US Shareholders

PASSIVE FOREIGN INVESTMENT COMPANY ("PFIC")
ANNUAL INFORMATION STATEMENT
FOR PEMBROOK COPPER CORP.


THIS INFORMATION STATEMENT IS PROVIDED IN ORDER TO ASSIST THOSE U.S. PERSONS WHO HAVE MADE A QUALIFIED ELECTING FUND ("QEF") ELECTION WITH RESPECT TO PEMBROOK COPPER CORP. IN FILING FORM 8621, AND DOES NOT CONSTITUTE TAX ADVICE. U.S. PERSONS ARE ADVISED TO CONSULT THEIR OWN TAX ADVISORS CONCERNING THE OVERALL TAX CONSEQUENCES OF THE OWNERSHIP OF COMMON SHARES OF PEMBROOK COPPER CORP. ARISING IN THEIR INDIVIDUAL SITUATIONS UNDER UNITED STATES FEDERAL, STATE OR LOCAL LAW OR ANY FOREIGN LAW.

Taxable year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Per share amount of ordinary earnings of the Company for taxable year. NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL
Per share amount of net capital gain of the Company for taxable
year.
NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL
Amount of cash and fair market value of other property distributed
or deemed distributed to shareholder.
NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL

To the extent necessary, to prevent termination or invalidation of the shareholder's QEF election, the Company will permit any U.S. Person to inspect and copy the Company's permanent books of account, records and such other documents as may be maintained by the Company that are necessary to establish that the Company's ordinary earnings and net capital gains are computed in accordance with U.S. income tax principles and to verify these amounts.

The Company was incorporated on May 11, 2006 in the Province of British Columbia, Canada and its address is:
Suite 1212
1030 West Georgia Street
Vancouver, B.C. V6E 2Y3
Canada