On May 16, 2019, LIM Advisors Limited along with LIM Asia Special Situations Master Fund Limited announced that on May 16, 2019, they have issued a notice to Steppe Gold Ltd. pursuant to the Company’s By-law Advance Notice Requirement for the Nomination of Directors submitting 1 nominee, Paul A. Korpi, for election to the board of directors of the Company at the 2019 annual and special meeting of security holders of the Company.