On January 28, 2022, Makara Mining Corp. issued a letter to shareholders urging them to vote against the resolutions (1) to remove Grant Hendrickson, Andrew H. von Kursell, Hugh Maddin, and Uranbileg (Urnaa) Yondon as directors of the Company, (2) to reduce the number of directors to 3; and (3) to elect David Greenway as a director of the Company at the Company's special shareholders meeting.