Investor Presentation SEPTEMBER 2015 TSX-V:PLU FSE:QG1 OTC:PLUUF - PowerPoint PPT Presentation

Investor Presentation SEPTEMBER 2015 TSX-V:PLU FSE:QG1 OTC:PLUUF

Disclaimer The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete. The opinions expressed are based upon our analysis and interpretation and are not to be construed as a solicitation or offer to buy or sell the securities mentioned herein. This presentation includes certain forward-looking statements concerning the future performance of Plateau Uranium's business, operations and financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. Forward-looking statements and forward- looking information include, but are not limited to, statements with respect to estimated production and mine life; the future price of uranium; the estimation of mineral reserves and resources; the realization of mineral resource and reserve estimates; the timing and amount of estimated future production; costs of production; success of exploration activities; and currency exchange rate fluctuations. Except for statements of historical fact relating to Plateau Uranium, certain information contained herein constitutes forward-looking statements. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks, the availability of financing, variations in grades or recovery rates, risks relating to international operations, fluctuating currency exchange rates, changes in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, as described in more detail in the Company's recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and Macusani cautions against placing undue reliance thereon. Neither Plateau Uranium nor its management assume any obligation to revise or update these forward-looking statements. Qualified Persons The scientific and technical information contained in this document relating to preliminary economic assessment was prepared by or under the supervision of, or reviewed and approved by, Mr. Michael Short, B.E., CEng., FIMMM and Dr Thomas Apelt, PhD, CEng., MAusIMM, of GBM Minerals Engineering Consultants, and/or Mr. Mark Mounde, BEng., CEng., MIMMM of Wardell Armstrong International, who are independent technical consultants to the Company and "Qualified Persons" under NI 43-101 Standards of Disclosure for Mineral Projects. The scientific and technical information contained in this document relating to the Mineral Resources was prepared under the supervision of, or reviewed and approved by Mr. David Young, B.Sc. (Hons), FGSSA, FSAIMM, FAusIMM, Pr Sci Nat (No 400989/83) of The Mineral Corporation that is an independent technical consultant to the Company and a “Qualified Person” under NI 43 -101 Standards of Disclosure for Mineral Projects. 2

Investment Highlights • Consolidated Resource in Emerging Uranium District* • 52.9 M lbs U 3 O 8 Measured & Indicated (248 ppm) • 72.1 M lbs U 3 O 8 Inferred (251 ppm) • 75 ppm U cut-off • Robust Resource at Higher Grade Cut-Off * • 32.8 M lbs U 3 O 8 Measured & Indicated (445 ppm) • 45.9 M lbs U 3 O 8 Inferred (501 ppm) • 200 ppm U cut-off • Robust Project Economics** • NPV : $708 M / IRR : 47.5% (pre-tax) • Large Scale: Proposed production of 5.2M lbs U 3 O 8 /year during the first 5 years • Low Cost: <$21/lb estimated cash production cost • Updated PEA Expected Q3/15 : Revised to incorporate the new consolidated resource • Excellent Infrastructure - Roads, inexpensive power, water, etc. • Mining Friendly Jurisdiction - Peru Well-positioned for Uranium sector recovery 3 * See Slide 21 & 22 for resource details from May 2015 news release. ** Jan 2014 Preliminary Economic Assessment – see slides 9 & 10 for details.

Management & Board of Directors Ian Stalker Over 30 years experience in mining development and operations in Europe, Africa, and Australia. Former CEO of UraMin Inc. until its acquisition by Areva in 2007 for US$2.5 billion. Former VP Exploration of Gold Fields Ltd., the fourth Chairman largest gold producer in the world at that time. Over 22 years of experience in the exploration industry, most recent as Director of Corporate Development at Cameco. Ted O’Connor In that role, he was responsible for evaluating, directing and exploring for uranium deposits worldwide. Mr. O’Connor CEO, Director has successfully led new project generation and acquisitions from early exploration through to discovery and delineation on multiple uranium projects globally. CEO & President of Azincourt Uranium for the past 24 months. Founder of Plateau Uranium (formerly Macusani Yellowcake), serving as Managing Director in Peru since Oct. 2007. Dr. Laurence Stefan Stefan previously worked at Gold Fields of South Africa and JCI (Pty) Ltd. with recent years spent mainly on South President & COO, Director American projects. Over 25 years of experience in the investment industry following a career as a geologist, mainly in uranium exploration. Alan Ferry Significant experience in mining analysis, mineral economics and corporate finance. Current Lead Director of Guyana Director Goldfields Inc. and director of Avalon Rare Metals Inc and GPM Metals Inc Marc Henderson Over 20 years of CEO experience. Currently President & CEO of Laramide Resources Ltd. Mr. Henderson previously served as President of Aquiline Resources Inc., prior to being acquired by Pan American Silver in Jan. 2010. Mr. Director Henderson is a Chartered Financial Analyst, and holds an economics degree from the University of Colorado. Richard Patricio Current VP Legal & Corporate Affairs at Pinetree Capital Ltd. Mr. Patricio is responsible for merger and acquisition activity, corporate transactions, compliance, corporate governance and the administration of Pinetree. Mr. Patricio Director received his law degree from Osgoode Hall and was called to the Ontario bar in 2000. Engin Özberk Currently Executive Director & Senior Technical Advisor and Mitacs Industry Executive in Residence – Minerals, with the International Minerals Innovation Institute. Prior to his current role, Engin spent 16 years with Cameco Corporation, Director most recently as Vice President, Technology and Innovation. Over 30 years of experience with financial and venture capital markets in the United States, Canada and Europe. Dennis Higgs Currently serves on the board of Energy Fuels Inc., an integrated uranium producer focused in the United States, Director following its acquisition of Uranerz, where Mr. Higgs was Executive Chairman for 9 years. Experienced, proven and committed 4

Capital Structure Shares 40.6 M Warrants @ $0.80 4.0 M Warrants @ $0.60 3.7 M Options 1.2 M Fully Diluted 49.5 M Market Capitalization (as of 31 Aug 2015) CAD $14.8 M TSX-V: PLU FSE:QG1 5

Consolidating An Emerging Uranium District • Plateau Uranium controls one of the largest undeveloped uranium districts in the world • Located on the Macusani Plateau, Puno, Southern Peru: concessions cover > 1,000 km 2 • District offers exceptional exploration prospects & development potential • Excellent infrastructure: • Access to labour, water and inexpensive hydro-electric power • Transport (major highway runs past properties) Plateau • Plentiful supply of sulfuric acid Uranium • History of mining in the region • Minsur – San Rafael Tin Mine • Minera IRL – Ollachea Gold project • Good government and local community relations 6

Consolidated Land Position • Azincourt acquisition resulted in consolidated >1,000 km 2 land package • One of the largest uranium districts in the 7.5 km radius world • All deposits within 7.5-10 km radius • Plateau controls all known uranium resources in Peru • Significant exploration potential exists throughout district Over 1,000 km 2 of claims holding all known resources in the region 7