Privacy

Forward-Looking Statements. This presentation is strictly confidential and has been prepared by Oakview Property Partners. (“Oakview” or the “Company”) solely for use by a limited number of qualified prospective investors in connection with the consideration of the purchase of common shares of the Company (collectively, the “Securities”) on a private placement basis. Distribution of this presentation to any person other than a prospective investor of Securities and, those persons, if any, retained to advise such prospective investor with respect to this presentation is unauthorized, and any disclosure of any of its contents without the Company’s prior written consent is prohibited. Each prospective investor, by accepting delivery of this presentation, agrees to the foregoing and not to transmit or make any photocopies of, in whole or in part, this presentation or any documents delivered in connection with this presentation except to those persons, if any, retained to advise such prospective investor. The information contained in this presentation has been prepared by the Company and there is no representation or warranty by the Company or any other party as to the accuracy or completeness of the information set forth herein and prospective investors will only be able to rely on the representations and warranties contained in the subscription agreement to be entered into at the time of a sale of the Securities. Except as otherwise stated, information included in this presentation is given as of the date hereof. Neither the delivery of this presentation nor any sale made under the terms described herein shall imply that the information herein is correct as of any date after the date hereof. In making any investment decision, prospective investors must rely on their own examination of the Company and the terms of the Securities, including the merits and risks involved and should not base their decision on whether to invest in the Company upon the material provided herein. Any investment decision involves a high degree of risk and the contents herein are not to be considered as legal, business, or tax advice, and each recipient should consult its own advisors as to any legal, business, tax, or other related matters concerning any investment in the Company, including the legality of any such investment. All dollar amounts referenced herein, unless otherwise indicated, are expressed in Canadian dollars.

This presentation contains “forward-looking information” within the meaning of applicable securities laws in Canada. Forward-looking information may relate to our future outlook and anticipated events or results and includes information regarding Premium Nickel Resources ("PNR") and North American Nickel Inc. ("NAN"), the proposed amalgamation of PNR and NAN, the Company's investment position in PNR and NAN; statements the timing and amount of future exploration and expenditures and the possible results of such exploration; the estimated amount and grade of mineral resources and mineral reserves at the Company’s projects; the estimated amount of future production, both produced and metal recovered, from the Company's projects; life of mine estimates and estimates of operating costs, all-in sustaining costs and total costs, net cash flow, net present value and economic returns from an operating mine constructed at the Company's projects; the advancement of permitting activities and applications related to the Company's projects; and the timing for submitting an Environmental Impact Statement in respect of the Company's projects and all dates that relate to the permitting timeline for the Company's projects. Particularly, information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “an opportunity exists”, “outlook”, “prospects”, “strategy”, “intends”, “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information.

Forward-looking statements in this presentation are based on the opinions and estimates of management as of the date such statements are made and are subject to important risk factors and uncertainties, many of which are beyond the Company's ability to control or predict. Certain material assumptions regarding such forward-looking statements are discussed in this presentation and in addition to, and subject to, such assumptions discussed in more detail elsewhere, the forward-looking statements in this presentation are also subject to the following assumptions: there being no significant disruptions affecting the Company's operations; political and legal developments in jurisdictions where the Company operates, or may in the future operate, being consistent with the Company’s current expectations; the accuracy of the Company’s current mineral reserve and resource estimates; volumes and grades produced from mining being consistent with the Company's management expectations; equipment, labour and materials costs increasing on a basis consistent with the Company’s current expectations; all required permits, licenses and authorizations from the relevant governments and other relevant stakeholders being obtained and maintained; commodity prices and exchange rates being consistent with those estimated by management; no material disruption to the Company's operations or supply chains from COVID 19 or other outbreaks of illness; and growth initiatives delivering to expected timing and production outcomes. Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions, and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. Although we believe that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and we cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties, and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements. Whether actual results, performance, or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions, and other factors, which include: general business, economic, competitive, geopolitical, and social uncertainties; risks inherent in exploration activities; volatility and sensitivity to market prices for nickel, copper, uranium, cobalt and diamonds; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through financings; imprecision in resource and reserve estimates; environmental and safety risks including increased regulatory burdens; unexpected geological conditions; changes in government regulations and policies, including trade laws and policies; demand for nickel, copper, uranium, cobalt and diamonds; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks increases in estimated capital and operating costs or unanticipated costs with respect to the Company's mineral projects; difficulties attracting the necessary workforce; risks relating to receipt of permits and regulatory approvals; changes in development or mining plans due to changes in logistical, technical or other factors; changes in project parameters as plans continue to be refined; the amalgamation of Premium Nickel Resources and North American Nickel Inc. not completing affecting the Company's investment position; the Company not completing a reverse-takeover or initial public offering in any jurisdiction in North America within the Company's proposed go public timeline; and management's discretion to alter the Company's short and long-term business plans. The foregoing list of factors is not exhaustive. An investment in the common shares of the Company is suitable only for those knowledgeable and sophisticated investors who are willing to risk a loss of their entire investment and who are able to understand the unique nature and risks of the Company, the mining industry generally and in particular the mining sector.

 

MARKET DATA. Market data and industry forecasts contained in this presentation have been obtained from industry publications, various publicly available sources as well as from management's good faith estimates, which are derived from management's knowledge of the industry and independent sources that management believes to be reliable. Industry publications, surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable. Actual outcomes may vary materially from those forecast in the reports or publications referred to herein, and the prospect for material variation can be expected to increase as the length of the forecast period increases. Although we believe that these sources are generally reliable, the accuracy and completeness of such information is not guaranteed and has not been independently verified.

 

TECHNICAL INFORMATION. The technical content of the Company's presentation has not been reviewed or approved by a "Qualified Person" within the meaning of National Instrument 43-101. Any historical mineral resources mentioned are strictly historical in nature and are non-compliant to the standards of mineral resources and mineral reserves under National Instrument 43-101, and should therefore not be relied upon. A Qualified Person has not done sufficient work to upgrade or classify any historical mineral resources or reserves as current National Instrument 43-101 compliant.

 

CAUTIONARY NOTE TO U.S. INVESTORS. The information presented may relate to “measured”, “indicated” and “inferred” mineral resources. U.S. investors are advised that while such terms are recognized and required by Canadian regulators, the United States Securities and Exchange Commission may not recognize these terms. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. 

This presentation is being made available in the United States on a confidential basis only to persons reasonably believed to be (i) “accredited investors” within the meaning of Rule 501(a) of Regulation D under the Securities Act (“Accredited Investors”) or (ii) “qualified institutional buyers” within the meaning of Rule 144A under the Securities Act (“QIBs”), and specifically authorized to view this presentation. This information does not constitute an offer to any other person or a general offer to the public of, or the general solicitation from the public of, offers to subscribe for or purchase any securities of the Company in the United States. Purchasers of Common Shares in the United States will be required to be Accredited Investors or QIBs, as applicable.

The common shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws. the securities have not been approved or disapproved by the U.S. Securities and Exchange Commission, by any state securities regulatory authority or by any Canadian provincial securities commission or similar regulatory authority, nor has the united states securities and exchange commission, any such state regulatory authority, or any Canadian provincial securities commission or similar regulatory authority, passed upon the accuracy or adequacy of this presentation. any representation to the contrary is a criminal offense.