Tnr Gold Corp. · TSXV:TNR

Tnr Gold — Investor Presentation (May 2026)

55 slides from Tnr Gold's investor presentation, May 2026

  1. Slide 1: The Power of Discovery: Los Azules Copper NSR Royalty Holding with McEwen Inc.

    The Power of Discovery Los Azules Copper NSR Royalty Holding with McEwen Inc.

  2. Slide 2: Building The Green Energy Metals Royalty and Gold Company

    The Power of Discovery Building The Green Energy Metals Royalty and Gold Company

  3. Slide 3: Introducing GEM Royalty TNR Gold Corp.

    Introducing GEM Royalty TNR Gold Corp. “TNR Gold Corp is your gateway to the green energy revolution and gold stability! We're building a leading green energy metals royalty and gold company, offering a unique entry into the supply chains powering the energy transition. With a 1.5%* NSR royalty on t

  4. Slide 4: The End of the ICE Age. rEVolution

    ► The End of the ICE Age. rEVolution TSXV: TNR www.tnrgoldcorp.com 4

  5. Slide 5: Cautionary Statement Regarding Forward-Looking Information of TNR Gold Corp.

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION OF TNR GOLD CORP. (“TNR”) Certain of the statements made in this Presentation may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canad

  6. Slide 6: There is NO Gold 2.0, There are Over 5,000 Years of History with Gold

    ► There is NO Gold 2.0, There are Over 5,000 Yeas of History with Gold TSXV: TNR www.tnrgoldcorp.com 6

  7. Slide 7: Cautionary Note to US Investors

    CAUTIONARY NOTE TO US INVESTORS Mineral Reserves and Mineral Resources - The terms "mineral reserve", "proven mineral reserve" and "probable mineral reserve" referred to in the Company's disclosure are Canadian mining terms as defined in accordance with National Instrument 43-101 -Standards of Discl

  8. Slide 8: Green Energy Metals: Tesla Nicola rEVolution and Gold

    ► Green Energy Metals: Tesla Nicola rEVolution and Gold TSXV: TNR www.tnrgoldcorp.com 8

  9. Slide 9: Introducing GEM Royalty TNR Gold Corp.

    Introducing GEM Royalty TNR Gold Corp. “Our business model provides a unique entry point in the creation of supply chains for critical materials like energy metals that are powering the Energy rEVolution, and the Gold industry that is providing the ultimate hedge for this stage of the economic cycle

  10. Slide 10: There is NO Gold 2.0, There are Over 5,000 Years of History with Gold

    ► There is NO Gold 2.0, There are Over 5,000 Yeas of History with Gold TSXV: TNR www.tnrgoldcorp.com 10

  11. Slide 11: Leadership

    LEADERSHIP Board of Directors Management Kirill Klip, MBA – Executive Chairman Kirill Klip, MBA – President and CEO John Davies Maurice Brooks, B.Sc., FCA (ICAEW) – CFO Konstantin Klip, B.A. Konstantin Klip, B.A. – Vice President, Corporate Development Leopold Sutton, M.A., CGMA Nancy La Couvée – Co

  12. Slide 12: Corporate Culture

    CORPORATE CULTURE Project Portfolio Strategic energy metals focus: lithium and Experienced Management Team Management copper Precious metal assets: gold and silver Strong ownership by insiders and management Proven Business Model Identify and acquire projects at an early stage Selectively advance pr

  13. Slide 13: Global Assets

    Shotgun Gold GLOBAL ASSETS Project London CURRENT HOLDINGS Mariana Lithium Project, Argentina • TNR holds 1.5%* NSR Royalty on Mariana Lithium • 100% owned by Ganfeng Lithium Los Azules Copper Project, Argentina • Cu-Au-Ag deposit Vancouver • TNR holds 0.4%* NSR Royalty • 100% owned by McEwen Mining

  14. Slide 14: TNR Gold Announces TSX Venture Exchange Conditional Approval of Altius Strategic Investment

    ► TNR Gold Announces TSX Venture Exchange Conditional Approval of Altius Strategic Investment TSXV: TNR www.tnrgoldcorp.com 14

  15. Slide 15: GEM Royalty Business Model

    GEM Royalty Business Model Royalty and Streaming Companies • Not responsible for costly infrastructure, so huge capital and operating expenses can be avoided. • Hold highly diversified portfolio of royalties on mines and other assets, helping to mitigate concentration risk. • Have a high revenue per

