Phoenix Metals Corp. · TSX:PCA
Phoenix Metals — IPO Roadshow (May 2026)
25 slides from Phoenix Metals's IPO roadshow presentation, May 22, 2026
Slide 1: Strictly Private and Confidential
STRICTLY PRIVATE AND CONFIDENTIAL This document does not provide full disclosure of all material facts relating to the iss uer, the securities or the offeri ng and is not subject to liability for mis representations under applicable securities legislation.
Slide 2: Confidentiality and Accuracy of Information
Confidentia lity and A ccur acy of Inform ation This document i s a confide nti al presentation of general ba ckgrou nd informati on about Phoeni x Metals Corp. (the “Company”). The information containe d h erein has been prepa re d b y the Company solel y for the pu rp ose o f soli ci ti ng express
Slide 3: Exploration target cautionary note
The potent ial quantit y and grade of thi s target is conceptual in nature, there has been i nsuf ficient explorati on t o def ine a m ineral resource wit h respect t o t his target , and it i s uncert ain i f further expl orat ion wi ll result in this target being delineated as a mineral resource.
Slide 4: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 5: Management biography
Mr. Cartwright has over 10 years of finance and accounting experience, focused on public and private financial reporting in both Canada and the US. Former Corporate Controller for JDS Silver Inc. and CFO for Sable Resources. Mr. Cartwright is also a Chartered Professional Accountant.
Slide 6: Founders and directors
Co-foun der o f Ph oen ix Metals Corp. with more tha n 30 Pa rtner at CAI Cap ital Par tn ers, ha vi ng joi ned the year s’ expe rien ce wo rki ng on a nd mana gin g explor ation Va ncouver-ba se d private eq uity firm in 20 03 after over 12 an d mine de ve lop me nt with majo r and ju nio r min ing
Slide 7: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 8: Exploration target
The potent ial quantit y and grade of thi s target is conceptual in nature, there has been i nsuf ficient explorati on t o def ine a m ineral resource wit h respect t o t his t arget , and i t is uncert ain if furt her exploration will result in thi s target being deline at ed as a m ineral resource
Slide 9: References t o ot her mi neral projects and mi nes is f or
References t o ot her mi neral projects and mi nes is f or illust rat ion purposes only. There can be no assurances the Company wil l achieve com parabl e results. S ee S lide 2 and A ppendix 2 of this present ation, and the Technical Report, f or f urther di sclosure about t he sci entif ic and te
Slide 10: Exploration targets
The potent ial quantit y and grade of these targets rem ain conceptual in nature, t here has been insuff icient exploration to define a m ineral resource wit h respect t o t hese target s, and it is uncertain if furt her exploration will result i n eit her t arget bei ng delineat ed as a m ineral re
Slide 11: Phoenix Area Targets
PHOENIX AREA TARGETS South Skarn, Golden Crown, Phoenix Deeps, Blue Bell wg ¢@ PHOENIX METALS
Slide 12: Drill hole intercepts
Hole ID From To Length (m ) Au g/t Ag g/t Cu % PXDDH-25-001 279 281 2 54.08 5.25 0.04 Including 280 281 1 108.00 9.83 0.06 PXDDH-25-002 89 105 16 0.42 3.07 0.28 Including 102 103 1 1.35 14.60 1.64 PXDDH-25-002 153 155 2 11.60 35.00 0.21 PXDDH-25-002 166 168 1.5 8.11 10.30 0.10 PXDDH-25-002 233 235 2
Slide 13: Anomalous Au and Cu intercepts
Anomalous Au and Cu over 90 m with intercepts of 0.56 g/t Au and 0.15% Cu See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 14: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 15: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the scientifi c and te ch nical disclosure h erein
Slide 16: S ee S lide 2 and A ppendix 2 of this present ation, and
S ee S lide 2 and A ppendix 2 of this present ation, and the Technical Report, f or f urther di sclosure about t he sci entif ic and te chnical disclosure herein .
Slide 17: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Repo rt for furth er disclosure abou t the scientific and technical disclosure herein
Slide 18: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 19: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 20: See Sli de 2 of this p re se ntation and th e Technical
See Sli de 2 of this p re se ntation and th e Technical Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re herein
Slide 21: Corporate Funding and Listing Plans
CORPORATE FUNDING AND LISTING PLANS PHOENIX METALS
Slide 22: 2 Year Exploration and Corporate Budget
Phoenix Metals 2 Year Exploration and Corporate Budget* Drill program – 55,285 m $23.9M Mapping, Sampling, & Data Compilation $1.0M Metallurgical Testing $0.4M Technical studies and Mineral Resources Update $1.1M Care, Maintenance, Environment $1.5M Capital Costs $2.5M General & Administrative Expen
Slide 23: Pre-IPO Ownership and Capitalization Summary
PRE-IPO FD OWNERSHIP (%) Ownership % CAPITALIZATION SUMMARY Indian Mining Company* 10% Units Pre-IPO 23% JDS Resources* 13% Chris Lodder MacLachlan Investments* Basic Shares Outstanding M 52.9 5% Sean Roosen Warrants M Nil 11% Monte Oro* 7% Beedie Capital FD Shares Outstanding M 52.9 10% 10% Mgmt &
Slide 24: Additional Information on Potential Quantity and Grade of Exploration Targets
ADDITIONAL INFORMATION CONCERNING THE POTENTIAL QUANTITY AND GRADE OF EXPLORATION TARGETS The disclosed potential ranges of quantity and grade for both the Lexington open pit/bulk tonnage exploration target, of 150 –200 Mt grading 0.25–0.50% Cu and 0.3–0.5 g/t Au, and the Lexington underground explo
Slide 25: Additional Information Concerning Mineral Resource Estimates
ADDITIONAL INFORMATION CONCERNING MINERAL RESOURCE ESTIMATES The Mineral Resource Estimates referred to in this presentation and the Technical Report for the Lexington-Grenoble, Golden Crown and Deadwood Deposits of the Company’s Greenwood Project have been updated from the Mineral Resource Estimate