Token Price Changes

Although Mineral Vault has taken all reasonable steps to stabilize token prices, there are still numerous market-related factors which could effect performance of the tokens over time and therefore the price that tokens can be bought or sold on a secondary market or via direct transfer:

• Commodity Prices: The spot prices of crude oil and natural gas over time, which are the prices at which crude oil and natural gas are being sold from the wellhead on the mineral properties tokenized, are major determinants of how much royalty income is received by the SPV and therefore the token holders. In many ways, an investment in a Mineral Vault token is a vote of confidence that commodity prices will stay the same or increase in the future.

• Quantity Of New Drilling: Depending on how much new drilling takes place on the tokenized mineral properties, production volumes could increase or decrease relative to initial expectation, affecting token price by increasing or decreasing realized cash flows.

• Real World Asset Sentiment: The amount of market interest in real world assets in the Web3 sector and among the general public could greatly increase or decrease the amount of participants in the RWA markets and therefore the prices of all RWAs, including Mineral Vault tokens.

There are enumerable other risks and opportunities which could affect mineral property performance and therefore the price of Mineral Vault tokens, but the above factors are among the most significant.