Sailfish Royalty Corp. · TSXV:FISH
Sailfish Royalty — Investor Presentation (December 2021)
31 slides from Sailfish Royalty's investor presentation, December 2021
Slide 1: Corporate Presentation
Corporate Presentation TSXV: FISH December 2021 OTCQX: SROYF 1
Slide 2: Forward-looking Statements
Forward-looking Statements 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, is not guaranteed as to its accuracy or completeness. The contents of th
Slide 3: Technical and Third-Party Information
Technical and Third-Party Information TECHNICAL AND THIRD-PARTY INFORMATION This presentation includes market, industry and economic data which was obtained from various publicly available sources and other sources believed by Sailfish to be true. Although Sailfish believes it to be reliable, it has
Slide 4: Company Overview
Company 01 Overview Section
Slide 5: Sailfish is a precious metals royalty and streaming company
Sailfish is a Precious metals Portfolio of royalties and a silver property precious focus • Cash flowing stream on a high-grade gold mine in Nicaragua with NSR on surrounding land package metals royalty Exposure to gold and silver only • NSR on an advanced stage gold project in Nevada and streaming
Slide 6: Sailfish is backed by a well-funded investor with a successful track record
Capital Structure Sailfish is backed by a well-funded investor with a successful track record in the resources sector Ownership (Fully Diluted) (2) TSX-V / OTCQX listings FISH / SROYF Price (1) C$1.49 High – Low (52 weeks) (1) C$1.54 – C$1.00 Other, 27.2% Shares outstanding 73.0 million Wexford Capi
Slide 7: Investment Highlights
Investment Highlights Cash flow growth from the San Albino gold stream, with a silver property being prepared for spinout and capital being returned to shareholders 01. Increasing cash flow 02. Maximizing value 03. Significant optionality Cash flow is set to increase as deliveries from Preparing the
Slide 8: Return of capital to shareholders
Return of capital to shareholders In addition to three consecutive NCIBs, Sailfish now has an industry-leading dividend yield Of all the publicly traded precious metals royalty companies, only eight pay a dividend (including Sailfish) and only three yield above 1.5% 5.0% 4.3% 4.0% 3.0% 2.1% 2.1% 2.0
Slide 9: Corporate Timeline
2014-16 2017 2018 Corporate Timeline February 27, 2014 June 28, 2017 January 2, 2018 Incorporated as a wholly-owned Entered into a definitive agreement with Commenced trading on the TSX-V under symbol “FISH” Sailfish has been an subsidiary of a predecessor of Mako two individuals that held a 3.5% NS
Slide 10: Management Team
Management Team Inline with the strategy of Cesar Gonzalez Co-Founder, CEO and Director Akiba Leisman Co-Founder and Executive Chairman keeping G&A to a Cesar Gonzalez co-founded and serves as the CEO and a Director of Akiba Leisman co-founded and serves as the Executive Chairman of Sailfish Royalty
Slide 11: Royalty Companies Are Gold Investments That Work
Equal weighted royalty portfolio (FNV, WPM, RGLD, SSL) (1) Gold (GLD) Gold equities (GDX) 600 500 Royalty 400 Companies 300 Are Gold 200 Investments 100 That Work 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1. These four companies were selected as they were the largest pr
Slide 12: Asset Overview
Asset 02 Overview Section
Slide 13: Total Asset Portfolio
Total Asset Portfolio Ability to invest globally, with a focus on the Americas A diverse portfolio of precious metals royalties, including a stream, and a silver property Spring Valley Nevada, USA Up to 3% NSR and other royalties on the multi-million ounce Spring Valley gold project Moonlight Nevada
Slide 14: San Albino & Spring Valley
Restructured San Albino Gold Stream (“New SA Stream”) • A gold stream equivalent to a 3% NSR on the San Albino gold mine and the current AOI (3.5 sq. km) and a 2% NSR on a 134.5 sq. km area surrounding the AOI Main Assets • Commercial production declared July 1, 2021 (1) San Albino & • San Albino is
Slide 15: San Albino Gold Stream Restructuring
Location Map San Albino Gold Stream Restructuring The restructuring provided exposure to a highly prospective gold district that was previously excluded MKO Properties • The historical SA Stream AOI was only on 3.5 sq. km or ~2.5% of Mako’s total landholdings in Nicaragua • A key component to the Ne
Slide 16: Gavilanes Silver Property – Updated Resource
