A Premier Uranium Explorer in Canada’s Athabasca Basin OCT.2016 | TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium .com
A Premier Uranium Explorer in Canada’s Athabasca Basin Disclaimer: This Presentation has been prepared by ALX Uranium Corp. (“ALX”) using its best efforts to realistically and factually present the information contained. However, subjective opinion, dependence upon factors outside ALX’s control and outside information sources unavoidably dictate that ALX cannot warrant the information contained to be exhaustive, complete or sufficient. In addition, many factors can affect the Presentation which could significantly alter the results intended by ALX, rendering the Presentation unattainable or substantially altered. Therefore, interested Users should conduct their own assessment and consult with their own professional advisors prior to making any investment decisions. This Presentation does not constitute a prospectus or public offering for financing, and no guarantees are made or implied with regard to the success of ALX’s proposed ventures. Interested investors are advised to seek advice from their investment advisors. Technical information has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the Company by Neil McCallum P.Geo., a Qualified Person. TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 2
A Premier Uranium Explorer in Canada’s Athabasca Basin About ALX Uranium ALX Uranium Corp. is a premier uranium exploration company focused on the Athabasca Basin in Saskatchewan, Canada. It was formed as a result of a merger between Lakeland Resources Inc. and Alpha Exploration Inc. in 2015. The Athabasca Basin The World’s Most Prolific Uranium Area. • High Grades • Infrastructure Low Geopolitical Risk • TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 3
A Premier Uranium Explorer in Canada’s Athabasca Basin Investment Highlights • Team with technical and capital markets strength • Tier 1 asset base, large scale presence in the Basin • Active fieldwork for several properties • Drill ready targets on multiple properties • Relative value vs. Athabasca Basin comparables TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 4
A Premier Uranium Explorer in Canada’s Athabasca Basin Corporate Structure: Officers, Directors and Management Jon Armes, B.A.Sc. Shares Outstanding: 65,151,422 President, CEO & Director Benjamin Ainsworth, MA (Oxon), PEng BC. Stock Options: 5,500,000 Director Warrants: 12,817,821 Warren Stanyer (as of August 01, 2016) Director Jody Dahrouge, B.Sc., Sp.C., P. Geol. Director Steve Khan, BSc, MBA, CFA Director Dr. Howard Haugom, BA, MA, Ph.D Strong board/team with a Director R. Sierd Eriks, P. Geo successful track record in VP Exploration uranium exploration, Charles Roy, P. Eng., P. Geo Chairman Technical Committee marketing, finance and Lon Shaver, CFA Advisory Board governance. Jody Bellefleur, CGA Chief Financial Officer Frances Petryshen Corporate Secretary TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 5
A Premier Uranium Explorer in Canada’s Athabasca Basin New nham Lake Hook-Carter Kelic Lake Lazy Edw ard Bay TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 6
A Premier Uranium Explorer in Canada’s Athabasca Basin Hook-Carter Property • 100% owned • 16,808 Hectares over 28 claims • Located at the northern end of the Patterson Lake, Derkson and Carter structural trends • Recent target definition exploration: • Airborne EM, airborne gravity gradiometer survey, ground-EM Survey. • Radiochemical interpretation (Peridot Geoscience) • Three distinct structural trends, hosting numerous new and expanding discoveries including: Triple R (Patterson Lake South) PLS Deposits* 81 million lbs @ 1.83% U 3 O 8 (Indicated) 27 million lbs @ 1.57% U 3 O 8 (Inferred) Arrow Deposit** 202 million lbs @ 2.63% U 3 O 8 (Inferred) Spitfire Zone*** 10 metres @ 10.3% U 3 O 8 (drill hole HK16-53) TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 7
A Premier Uranium Explorer in Canada’s Athabasca Basin Hook-Carter Property Image: ALX Local phase of the residual total magnetic field ALX • An observation has been made that deposits in the PLS district are located at the cross-cutting structures along the structural corridor. ALX • Similar disruptions at the regional scale magnetics are also observed on the ALX property along the ALX Patterson Lake Corridor and the other parallel structural corridors Spitfire Zone Arrow Deposit Target Areas Triple R Deposit TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 8
A Premier Uranium Explorer in Canada’s Athabasca Basin Hook-Carter Property Drill Targets • Several target areas were defined by a 2014 Condor Consulting interpretation report that focused on recent airborne EM and magnetic geophysics. • (blue outlines) • A 2016 interpretation report by Peridot Geoscience Ltd. identified several high-priority geochemical and radiochemical targets. • (red outlines) TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 9
A Premier Uranium Explorer in Canada’s Athabasca Basin Newnham Lake Property • 100% owned • 11,737 Hectares over 8 claims • Located at the northeastern corner of the Athabasca Basin DDH 90: 0.10% • Historic work by SMDC (predecessor of Cameco) U 3 O 8 over 60 cm in the 1980’s showed anomalous uranium in sediments and drill holes 2015 Radon • The property covers two trends of prospective anomaly graphitic meta-pelite rocks in the basement. • The depth to basement is relatively shallow (less than 100 metres) DDH 66: 0.20% • Recent target definition exploration: U 3 O 8 over 20 cm • Airborne EM, airborne gravity gradiometer survey, ground-EM Survey. • Ground gravity and radon survey (2015) • Radiochemical interpretation (Peridot Geoscience) in progress TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 10
A Premier Uranium Explorer in Canada’s Athabasca Basin Lazy Edward Bay Property • 100% owned • 28,968 Hectares over 41 claims • Located at the southern edge of the Athabasca Basin • Historic work by SMDC (predecessor of Cameco) in the 1980’s showed anomalous uranium in sediments and drill holes • Follow up work by JNR Resources in 2006-2007 • The property covers several trends of DDH LE-1: 224 ppm prospective graphitic meta-pelite rocks in the U 3 O 8 over 50 cm DDH LE-50: 908 ppm basement. U 3 O 8 over 30cm • The depth to basement is relatively shallow (less than 200 metres) • Recent target definition exploration: 2016 Radon • Airborne EM, airborne gravity gradiometer anomaly survey, ground-EM Survey. • Radon-in-water survey (2016) • Radiochemical interpretation (Peridot Geoscience) TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 11
A Premier Uranium Explorer in Canada’s Athabasca Basin Kelic Lake Property • 100% owned • 10,056 Hectares over 6 claims • southern margin of the Athabasca Basin • Relatively shallow depth, approximately 190m from surface to the unconformity at the target • Initial exploration defined drill target on conductor “C”, consisting of elevated radon, airborne gravity, VTEM and ground-based Time- domain EM • Recent exploration: • 6 holes over 1,800m of drilling, tested high- priority conductor “C”. First drill program to test the conductor. Targets remain for follow-up drilling. TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 12
A Premier Uranium Explorer in Canada’s Athabasca Basin Make Contact ALX URANIUM INC. Phone: 604.681.1568 Toll Free: 1.877.377.6222 www.alxuranium.com Roger Leschuk, CIM, FCSI Manager, Corporate Communications Phone: 604.681.1568 rleschuk@alxuranium.com TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com 13
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