QIS Capital Corporation Page 1 250-377-1182

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SHARE DATA (as at June 30, 2015)

52-Week High/Low

$0.02 - $0.19

3-Mth Avg. Trading Volume 8

51,447 shares

Shares (millions)

Basic (30% insiders) 22.7

F/D 24.0

Market Capitalization

$0.6 million

Enterprise Value $0.6 million

FINANCIAL DATA (Canadian Dollars)

Yr Ended October 31

2015 2014

Revenues

$ nil $ nil

Expenses

418,954 396,753

Write-down

59,874 876,856

Net Loss

478,828 1,273,609

per share 0.03 0.10

BALANCE SHEET (as at October 31, 2015)

Current Assets

$ 21,727

Total Assets

621,142

Current Liabilities

398,073

Shareholders’ Equity

223,069

Fairmont Resources Inc. (FMR:TSX-V)

Date: February 18, 2016

Price: $0.025

(coverage initiated on Feb. 18, 2016 at $0.025)

Contact Info: Ph: (250) 377-1182 Fax: (250) 377-1183 info@smallcaps.ca www.smallcaps.ca Doren Quinton, President Josh Kier, Vice President

Highlights:

near-term production planned from two

different industrial minerals projects

recent assays confirm viability that

quartzite is suitable for ferro-silicon

production

properties being visited by end users with

goal of establishing sales channels

only 22.7 million shares o/s and market

capitalization of only $600K

QUICK SUMMARY Fairmont Resources Inc. is working towards becoming a near-term producer of dense aggregate and various forms of silica. The company has fully permitted its Forestville quartzite property and is in various stages of securing initial sales orders. CORPORATE OVERVIEW Fairmont Resources is a Canadian industrial minerals exploration and development company that intends on building long term cash flow through production on its strategically located projects. Fairmont is currently primarily focused on its two dense aggregate properties and three quartzite properties located within 100km of the Port of Saguenay, Quebec. Fairmont’s focus on industrial minerals is intended to reduce long term volatility as seen in other metals, as well as to reduce the capital, time, and risk involved in project development. Industrial minerals have lower pricing volatility, easier permitting, and lower development costs than precious minerals, often with no milling costs. Industrial minerals have a wide variety of applications including industrial, metallurgical, infrastructure, chemical, agricultural, etc. Fairmont’s 100% interest dense aggregate properties are known as the Buttercup and Hearth properties, both of which are located approximately 250 km north of Quebec City and 70km by road to port. These properties are prospective for titano-magnetite which is a high density aggregate used as heavy weight ballast or incorporated into concrete. Some of the direct uses are railroad track ballast, onshore / offshore pipeline ballast, scour protection for underwater structures or pipelines, and ground stabilization to reduce piling. The Buttercup property was drilled in 1964 at depths of less than 30m. Eight holes were drilled into “Lens A” and indicated 2.8 million tons grading 48.4% Fe, 18.9% TiO2, and 0.67% V2O5. Lens B had 12 holes drilled indicating 759K tons grading 49.39% Fe, 19.07% TiO2, and 0.64% V2O5.

QIS Capital Corporation Page 2 250-377-1182

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The corporate information provided in this report is for informational purposes only. While every effort has been taken to provide accurate information, the completeness or

accuracy of such information is not guaranteed. Certain statements in this report may constitute “forward looking” statements which involve known and unknown risks,

uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future

results, performance or achievements expressed or implied by such forward looking statements. The company profiled assumes no liability for the information presented. The

information contained in this report should not be construed as offering investment advice. Those seeking direct investment advice should consult a qualified, registered,

investment professional. This is not a direct or implied solicitation to buy or sell securities. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. Trading accounts, including personal, family and corporate accounts, under the control of QIS Capital management currently hold nil shares in the

company profiled. QIS Capital is engaged in an investor relations agreement with the company discussed and may trade the company’s common shares. No stock exchange

has approved or disapproved of the information contained herein. Copyright ©2016, QIS Capital Corporation.

