Myriad Uranium Corp · CSE:M
Myriad Uranium — Investor Presentation (July 2022)
16 slides from Myriad Uranium's investor presentation, July 2022
Slide 1: Uranium in the Tim Mersoi Basin, Niger
URANIUM IN THE TIM MERSOI BASIN, NIGER
Slide 2: Highlights
HIGHLIGHTS Over 1800 square km of exploration licenses in the Tim Mersoi Basin, Niger, arguably one of the most prospective areas in the world for uranium exploration Immediately adjacent to Imouraren, one of the largest uranium deposits on earth Myriad is closely held, well structured, and has suffi
Slide 3: Uranium for a Greener Planet
URANIUM FOR A GREENER PLANET United Nations has identified climate change as “the defining issue of our time” International efforts to increase wind and solar power have failed to displace fossil fuels Fossil fuels are now used to produce more electricity than ever before Nuclear power plants produce
Slide 4: Global Uranium Supply & Demand
GLOBAL URANIUM SUPPLY & DEMAND DEMAND SUPPLY Global increased awareness of Legacy mines closing - global nuclear power as a clean energy uranium production decreased by source ~20% between 2016 and 2020 Globally, 50+ reactors under Global conflict/tension reducing construction, 100+ reactors supply f
Slide 5: Myriad Licenses
MYRIAD LICENSES Over 1800 total sq km in the Tim Mersoi Basin, Niger, an area very well known for uranium exploration (pictured right) Four licenses, approximately 400 sq km each, known as AGEBOUT, AFOUDAY, TAGAIT #2 and TAGAIT #3 Multiple world-class Uranium projects in the immediate vicinity, incl
Slide 6: Niger & the Tim Mersoi Basin
NIGER & THE TIM MERSOI BASIN According to the World Nuclear Association, Niger Is the world’s 6th largest producer of uranium Has two significant uranium mines providing about 5-7% of world mining output from Africa's highest-grade uranium ores Has strong government support for expanding uranium mini
Slide 7: The Tim Mersoi Basin
THE TIM MERSOI BASIN The Tim Mersoï Basin has one of the world’s largest uranium reserves, mostly occurring along the “Arlit fault” As new discoveries along the fault go into development, Niger is expected to reach 2nd in the world in uranium production The four Myriad licenses - Agebout, Afouday, T
Slide 8: Terms for Exploration License Acquisition
TERMS FOR EXPLORATION LICENSE ACQUISITION Myriad Metals (“MMC”) issued 8.5m shares to vendor, Loxcroft Resources Ltd., for an 80% interest in the 4 licenses covering 1800 sq km MMC retains an option to buy the remaining 20% for $6m, for 6 years MMC may issue a further $5m equivalent in shares to Lox
Slide 9: Team - Africa & Niger Expertise
TEAM - AFRICA & NIGER EXPERTISE Under the agreement, Myriad added two new board members from Loxcroft and benefits from an equity partnership with Loxcroft DAYE KABA DR. LAOUEL K. MAHAMADOU LOXCROFT RESOURCES New Board Member New Board Member Equity Partner Partner at McCarthy Tetrault in A former la
Slide 10: The Data
THE DATA Historical data show that the licenses were previously explored by the French Nuclear Energy Commission (1959-1990) and more recently by Orano (2006-2012) Orano returned the licenses to the public domain in 2012, following Fukushima and with Uranium prices very low AGEBOUT AGEBOUT MMC is co
Slide 11: Local Exploration Team
LOCAL EXPLORATION TEAM Under the agreement, Loxcroft manages exploration activities in Niger, under the direction of the Myriad board and an appointed exploration committee Loxcroft works with geologists that have direct experience in the Tim Mersoi Basin, with some having had previous experience wi
Slide 12: Comparables
COMPARABLES Some very successful Uranium-focused public companies currently operate in Niger (see table to the right) Kopore is the most direct comparable, as an early-stage new entrant at roughly the same “exploration stage” as MMC Myriad sits at a fraction of its peers, including Kopore - but hold
Slide 13: Myriad Structure
MYRIAD STRUCTURE 15.3M shares issued prior to Loxcroft/Niger acquisition 8.925M shares issued in connection with acquisition of the Niger licenses Myriad current cash approximately $1.2m Under 25m shares outstanding MMC has sufficient cash to execute on early exploration plans (6-12 months) without f
Slide 14: Review
REVIEW 1800 sq km of exploration licences in some of the most prospective Uranium ground (the Tim Mersoi Basin), within one of the world’s leading Uranium producing countries (Niger) Immediately adjacent to Imouraren, one of the largest known Uranium deposits on Earth Multiple other mines and deposi
Slide 15: Legal Disclaimers
LEGAL DISCLAIMERS Securities Laws The Documents relate to a potential offering (the “Offering”) of securities (the “Offered Securities”) only to those persons where and to whom they may be lawfully offered for sale, and only by the persons permitted to sell these Offered Securities. These Documents
Slide 16: Thank You!
MYRIAD METALS CORP. #600-1090 W. Georgia St. Vancouver, BC V6E 3V7 Canada THANK YOU!