Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Ubika Research’s Box Score: FNC with a 23% gain in diversified mining...

Here is the letter I received after I called Kingsdale. It arrived along with the yellow proxy, which I voted for the new slate and returned as instructed.

Dear Bill

Thank you for your support of the YELLOW proxy.Attached are copies of the Concerned Shareholder Circular, YELLOW proxy, and News Release.For additional information on voting your YELLOW proxy please speak with Chang Park and Neil Tolentino of Kingsdale Shareholder Services Inc.

Chang Park can be reached at cpark@kingsdaleshareholder.com or by telephone at (416) 867-2359 and Neil Tolentino at ntolentino@kingsdaleshareholder.com or by telephone at (416) 867-2329.Both Chang and Neil can walk you through the voting process to cast your YELLOW proxy.

Please remember that the voting deadline is prior to Wednesday, October 24, 2012 at 8:30 a.m. (Toronto Time).

If you are a REGISTERED SHAREHOLDER (share certificate is registered in your name) please complete, date, sign and

(a)Email the attached YELLOW proxy to cpark@kingsdaleshareholder.comor ntolentino@kingsdaleshareholder.com; or

(b)Fax the YELLOW proxy to Kingsdale Shareholder Services Inc. at facsimile:1-866-545-5580 (toll free) or 416-867-2271 to the attention of Chang Park and Neil Tolentino

If you are a NON-REGISTERED SHAREHOLDER (shares are held by a bank, broker or other financial intermediary), please contact Chang Park or Neil Tolentino at their respective contact information as mentioned above.

In addition, you can contact Kingsdale Shareholder Services Inc. at 1-866-229-8651 toll-free in North America or 1-416-867-2272 outside of North America (collect calls accepted), or by e-mail at contactus@kingsdaleshareholder.com.

Please note that your YELLOW Proxy must be received by Kingsdale Shareholder Services Inc. prior to Wednesday, October 24, 2012 at 8:30 a.m. (Toronto Time).

With Warm Regards,

Neil M. Tolentino

Director, Client Management

Kingsdale Shareholder Services Inc.

Direct416.867.2329 | Main 416.867.4550 ext 2244

Facsimile416. 867.2271 | Toll Free1.877.373.6007

Websitewww.kingsdaleshareholder.com

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