JUNE 13 th , 2019 Presented by Kai Hoffmann, CEO We track on over - PowerPoint PPT Presentation

O & M Town Hall Call JUNE 13 th , 2019 Presented by Kai Hoffmann, CEO

We track on over 1,400 Logged +32 500 deals In-house data analyst ▪ ▪ ▪ companies on the TSX, since 2011 Consulting on capital raises ▪ TSX-V, and the CSE Data-driven approach to and ancillary aspects ▪ Provide sector and broker examining financings ▪ reports 2

J U N I O R M I N I N G M A R K E T CAD market cap CAD financing 3

Weighted Index Factors: 1. Total $s of financings opened 2. Percentage of broker participation 3. Total # of deals opened E v e r y M o n d a y i n y o u r i n b o x f r e e s u b s c r i p t i o n a t w w w . o r e n i n c . c o m 4

Cannabis & related Mining companies 221 transactions • $217mn raised • 270 transactions • 60.5% of all trading volume • Technology 18.9% • Mining 11.8% • 76% of the overall capital raised • $3.99bn (!) of a total of $5.22bn • Curaleaf Holdings - $520mn • Acreage Holdings - $416mn • Harvest Health & Recreation - • $288mn Photo: welovecycling.com Source: data published by the CSE on January 15, 2019 5

6 Source: TMX “The Buy Side Report” Q1 2019

7 Source: TMX “The Buy Side Report” Q2 2016

311mn CAD value traded Source: TMX “The Buy Side Report” Q1 2019 8

240 216 100 98 84 47 31 20 2016 2017 2018 2019 # of Brokered Deals # of Bought Deals Source: Oreninc; as of June 6, 2019 9

Total C$s raised 2011 – 2019 YTD* 8.030.202.457 4.818.973.410 4.599.672.255 -40% 4.608.771.065 3.241.719.020 2.757.666.240 2.406.223.411 2.289.669.877 905.304.310 2011 2012 2013 2014 2015 2016 2017 2018 2019 Source: Oreninc; as of June 06, 2019 *includes Common & Flow-Through, ex Oil & Gas & Frack Sand 10

Total # of Deals 2011 – 2019 YTD 1485 1485 1440 1397 1205 1181 240 closed 1008 1005 deals < C$ 1mn 411 2011 2012 2013 2014 2015 2016 2017 2018 2019 Source: Oreninc; as of June 06, 2019 *includes Common & Flow-Through, ex Oil & Gas & Frack Sand 11

Average Deal Size 2011 – 2019 YTD; C$ $5.576.529 $3.292.536 $3.245.100 $3.103.550 $2.743.947 $2.690.223 $2.387.126 $2.202.687 $1.938.755 2011 2012 2013 2014 2015 2016 2017 2018 2019 Source: Oreninc; as of June 06, 2019 *includes Common & Flow-Through, ex Oil & Gas & Frack Sand 12

Jan-Apr 18 7.4% Common vs. Flow-Through $5,00 20,0% Billions $4,50 18,0% 18,7% $4,00 16,0% 15,5% 15,5% $3,50 14,0% $3,00 12,0% 11,1% $2,50 10,0% 10,0% FT $2,00 8,0% C$140.5mn $1,50 6,0% $1,00 4,0% $0,50 2,0% $- 0,0% 2015 2016 2017 2018 2019 Common Flow-Through FT in % of total Source: Oreninc; as of June 06, 2019 13

2018 2019 13% 12% 17% 23% 55% 58% 16% 6% Gold Precious Metals Base Metals Battery Metals Gold Precious Metals Base Metals Battery Metals Precious Metals = Silver, Platinum, PGM, PGE Source: Oreninc; as of June 06, 2019 Base Metals = Nickel, Lead, Zinc, Copper, Iron, Tin Battery Metals = Lithium, Cobalt, Graphite, Vanadium 14

Commodity Overview $1.416.600.331 $504.079.549 $416.376.664 $388.045.603 $266.817.818 $204.594.540 $62.460.030 $49.723.463 Gold Precious Metals Base Metals Battery Metals 2018 2019 15

WHY NOT PARTICIPATE IN A FINANCING TODAY? 16

CASH CA SH CR CRUNCH LO LOOMIN ING ACC CCESS TO FINANCIN INGS FLO LOW – THROUGH Exploration companies financed Few remaining institutional Financing form will remain in 2016 & 2017 are running out of investors will have easy access to extremely important. capital. deal flow, retail less so. Emergence of deal clubs. *Globe and Mail, November 15, 2018

Kai Hoffmann CEO, Oreninc E: hoffmann@oreninc.com @oreninc @oreninc C: +1 604 687 3520 ext. 227 Youtube.com/ @oreninc oreninc Visit our website at: oreninc.com Subscribe to our newsletter at: oreninc.com/subscribe 18

Icon 1 & 2 made by Geotatah from Flaticon • Icon 3 made by icongeek26 from Flaticon • Social media icons by Freepik from • Flaticon 19