Axo Metals Corp. · TSXV:AXO

Axo Metals — Axo Copper — IPO Roadshow (March 2025)

22 slides from Axo Metals's IPO roadshow presentation, March 2025

  1. Slide 1: Discovering Mexico's New High-Grade Copper District

    Discovering Mexico’s New High-Grade Copper District March 2025

  2. Slide 2: Cautionary Notes and Disclaimer

    Cautionary Notes and Disclaimer Investors should read the preliminary prospectus before making an investment decisions A preliminary prospectus of Axo Copper Corp. (“Axo Copper" or the "Company") containing important information relating to the securities described in this document has been filed wi

  3. Slide 3: Cautionary Notes and Disclaimer

    Cautionary Notes and Disclaimer No market for securities There is no market through which the securities of the Company may be sold and investors may not be able to resell the securities purchased under the prospectus. This may affect the pricing of the securities in the secondary market, the transp

  4. Slide 4: Cautionary Notes and Disclaimer

    Cautionary Notes and Disclaimer Forward-looking information and statements This presentation contains certain statements, which may constitute "forward-looking information" under Canadian securities law requirements and "forward looking statements" under applicable securities laws ("forward-looking

  5. Slide 5: Mexico's Exciting Critical Minerals Growth Story

    Mexico’s Exciting Critical Minerals Growth Story A New Copper Discovery ▪ The La Huerta Project represents a new copper discovery in the prolific Sierra Madre Belt ▪ Located in the state of Jalisco, nearby to major mining operations and infrastructure ▪ Drill ready targets located across a 11,331 ha

  6. Slide 6: Proven In-Country Management & Board

    Proven In-Country Management & Board Jonathan Egilo Glenn Jessome President, CEO & Director Executive Chair & Director Mining and capital markets professional, most recently Director, Equity Securities lawyer with 25 years of resource sector capital markets experience. Research Analyst at a major Ca

  7. Slide 7: La Huerta Project – Jalisco

    La Huerta Project – Jalisco A New High-Grade Copper Discovery San Martin (First Majestic Silver) The La Huerta mining district is a new copper discovery in the prolific Sierra Madre Belt and has the potential to establish a large zone of mineralization at depth Los Ricos (GoGold Resources) Prospecti

  8. Slide 8: History of the La Huerta Project

    History of the La Huerta Project High Grade Copper Sulphide Dyke 2019-2022 2022 2023-2024 Small scale mining Axo Copper signs Axo Copper at surface along agreement to exploration high-grade copper acquire the La dyke structure Huerta claims ▪ Narrow surface cut only mined to ▪ Two claims acquired fo

  9. Slide 9: High Grade Copper Mineralized Dyke

    High Grade Copper Mineralized Dyke ▪ Copper sulphide mineralization (bornite & chalcopyrite) is hosted in intrusive-related dykes through an andesite host rock, with the dykes being traced for ~5km along surface ▪ Mineralization can extend into the andesitic host Las Marias (former rock, creating wi

  10. Slide 10: Initial Area of Focus – 1.3km Mineralized Trend

    Initial Area of Focus – 1.3km Mineralized Trend Surface and ▪ Initial exploration focus and trench sampling priority sits along a ~1.3km section of mineralized dyke, results which is faulted in numerous areas ▪ Las Marias area has seen the highest concentration of exploration work, however strong tr

  11. Slide 11: Initial Area of Focus – 1.3km Mineralized Trend

    Initial Area of Focus – 1.3km Mineralized Trend Drilling results ▪ Largest concentration of drilling thus far has been around Las Marias historic operations ▪ Drilling to date has been relatively shallow with significant potential along strike and at depth ▪ Axo drilling highlights: ▪ 7.6m @ 7.37% C

  12. Slide 12: Below Las Marias showing strong results

    Below Las Marias showing strong results Section view (facing NE) A A’ Re-Focused Scale : Part of larger Trend ▪ Drilling below the prior operator’s surface cut continues to find the system and shows good prospectivity at depth ▪ La Huerta trend appears as a steeply dipping body, beginning at surface

  13. Slide 13: Regional mapping finds high grade at surface

    Regional mapping finds high grade at surface 3 La Huerta Copper Trend 2 1. High grade copper (6%+) found at surface in new North-South trending zone, with mineralization in an apparent fault zone. 1 2. Felsic dyke structure with evidence of an East-West strike trend seeing elevated grades at surface

  14. Slide 14: 2025 Exploration

    2025 Exploration Axo Copper Phase II Drilling ▪ Planned restart of drilling imminently for Axo Copper’s second round of Phase II: drilling • Test depth and extensions of Las ▪ New program focused on following up on Phase I drilling around Las Marias (red area) Marias area, while also drill testing r

  15. Slide 15: Proposed IPO

    Proposed IPO Capital Structure & Proposed IPO Description Amount Pre-IPO Basic Shares Outstanding (mln) 109.4 Options (mln) 3.5 Warrants (mln) 0.6 Property Payments (mln) 3.0 Pre-IPO Fully Diluted Shares Outstanding (mln) 116.5 IPO Issue Price (C$/share) ● Pre-Money Valuation (C$mln) ● Proposed IPO

  16. Slide 16: Contact

    CONTACT Jonathan Egilo President, CEO and Director P.O. Box 25056 RPO Clayton Park Halifax, Nova Scotia B3M 4H4 egilo@axocopper.com

  17. Slide 17: Appendix

    Appendix J\X

  18. Slide 18: Geophysics Suggest Potential for Parallel Targets

    Geophysics Suggest Potential for Parallel Targets ▪ IP Section Lines completed North Target Anomaly by Geophysics TMC for Axo Copper Corp. ▪ Geophysics results show potential for strong drill targets to the north (corresponding with surface samples) Las Marias ▪ Results show an anomaly so the southe

  19. Slide 19: Share Structure and Capitalization

    Share Structure and Capitalization Description Outstanding Founder Shares 48,000,000 C$0.15 Issuance 37,072,698 Property Acquisition 2,000,000 C$0.40 Issuances 22,313,235 Basic Shares Outstanding 109,385,933 Options 3,500,000 Warrants 569,926 Future property payments 3,000,000 Fully Diluted Shares O

  20. Slide 20: Copper is Critical to Support the Energy Transition Movement

    Copper is Critical to Support the Energy Transition Movement Why is Copper Critical? ❖ Copper is an integral material in every clean energy technology (electric vehicles, solar power systems, wind farms etc.) ❖ Copper has the highest conductivity of any nonprecious metal, can be easily shaped for mu

  21. Slide 21: Strong Long-Term Fundamentals of Copper

    Strong Long-Term Fundamentals of Copper Kt Refined Copper Supply Copper Demand ❖ Lack of exploration and development in the past decade coupled with global growth in demand for copper is 36,000 setting the stage for a favorable copper market 34,000 ▪ Few new discoveries, lower copper grades at exist

  22. Slide 22: Critical Role in the Future of Clean Energy

    Critical Role in the Future of Clean Energy Comparison of Copper Used in Vehicles 2 Electric Vehicles ▪ The EV segment will require an additional 9.6Mt of copper over the next 20 years 1 Conventional Cars, 18-49lbs ▪ EVs are expected to be the largest single sector contributing to the rise in copper

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