  16. Slide 16: TNR Gold GEM Royalty Portfolio

    TNR Gold GEM Royalty Portfolio Project Name Metals Operator Royalty Type Mariana Lithium Lithium & Potash Ganfeng Lithium 1.5% NSR* Los Azules Copper, Gold & Silver McEwen Mining 0.4% NSR** Josemaria Copper, Gold & Silver Lundin Mining 7% Net Profits Royalty*** * * TNR Gold holds a 0.15% NSR on beha

  17. Slide 17: Assets: Copper

    ASSETS ► Copper “Red metal goes green during Energy rEVolution” Visual Capitalist TSXV: TNR www.tnrgoldcorp.com 17

  18. Slide 18: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 18

  19. Slide 19: Los Azules Copper Project Update, McEwen Mining

    ► Los Azules Copper Project Update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 19

  20. Slide 20: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 20

  21. Slide 21: Los Azules Copper Project Update, McEwen Mining

    ► Los Azules Copper Project Update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 21

  22. Slide 22: Los Azules Copper Project Update, McEwen Mining

    ► Los Azules Copper Project Update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 22

  23. Slide 23: NSR Royalty Update: McEwen Copper Secures Environmental Permit for Los Azules

    ►TNR Gold NSR Royalty Update – Los Azules Copper, Gold and Silver Project: McEwen Copper Secures Environmental Permit for Construction and Operation of Los Azules TSXV: TNR www.tnrgoldcorp.com 23

  24. Slide 24: NSR Royalty Update: Los Azules Feasibility Study Confirms Economically Robust Project

    ► TNR Gold NSR Royalty Update – Los Azules Feasibility Study Confirms Economically Robust Copper Project With Leading ESG Performance TSXV: TNR www.tnrgoldcorp.com 24

  25. Slide 25: NSR Royalty Update: Los Azules Feasibility Study Confirms Economically Robust Project

    ► TNR Gold NSR Royalty Update – Los Azules Feasibility Study Confirms Economically Robust Copper Project With Leading ESG Performance Vancouver, British Columbia – October 10, 2025: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is pleased to announce that McEwen Inc. (“McEwen”) ha

  26. Slide 26: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 26

  27. Slide 27: Los Azules Feasibility Study: Qualified Persons and Technical Aspects

    ► TNR Gold NSR Royalty Update – Los Azules Feasibility Study Confirms Economically Robust Copper Project With Leading ESG Performance Qualified Persons The McEwen Copper feasibility study technical report has an effective date of September 3, 2025. The feasibility study and associated news disclosur

  28. Slide 28: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 28

  29. Slide 29: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 29

  30. Slide 30: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 30

  31. Slide 31: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 31

  32. Slide 32: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 32

  33. Slide 33: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 33

  34. Slide 34: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 34

  35. Slide 35: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 35

  36. Slide 36: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 36

  37. Slide 37: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 37

  38. Slide 38: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 38

  39. Slide 39: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 39

  40. Slide 40: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 40

  41. Slide 41: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 41

  42. Slide 42: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 42

  43. Slide 43: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 43

  44. Slide 44: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 44

  45. Slide 45: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 45

  46. Slide 46: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 46

  47. Slide 47: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 47

  48. Slide 48: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 48

  49. Slide 49: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 49

  50. Slide 50: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 50

  51. Slide 51: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 51

  52. Slide 52: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 52

  53. Slide 53: Los Azules Copper Project Update, McEwen Inc.

    ► Los Azules Copper Project Update, McEwen Inc. TSXV: TNR www.tnrgoldcorp.com 53

  54. Slide 54: Los Azules Summary

    ► Los Azules Summary Argentina is open for business Los Azules deposit is massive 100% owned by McEwen Copper TNR holds 0.4%* NSR royalty FS shows favorable results Project is moving forward Increased Value for TNR Gold! * See page 16 TSXV: TNR www.tnrgoldcorp.com 54

  55. Slide 55: Contact Us Today

    CONTACT US TODAY We welcome your inquiries Investor Relations Hub Joint Venture https://tnrgoldcorp.com/investors/ Partnerships IR@tnrgoldcorp.com 1120 – 789 West Pender St., Vancouver, BC, Canada, V6C 1H2 Phone: +1 604-229-8129 Fax +1 604-229-8150 www.tnrgoldcorp.com Financing May 2026 TSXV: TNR ww

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