Phoenix Metals Corp. · TSX:PCA
Phoenix Metals — IPO Roadshow (May 2026)
26 slides from Phoenix Metals's IPO roadshow presentation, May 20, 2026
Slide 1: Strictly Private and Confidential
STRICTLY PRIVATE AND CONFIDENTIAL A prelim inary prospect us cont aining import ant inform ation relati ng t o t he securit ies descri bed in this docum ent has been f ile d wit h t he securi ties regulat ory authorit ies in each of t he provinces [and territories] of Canada, except Québec, and is a
Slide 2: General and Accuracy of Information
Gener al a nd Acc ur acy of Inform ation A pre limi nary pro spectus (the “Pro spectus”) con ta ini ng imp ortant inform ation re latin g to the se curitie s (the “Se curitie s”) o f Phoe nix Me ta ls Corp . (the “C ompa ny”) descri bed i n th is docu men t ha s b een fil ed wi th the se curitie s r
Slide 3: Exploration target cautionary note
Thi s target remai ns concept ual in nature, t here has been insuff ici ent explorat ion t o def ine a m ineral resource with respect t o this t arget, and it is uncertain if f urt her exploration will result i n t his target being delineat ed as a mi neral resource. . References t o ot her mi neral
Slide 4: Management biography: Mr. Cartwright
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 5: Founders and leadership biographies
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 ui ty firm in 200 3 afte r over 12 an d mine de ve lop me nt with majo r and ju nio r min ing
Slide 6: 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 7: Exploration target
Thi s target remai ns concept ual in nature, t here has been insuff ici ent explorat ion t o def ine a m ineral resource with respect t o this t arget, and it is uncertain if f urt her exploration will result i n t his target being delineat ed as a mi neral resource. . References t o ot her mi neral
Slide 8: 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 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 target
Thi s target remai ns concept ual in nature, t here has been insuff ici ent explorat ion t o def ine a m ineral resource with respect to thi s target , and it is uncert ain if f urther explorat ion wil l result in t his target being delineat ed as a mi neral resource. . References t o ot her mi nera
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: 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 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 abou t the scientific and techn ical d iscl osure he re in
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 Report for furthe r disclosure about the sci enti fic and techni ca l di sclo su re 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: Phoenix Metals 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 Basic Shares Outstanding M 52.9 MacLachlan Investments* 5% Sean Roosen Warrants M Nil 11% Monte Oro* 7% Beedie Capital FD Shares Outstanding M 52.9 10% 10% Mgmt &
Slide 24: Offering Summary
Issuer Phoenix Metals Corp. (the “Company”) Offering Initial public offering (the “Offering”) Class A common shares of the Company (the “Offered Offered Securities Securities”) Offering Size To be determined Offering Price To be determined Up to 15% of the Offered Securities sold pursuant to the Ove
Slide 25: Additional Information Concerning 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 26: 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