS"). All amounts are in United States dollars (USD) unless otherwise stated.

Additional information related to the Company is available for view at www.meridianmining.coor on the SEDAR website at www.sedar.com.

This document contains forward-looking statements. Please refer to "Note Regarding Forward-Looking Statements."

Business Overview

Meridian is a junior exploration and resource development company with projects in Brazil. The Company has signed purchase agreement to acquire a 100% beneficial interest in the...



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