Investors

Why Skyharbour?

• Jordan Trimble, B.Sc., CFA, is the President, CEO and Director of Skyharbour Resources. He is an entrepreneur who has worked in the resource industry in various roles with numerous companies specializing in management, corporate finance and strategy, shareholder communications, business development and capital raising. Previous to Skyharbour, he was the Corporate Development Manager for Bayfield Ventures, a gold company with projects in Ontario which was successfully acquired by New Gold in 2014. Throughout his career, Mr. Trimble has founded and helped manage several public and private companies and has been instrumental in raising substantial amounts of capital for mining companies with his extensive network of institutional and retail investors. He is a frequent speaker at resource and mining conferences globally and has appeared on various media outlets including BNN and the Financial Post. Mr. Trimble holds a Bachelor of Science Degree with a Minor in Commerce from the University of British Columbia and he is a CFA® Charterholder and served a full term as a Director of the CFA Society Vancouver.

• Dave Billard, P.Geo. , is a geologist with over 35 years of exploration and development experience, searching for uranium, gold and base metals in western Canada and the western United States. He is a graduate of the University of Saskatchewan (1984) and Professional Geoscientist registered in Saskatchewan. He was Chief Operating Officer, Vice President Exploration and Director for JNR Resources Inc, prior to their acquisition by Denison Mines in 2013. Dave was instrumental in the discovery of JNR’s Maverick and Fraser Lakes B zones and, earlier in his career, participated in the discovery and development of several significant gold deposits in northern Saskatchewan. Before joining JNR, Dave was a geological consultant specializing in uranium exploration in the Athabasca Basin of Saskatchewan and prior to that, was employed by Cameco Corporation for over 12 years. Mr. Billard is currently a geological consultant based in Saskatoon and is a Director of Troymet Exploration Corp.

• Christine Mckechnie, M.SC., is a geologist specializing in uranium deposits, in particular basement-hosted unconformity-related deposits in the Athabasca Basin and surrounding area. Since starting her career, she has worked for several companies (Claude Resources Inc., JNR Resources Inc., CanAlaska Uranium Ltd., and Cameco Corp.) carrying out gold and uranium exploration and working underground at the Eagle Point Mine; in addition to a summer mapping with the Saskatchewan Geological Survey.  She completed her B.Sc. (High Honors) in 2008 from the University of Saskatchewan (U of S), and in early 2013, she completed a M.Sc. thesis at the U of S on the geology and origin of the Fraser Lakes Zone B pegmatite-/leucogranite-hosted U-Th-REE deposit in northern Saskatchewan. As part of her thesis, she co-authored four peer-reviewed journal papers on the Fraser Lakes Zone B deposit and other basement-hosted uranium prospects in northern Saskatchewan. Her paper (co-authored with Dr. Irvine Annesley and Dr. Kevin Ansdell) entitled “Geological Setting, Petrology, and Geochemistry of Granitic Pegmatites and Leucogranites Hosting U-Th-REE Mineralization at Fraser Lakes Zone B, Wollaston Domain, Northern Saskatchewan, Canada” received the 2015 CIM Barlow Medal for Best Geological Paper.

• David Cates, CPA, MAcc, is a Director of Skyharbour and is the President and CEO of Denison Mines (TSX: DML). Prior to being appointed to the President and CEO position, Mr. Cates served as Denison's Vice President of Finance, Tax and Chief Financial Officer. As Chief Financial Officer, Mr. Cates played a key role in the Company's mergers and acquisitions activities - leading the acquisition of Rockgate Capital Corp. and International Enexco Ltd. Mr. Cates joined Denison in 2008 and held the position of Director, Taxation prior to his appointment as Chief Financial Officer. Prior to joining the Company, Mr. Cates held positions at Kinross Gold Corp. and PwC LLP with a focus on the resource industry.

• Paul Matysek, M.Sc., P.Geo, is a Strategic Advisor for Skyharbour and is a mining entrepreneur, professional geochemist and geologist with over 35 years of experience in the mining industry. He was the Founder, President and CEO of Energy Metals Corporation ("EMC"), a premier uranium company that traded on the New York and Toronto Stock Exchanges. Mr. Matysek led EMC as one of the fastest-growing Canadian companies in recent years, increasing its market capitalization from $10 million in 2004 to approximately $1.8 billion when it was acquired by a larger uranium producer, Uranium One Inc., in 2007. In addition to serving as Chairman of Lithium X before its recent sale, Mr. Matysek was  President and CEO of Goldrock Mines Corp. which on June 7th, 2016 announced it had entered into a definitive agreement to be acquired by Fortuna Silver Mines (NYSE:FSM) (TSX:FVI) for $129 million on a fully-diluted in-the-money basis. Previously, he was also the President and CEO of Lithium One Inc., which developed a high-quality lithium project in northern Argentina. In July 2012, Lithium One and Galaxy Resources merged with a $112 million plan to create a fully integrated lithium company. Prior to Lithium One, Mr. Matysek was the President and CEO of Potash One Inc. where he was the architect of the $434 million friendly takeover of Potash One by K+S Ag, which closed in early 2011.

• Jim Pettit is the Chairman and a Director of Skyharbour. He brings over 30 years of experience in the resource industry specializing in finance, corporate governance, management, and compliance and was previously Chairman and CEO of Bayfield Ventures Corp. which was sold to New Gold in 2014.

