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; 438 current operable reactors, 58 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. 195 million lbs with mine supply at approx. 140 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 2025; 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 with plans of operations resuming later this year
   
• 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 eighteen projects, ten of which are drill-ready, covering over 460,000 hectares of mineral claims. Skyharbour has 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 Rio Tinto’s 73,294 ha Russell Lake Uranium Property strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan.

Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. The Company now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. The Company now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit.

Skyharbour has several active option partners including: ASX-listed Valor Resources on the Hook Lake Uranium Project whereby Valor can earn-in 80% of the project through CAD $3,500,000 in exploration expenditures, $475,000 in cash payments over three years and an initial share issuance; CSE-listed Basin Uranium Corp. on the Mann Lake Uranium Project whereby Basin Uranium can earn-in 75% of the project through $4,000,000 in exploration expenditures, $850,000 in cash payments as well as share issuances over three years; and CSE-listed Medaro Mining Corp. on the Yurchison Project whereby Medaro can earn-in an initial 70% of the project through $5,000,000 in exploration expenditures, $800,000 in cash payments as well as share issuances over three years followed by the option to acquire the remaining 30% of the project through a payment of $7,500,000 in cash and $7,500,000 worth of shares. More recently, Skyharbour announced a new earn-in option agreement with Yellow Rocks Energy to earn in up to 80% in both the Wallee and Usam Island Projects by making AUD $50,000 in cash payments, spending AUD $4,500,000 in exploration, and issuing a total of AUD $2,025,000 worth of Yellow Rock shares to Skyharbour, subject to listing on ASX and financing.

Skyharbour also owns a 100% interest in the 44,470 ha South Falcon Point Project located in the eastern perimeter of the Basin, which contains a 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%. The Company has recently optioned up to 75% of this project to Tisdale Energy whereby Tisdale will fund exploration expenditures totaling CAD $10,500,000, pay Skyharbour $4,600,000 in cash, and issue Skyharbour the equivalent value of $7,000,000 in shares of the company over a five-year earn-in period.

Furthermore, Skyharbour's project portfolio is bolstered by another nine projects scattered throughout the Athabasca Basin:

• Riou River - 18,227 ha along the Riou River within the Athabasca Basin, contains over 40km of discrete undrilled EM conductors along a magnetic low and anomalous boulder geochemistry
• Pluto Bay - 27,918 ha, northeast of Black Lake hosting numerous uranium showings and several EM conductors east of the regional Black Lake Fault
• Wallee - 20,765 ha, approximately 35km northeast of Cameco's Eagle Point deposit, numerous untested EM conductors coinciding with significant magnetic and/or gravity lows in the Wollaston Domain
• Usam Island - 42,186 ha approximately 21km northeast of Cameco's Eagle Point deposit, contains numerous EM conductors situated along significant magnetic lows of the Wollaston Domain
• Foster River - 37,529 ha, southwest and adjoining Skyharbour's Falcon Point South project, numerous uranium showings up to 1.25% U₃O₈
• South Dufferin - 922 ha, along the trend of the Virgin River Shear, which hosts Cameco's Centennial high-grade uranium deposit, 32km to the north
• Highway Project - 1,184 ha property with highway 905 running through the claims, between Michael Lake and Wollaston Lake
• Highrock East - 5,714 ha property covering a portion of Highrock Lake, just to the west of the Foster River project
• Highrock West - 2,028 ha property nearby Highrock Lake

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 several years, Skyharbour has acquired its projects through cash and stock totalling approx. $4 million while over $80 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)