In 2014, Fairmont received permits to commence site preparation and road construction and authorization to produce 300,000 tonnes annually of aggregate from the property. End users have visited the site to assess logistics for crusher locations to complete custom crushing on site. The current plan is to produce titano-magnetite aggregate from Lens A, and quarry towards Lens B thereafter. Net profits from production will be split 80% to the original vendor of the property and 20% to Fairmont until the vendor has received a total payment of $3.0 million. Thereafter the vendor will receive 5% of net profits and Fairmont will receive 95%. The commencement of production from the Buttercup Property is subject to the company obtaining sales contracts and sufficient financing for operations which is estimated at about $250K. On January 10, 2014 the company staked 96 claims near its Buttercup property called the Hearth Property. The Hearth Property contains the apparent strike extensions of the Buttercup mineralized zones and consolidates the area so that Fairmont should be able to continue exploration unencumbered. On January 21, 2015 Fairmont acquired a 100% interest in the Forestville and Baie Comeau quartzite properties. The Forestville property is located 20 km north-northwest of Forestville, Quebec. The Baie Comeau property is 8 km northwest of Baie Comeau, Quebec. The properties have been optioned for the purpose of testing the chemical and physical properties of the quartzite as a potential raw material for use in products such as high purity glass, fibre optics, ferro-silicon and silica metal. Silicon is widely utilized throughout our modern lifestyle in such products as weather stripping, cables, coatings, shampoo, cosmetics, paint, semi-conductors and lithium-ion batteries. Over 40% of worldwide ferro- silicon production is used as a hardening agent in aluminum and 10% is now used in solar products. Fairmont is currently focusing on its Forestville property with an aim to commence permitting for ferro-silicon by the end of 2016. Forestville consists of pure to very pure quartzite horizons, where the average silica content ranges from 98.2% to 99.5%. Certain high purity quartzite horizons in the area exhibit grades up to 99.7% SiO2. During the year ended October 31, 2015 drilling at Forestville was carried out to confirm the size and quality of the SiO2 deposits. The assay results

confirmed that the quartzite tested was suitable for ferro-silicon production. Several new zones of quartzite were identified and extensions to historical and new zones have been staked. Permits have been applied to put a 7 km road into the main target zone on the property. Two potential customers have now visited the quartzite properties, with an additional 3 potential customers receiving material for testing. As is the case at the Forestville property, the Baie-Comeau property contains a quartzite derived from a metasedimentary package. Although chemically very similar to the Forestville property, the physical characteristics of the quartzite is quite different at Baie-Comeau. historical sampling on the property has assayed up to 99.09% SiO2. The site has been visited by end users in the quartz countertop industry and by end-users of silicon metal and ferro-silica. Lac Bouchette is a quartz silica property that Fairmont has optioned and is located about 400 km NE of Quebec City. The property surrounds the Lac Bouchette Mine which historically produced 62,000 tonnes at an average grade of 99.8% SiO2, 0.06% Al2O3, 0.03% Fe2O3, and nil TiO2. The mine was producing from a hydrothermal quartz vein, and was of higher purity than typical deposits in the region. Management of Fairmont is very focused on cash flow producing properties that can be started up quickly with minimal capital requirements. Like the majority of small-cap resources, Fairmont will require additional capital to commence production and this remains a major risk to the future progress of the company. However, Fairmont has assembled world-class assets of dense aggregate and silica resources that are attracting the attention of major end-users of these products which have recently visited the properties and are in discussions with management. As Fairmont progresses towards commercial production, we expect to see a vast improvement in news and awareness for the company. The first reclamation target from the Oro Roca acquisition consists of multiple historical surface dumped waste stockpiles, which meet or exceed the company’s base criteria for reprocessing. Grades and tonnage cannot be provided at this time, as Newlox is not yet 43-101 compliant. The company has arranged for an independent qualified person to complete a report as requested by the BCSC. Newlox is not a mining company as it does not conduct exploration or mining and has no reserves as defined by NI 43-101. Its focus is environmental reclamation of contaminants and recovery of residual gold and silver. At a current share price of $0.045 per share, the company has a market capitalization of only $2.2 million, well below the estimated value of the Ora Roca acquisition as well as the estimated in-situ gold. Samples from tailings stockpiles have been analyzed to aid in the design of an optimized reprocessing circuit. While not NI 43-101 compliant, UBC confirmed the company’s assays, indicating an economic head grade in the tailings. Lab concentrate testing indicates

Fairmont Resources Inc. 600 Orwell St., Unit 14 Mississauga, ON L5A 3R9 Phone: (647) 477-2382 Contact: Michael Dehn, President & CEO Email: michael@fairmontresources.ca Website: www.fairmontresources.ca