Gavilanes Silver Property – Updated Resource NI 43-101 Mineral Resource Estimate (100 g/t AgEq cut-off): (1) (2) “this updated mineral resource estimate places Gavilanes among the highest-grade silver ex ploration projects in Mex ico and is a key milestone in the planned spinout of the asset. We are
Slide 17: Asset Profiles
Asset 03 Profiles Section
Slide 18: Gavilanes
Location Status Operator San Dimas mining Early stage Sailfish Royalty district, Durango exploration Corp. State, Mexico Property Description Low-sulphidation epithermal deposit located in the San Dimas mining district of Durango, Mexico, ~23 km northeast of the San Dimas mine Gavilanes owned and op
Slide 19: San Albino
Location Status Operator Nueva Segovia, Commercial Mako Mining Corp. Nicaragua production declared July 1, 2021 (1) Mine Average Royalty Type Annual Stream equivalent Open pit Production to a 3% NSR (2) San Albino Not yet specified Stream equivalent to a 3% NSR on a high-grade gold mine Site Constru
Slide 20: San Albino
Location Status Operator Nueva Segovia, Exploration drilling Mako Mining Corp. Nicaragua Mine Average Royalty Type Annual 2% NSR (2) Not yet specified, Production San Albino but potential for both open pit and Not yet specified underground 2% NSR on a district-scale land package Exploration Activiti
Slide 21: Spring Valley
Claim boundaries are approximate and for Location Status Operator illustrative purposes only Pershing Country, Pre-feasibility stage Waterton Global Nevada, USA project Resource Management Mine Average Royalty Type Annual Up to 3% NSR on Production Spring Valley Open pit majority of the current gold
Slide 22: Spring Valley
Claim boundaries are approximate and for Location Status Operator illustrative purposes only Pershing Country, Pre-feasibility stage Waterton Global Nevada, USA project Resource Management Mine Average Royalty Type Annual 1.5% NSR on the Production north/northeast Spring Valley Open pit Not yet spec
Slide 23: Spring Valley
Claim boundaries are approximate and for Location Status Operator illustrative purposes only Pershing Country, Pre-feasibility stage Waterton Global Nevada, USA project Resource Management Mine Average Royalty Type Annual 0.5% NSR within a Production one-half mile radius Spring Valley Open pit Not y
Slide 24: El Compas
Location Status Operator 1 km south of Mining operations Endeavour Silver Zacatecas City, suspended (1) Corp. Zacatecas State, Mexico Mine Average Royalty Type Annual 1.5% NSR, on the Underground / Production majority of the El Compas flotation CIP ~135,000 oz. Ag / concessions, including those ~11,
Slide 25: Moonlight
Location Status Operator Pershing Country, Early stage Waterton Global Nevada, USA exploration Resource Management Claim boundaries are approximate and for Mine Average Royalty illustrative purposes only Type Annual Up to 2% NSR on Not yet specified, Production Moonlight property, Moonlight but pote
Slide 26: La Cigarra
Location Status Operator Parral Silver District, Early stage Kootenay Silver Inc. Chihuahua State, exploration Mexico Mine Average Royalty Type Annual 1% NSR, on the Parral Not yet specified, Production 2 claim, which La Cigarra but potential for open pit Not yet specified surrounds the main claims
Slide 27: Appendix
04 Appendix Section
Slide 28: San Albino Mineral Resources
San Albino Mineral Resources (1) October 19, 2020 NI 43-101 Mineral Resource Summary (1) Cutoff grade Au Au Au Ag Ag Classification Tonnes (g/t) (g/t) (oz) (g/t) (oz) Measured Fully Diluted* 114,700 11.78 43,400 17.5 64,700 Open Pit (1) Indicated Fully Diluted* 196,200 8.25 52,000 15.6 98,500 M&I Fu
Slide 29: Spring Valley Project Map
Spring Valley Project Map (1) The Spring Valley royalties (red, green and blue claims) cover the entirety of the project 1. Claim boundaries are approximate and for illustrative purposes only. 29
Slide 30: Spring Valley Mineral Resources
Spring Valley Mineral Resources (1) Historical NI 43-101 Mineral 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 1. The sourc
Slide 31: Thank you!
Thank you! Location: Telephone: Investor Sailfish Royalty Corp. +1 284-494-6401 Relations: Sea Meadow House Deborah Honig Adelaide Capital P.O. Box 116 Email: Road Town, Tortola +1 647-203-8793 info@sailfishroyalty.com British Virgin Islands VG1110 deborah@adcap.ca 31
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