187,233 Common Shares of Zanzibar Gold Inc. are subject to a Lock-Up Agreement Ending on 18-JAN-2020. These Common Shares will be under lockup for 548 days starting from 19-JUL-2018 to 18-JAN-2020. Details: A total of 1,248,220 shares will be held in escrow. 10% of the escrowed securities will be released from the escrow on the date the securities are listed on Canada Securities Exchange, and an additional 15% will be released on the dates 6 months, 12 months, 18 months, 24 months, 30 months and 36 months following the listing date.