Sailfish Royalty Corp. · TSXV:FISH
Sailfish Royalty — Merger or Acquisition (June 2019)
13 slides from Sailfish Royalty's merger presentation, Jun 20, 2019
Slide 1: Terraco Acquisition
_ SAILFISH ROYALTY CORP. TERRACO i ACQUISITION AS ANNOUNCED JUNE 20, 2019
Slide 2: Disclaimer, Forward-Looking Information, Technical and Third Party Information & Qualified Persons
Disclaimer, Forward-Looking Information, Technical and Third Party Information & Qualified Persons DISCLAIMER Certain information contained herein, other than information relating to Sailfish Royalty Corp. (“Sailfish” or the “Corporation”), while obtained from sources which we believe are reliable,
Slide 3: Value Proposition of the Pro Forma Company
Value Proposition of the Pro Forma Company The proposed transaction delivers on Sailfish’s promised growth-oriented strategy • Pro forma company will hold an array of precious metals royalties, ranging from the exploration stage through to production • Geographic diversification of the combined roya
Slide 4: Transaction Overview
Transaction Overview (1) A friendly transaction with support from Terraco insiders representing ~13.3% of shares outstanding • Plan of Arrangement under which Sailfish will acquire 100% of the outstanding shares of Terraco Gold Corp. (“Terraco”) Transaction • Unanimously recommended by the Boards of
Slide 5: Benefits for All Shareholders
Benefits for All Shareholders Both sets of shareholders set to benefit from a more robust growth platform Benefits to Sailfish Shareholders Benefits to Terraco Shareholders • Gain exposure to a potential tier one gold project • ~53% premium to Terraco shareholders (1) • Nevada is a world-class minin
Slide 6: Re-Rating Potential
Re-Rating Potential The proposed transaction positions Sailfish to fill the void in the junior peer group following the recent growth of Maverix Metals Inc. and Metalla Royalty and Streaming Ltd. + 40 Sandstorm 35 Advanced Royalties & Streams* 30 Osisko Royalties 25 Maverix 20 Metalla Altius 15 Angl
Slide 7: Spring Valley (red claims)
AS S E T P R O F I L E LOCATION Pershing Country, Nevada, USA Spring Valley (red claims) (1) (2) STATUS Pre-feasibility stage project Up to 3% NSR on majority of Spring Valley project OPERATOR Waterton Global Resource Management MINE TYPE Open pit AVERAGE ANNUAL PRODUCTION Not yet specified ROYALTY
Slide 8: Spring Valley (green claims)
AS S E T P R O F I L E LOCATION Pershing Country, Nevada, USA Spring Valley (green claims) (1) (2) STATUS Pre-feasibility stage project 1.5% NSR on north/northeast portion of Spring Valley project OPERATOR Waterton Global Resource Management MINE TYPE Open pit AVERAGE ANNUAL PRODUCTION Not yet speci
Slide 9: Spring Valley (blue claims)
AS S E T P R O F I L E LOCATION Pershing Country, Nevada, USA Spring Valley (blue claims) (1) (2) STATUS Pre-feasibility stage project 0.5% NSR surrounding Spring Valley project OPERATOR Waterton Global Resource Management MINE TYPE Open pit AVERAGE ANNUAL PRODUCTION Not yet specified ROYALTY PERCEN
Slide 10: Moonlight
AS S E T P R O F I L E LOCATION Pershing Country, Nevada, USA Moonlight (1) STATUS Early stage exploration Up to 2% NSR on Moonlight property OPERATOR Waterton Global Resource Management MINE TYPE Not yet specified, but potential for open pit AVERAGE ANNUAL PRODUCTION Not yet specified ROYALTY PERCE
Slide 11: Almaden-Nutmeg Mountain
AS S E T P R O F I L E LOCATION Washington County, Idaho, USA Almaden-Nutmeg Mountain (1) STATUS Past producing mine 100% ownership of Nutmeg Mountain project OPERATOR Terraco Gold Corp. PROPERTY DESCRIPTION Low-sulfidation, epithermal hot spring type system with near surface mineralization amenable
Slide 12: Spring Valley Project Map
Spring Valley Project Map (1) Terraco’s Spring Valley royalties cover the entirety of the project 1. Based on information provided by Terraco. For further information on the Spring Value project, please visit Terraco’s website at www.terracogold.com. Claim boundaries are approximate and for illustra
Slide 13: Spring Valley Resources
Spring Valley Resources (1) Historic 43-101 Resource Summary (+0.006 oz./t Au cut-off): (1) (2) Category Tonnage Au (g/t) Au (Oz.) Measured 68,300,000 0.69 1,510,000 Indicated 133,600,000 0.61 2,610,000 M&I 201,900,000 0.63 4,120,000 Inferred 56,300,000 0.55 990,000 Sailfish is treating this estimat