Okapi Resources : Investor Presentation - 121 Conference New York

only
Corporate Presentation
121 Conference - New York
use
Andrew Ferrier
ersonal
Managing Director
		okapiresources.com
	June 2022	ASX:OKR OTC:OKPRF

Disclaimer

This presentation prepared by Okapi Resources Limited ("Company") does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company.

onlyYou should not treat the contents of this presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the presentation and make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute discretion (without incurring any obligation to do so). To the maximum extent permitted by law, none of the Company its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever.

useForward Looking Statements

This presentation may contain forward looking statements that are subject to risk factors associated with mineral exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. This presentation also contains reference to certain intentions, expectations, future plans, strategy and prospects of the Company. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be

ersonalmet or on which views may differ and may be affected by known and unknown risks. In particular, there is a risk that the Company will not be able to expand or upgrade its existing JORC resource. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company's actual future results, performance or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. The Company does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. The forward-looking statements are made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward looking statements, whether as the result of new information, future events or esults or otherwise.

Competent Person's Statement

The information in this announcement that relates to the Mineral Resources for the Tallahassee Uranium Project is based on information compiled by Ms. Kira Johnson who is a Qualified Professional member of the Mining and Metallurgical Society of America, a Recognized Professional Organization (RPO) for JORC Competent Persons. Ms Johnson compiled this information in her capacity as a Senior Geological Engineer of Tetra Tech. Ms Johnson has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity that she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Ms. Kira Johnson consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.

The information in this announcement that relates to database compilation and exploration results at the Tallahassee Uranium Project, in particular, Section's 1 and 2 of Table 1 in Appendix 2, and geology, exploration results, historic Mineral Resource estimates for other projects is based on information reviewed by Mr Ben Vallerine. Mr Vallerine is a shareholder and Technical Director of Okapi Resources Limited. Mr Vallerine is a member of The Australian Institute of Geoscientists. Mr Vallerine has sufficient experience that is relevant to the style of mineralisation under consideration as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting on Exploration Results, Mineral resources and Ore Reserves". Mr Vallerine consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement of 7 April 2022 (titled "Agreement Executed to Acquire 51% of High- Grade Hansen Uranium Deposit - JORC Resource Increased 81% to 49.8 Mlb U3O8"). The Company confirms that all material assumptions and technical parameters underpinning the estimates in the 7 April 2022 announcement continue to apply and have not materially changed.

Refer to the Company's ASX announcement dated 7 April 2022 titled "Agreement Executed to Acquire 51% of High-Grade Hansen Uranium Deposit - JORC Resource Increased 81% to 49.8 Mlb U3O8" for full details of the Tallahassee Uranium Project's JORC 2012 Mineral Resource estimate.

Refer to the Company's ASX announcement dated 9 November 2021 titled "Okapi to acquire High-Grade Uranium Assets - Athabasca Basin" for the JORC details of the Athabasca Projects and other historical information. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement of 9 November 2021.

Refer to the Company's ASX announcement dated 14 September 2021 titled "Okapi Acquires Historical Sunnyside Uranium Mine" for further details and other historical information. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement of 14 September 2021.

Refer to the Company's ASX announcement dated 16 September 2021 titled "Outstanding Drill Results at the Enmore Gold Project, NSW" for the full drilling results including the JORC tables 1 and 2. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement of 16 September 2021.

Refer to the Company's ASX announcements dated 1 June 2022 and 10 March 2022 for full details in relation to the rock chip assay results at Rattler Uranium Project. The Company confirms that it is not aware of any new information or data that materiality affects the information included in the original market announcement of 1 June 2022 and 10 March 2022.

OKRASX

2

Okapi Resources

Leading North America to a
onlycarbon-free future.
use
ersonal	PORTFOLIO	STRATEGY	TEAM
Okapi has large, high-quality	Strategy is to create value	Management team with
	uranium assets in North	through accretive acquisitions,	significant experience in
	America.	high-impact exploration and	uranium in North America with
		project development amid a	expertise in M&A and
		uranium renaissance.	development.

OKRASX

3

Board & Management

only	MANAGEMENT
	Andrew Ferrier CFA	• 15 years' experience mining and capital markets.
	Managing Director	Previously held senior roles for Pacific Road Capital,
		a large mining-focused private equity investment
		firm where he worked for 12 years across USA,
		Canada and Australia.
use
Leonard Math	• Chartered Accountant with more than 15 years of
	Executive Director	resources industry experience.
	and Company
	Secretary	• Experienced with public company responsibilities
		including ASX and ASIC compliance, control and
		implementation of corporate governance,
		statutory financial reporting and shareholder
ersonal		relations.
Alan Roberts	• 30 years' experience in exploration, development
	Country Manager	and production in precious & base metals, rare-
		earths, uranium, coal, and oil & gas.
		• Consulted on projects throughout the U.S.A.
		including Alaska, Canada and Africa.
		• Managed extensive Uranium exploration programs
		on projects in Utah, Wyoming and Arizona.

BOARD OF DIRECTORS

Brian Hill	• 35 years plus mining experience around the world with
Non-Executive	extensive track record in mergers and acquisitions, due
Chairman	diligence, corporate and social governance.
	• Served as Executive Vice President Operations at
	Newmont Mining Corporation with global responsibility
	for health & safety, sustainability and external relations.
Ben Vallerine	• Qualified geologist with 20 years' experience including
Director	six years as Head of Exploration (USA) for Black Range
	Minerals where he gained considerable experience in
	the identification, acquisition and exploration of
	uranium assets.

ADVISORY COMMITTEE

Jim Viellenave	• Over 40 years of development and operation of, and
Consultant	consulting to, the mining industry in the U.S., involving
	uranium, gold, phosphates, base metals, and industrial
	minerals.
	• Led development and resource expansion of the Reno
	Creek ISR Uranium project in Wyoming to status of fully
	permitted and ready for construction.

OKRASX

4

Corporate Snapshot

Share distribution

Share price

only$0.26

52 week high $0.79, low $0.16

3 June 2022

Shares on issue

use117.1m

3 June 2022

Debt

Nil ersonal

Market capitalisation

$30.4m

3 June 2022

Cash & cash equivalents

$2.4m

31 March 2022

9%

30%

50%

11%

Board & management Tallahassee Project

HNW & Retail		Vendors
	Balance

OKRASX

5