• Global demand for electricity to grow 50% by 2030 and nuclear is reliable, low cost and clean base load power; 436 current operable reactors, 62 reactors under construction, and over 400 ordered/planned/proposed
   
• China, India and Russia making big nuclear investments with all three countries currently and planning to build several new reactors for a number of years to come with China leading the charge
   
• Current demand is approx. 194 million lbs with mine supply at approx. 146 million lbs; estimated supply gap of 100 million lbs of uranium by 2030 and the current spot price will not incentivize new mine builds
   
• Uncovered demand (demand from reactor base not currently covered by contracts) rises quickly with over 50% of current contracts expiring by 2027; utilities must return to contract and need at least 18 months of lead time to fabricate fuel
   
• Significant supply cuts, development project deferrals and underinvestment including one of the largest uranium mines, Cameco’s McArthur River, being suspended in 2018 but now resuming operations in 2023
   
• New financial entities like Yellow Cake and Sprott Physical Uranium Trust have purchased millions of lbs of uranium recently effectively sequestering this material
   
• Global approval for nuclear power continues to grow, as EU Taxonomy includes nuclear as an environmentally sustainable investment
   

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well-positioned to benefit from improving uranium market fundamentals with twenty-four projects, ten of which are drill-ready, covering over 518,000 hectares of mineral claims. Skyharbour acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone including highlight drill results of 6.0% U₃O₈ over 5.9 metres including 20.8% U₃O₈ over 1.5 metres at a vertical depth of 265 metres.

Adjacent to the Moore Uranium Project is Skyharbour’s recently optioned Russell Lake Uranium Project from Rio Tinto, which hosts historical high-grade drill intercepts over a large property area with robust exploration upside potential. Skyharbour has the option to acquire an initial 51% and up to 100% of the 73,294 ha Russell Lake Uranium Property strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan.

In addition to being a uranium exploration and early-stage development company focused on advancing its co-flagship Moore and Russell Lake Projects, Skyharbour also utilizes a prospect generator strategy by seeking partner companies to advance secondary projects, effectively acting as a uranium project incubator. Through earn-in option agreements, partner companies can acquire ownership interests in these projects by funding exploration and making cash and share payments to Skyharbour. The Company currently has joint-ventures with industry-leader Orano Canada Inc. and Azincourt Energy at the Preston and East Preston Projects, respectively, whereby Orano and Azincourt earned majority interests in the projects through exploration expenditures, cash payments and share issuances. Skyharbour also has six active earn-in option partners including: ASX-listed Valor Resources at the Hook Lake Uranium Project; CSE-listed Basin Uranium Corp. at the  Mann Lake Uranium Project; CSE-listed Medaro Mining Corp. at Yurchison Project; Yellow Rocks Energy, a private Australian entity, at the Wallee and Usam Island Projects; North Shore Energy Metals at South Falcon Project; and CSE listed Tisdale Clean Energy at the South Falcon East Project which is host to the Fraser Lakes Zone B Uranium and Thorium Deposit (NI 43-101 inferred resource totalling 7.0 million pounds of U₃O₈ at 0.03% and 5.3 million pounds of ThO2 at 0.023%. ).

In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $37 million in partner-funded exploration expenditures, over $28 million worth of shares being issued and over $19 million in potential cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Furthermore, Skyharbour's project portfolio is bolstered by another twelve 100% owned projects scattered throughout the Athabasca Basin:

• South Dufferin 
• Riou River 
• Pluto Bay 
• Foster River 
• Highway Project 
• Karin  
• 914, 914N and Elevator 
• 914W
• Shoe and CBX

Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour has been opportunistic over the past several years acquiring high-quality properties in the Athabasca Basin, at attractive valuations, taking advantage of the downturn in the uranium market. JNR Resources employed this strategy in the early 2000’s and benefited from the inevitable turnaround in the uranium market resulting in a notable share price increase from 5 cents to over $4 in 2007. Over the last decade, Skyharbour has acquired its projects through cash and stock totalling approx. $10 million while over $100 million has been invested in the projects in historical exploration. But even in a stagnant uranium price environment, the Athabasca Basin provides the opportunity to generate notable returns for shareholders as exemplified by NexGen Energy, Fission Uranium, Alpha Minerals and Hathor over the last decade which has combined for billions of dollars in value creation on the back of new Athabasca uranium discoveries (Hathor was acquired by Rio Tinto in 2012 for over $650 million). Furthermore, Skyharbour has been able to advance its properties through partnerships with other companies like at Preston with the partnership with Orano and will continue to employ this prospect generator strategy on its other properties which will allow for additional exploration financed by other companies, stock/cash payments made to Skyharbour, and more news flow going forward with Skyharbour retaining a carried interest and upside exposure in these projects.

• Denison Mines Corp. (TSX: DML)
• Insiders/Management
• Sprott Uranium Miners ETF (URNM)
• Sachem Cove Partners
• OTP Fund Management Ltd.
• Jeff Phillips (Global Market Development)
• Marin Katusa and KCR Fund
• Extract Capital
• L2 Capital Partners 
• Global X Uranium ETF (URA)
• Paul Matysek 
• Rio Tinto 
• Horizons Global Uranium Index ETF (HURA)
• Sprott Junior Uranium Miners ETF (URNJ)