A Preeminent Explorer in ’s TSX-V: SYH October 2021 Disclaimer October October is National Technical further economic, prices, that looking from statements expectations management on Some seek made This consult unattainable presentation information factors realistically This a in Qualified could those presentation advice presentation this or of information outside exploration with 2021 statements Instrument the implied information cause market document, in are and their contained from statements or Person the expressed which of SYH’s not substantially factually the own forward with the actual . or does guarantees has and if 43 . Company investment business could management's control professional has regard - other to 101 development been not results - in in looking present be been this and such significantly constitute than and altered to exhaustive, prepared conditions of expects, document reviewed to prepared the advisors statements future outside the forward statements advisors differ . success beliefs, successes, Therefore, information a performance, are . materially . by prospectus alter information - on in Please may looking complete prior . accordance forward Skyharbour behalf estimates The of of be the SYH to interested historical see continued Company contained deemed statements making from of results - looking or sources or proposed and the the or public sufficient with those Resources public Company actual opinions, any to facts, . uses undertakes intended availability statements However, the unavoidably be are offering in investment ventures filings results . "forward Canadian forward should that In based by or Ltd addition, by address of Richard other for subjective of no . or . . - conduct the - Although Interested looking dictate looking on SYH, capital decisions developments (“SYH”) obligation financing, regulatory Company factors, reasonable Kusmirski, events many rendering that statements, statements" and their opinion, management using . investors to should SYH and requirements factors financing, or at own update may www assumptions, no its developments P cannot dependence . the assessment Geo change . guarantees differ best include can are . these All sedar . presentation believes and , warrant statements M advised effect materially efforts set . . forward . Sc com Factors general market out . upon such who that and are the the the for to to in - 2 TSX-V: SYH | SKYHARBOURLTD.COM People, People, Timing, Projects Highlights Investment October October 2021 programs activeexploration/drill near term catalystsand discovery potential High valuations acquired attractive at of Basin portfolio in Dominant propertyuranium economies as nations decarbonizetheir energy global part of integral withimproving and market prices Uranium top tier projects top - grade , Canada, consisting mix goingmix forward Athabasca uranium uranium nuclear with as as insider ownershipinsider andMines significant base shareholder Noteworthy record of success technical team management and Strong Model Prospect Generator equityless withdilution JV’s Utilizing to fund to fund exploration includingDenison partnerships with track track with and – 3 TSX-V: SYH | SKYHARBOURLTD.COM People, People, Timing, Projects Management Team &Board October October Chairman Chairman the of Board, Director Jim Pettit and PersonQualified Director, Head Geologist, Richard Kusmirski President and Director CEO, Jordan Trimble 2021 B.Sc., CFA P.Geo., M.Sc. • • • • • • • • in 2014 and Previously Chairman of CEO BayfieldVentures Corp. whichhe sold to Gold New governance, management, and compliance +30yearsof experience resource inindustry specializingfinance, in corporate Lake Way before acquiredDenison(TSX: JNR MinesDML) uranium zone Maverick at Moore Lake and Fraser Lakes Zone B uranium deposit at PreviouslyPresident and CEO of Resources; discovered JNR the exploration uranium projects in Basin PreviouslyExplorationManager at overseeingCorporation (TSX: CCO) participatedthe in of discovery +40yearsof exploration experience in North andAmerica overseas and activelyhas UBC from Commerce SocietyVancouver; also holds Bachelor of Science Degree a Minorinwith CFA® acquisitionbyGold New2014in PreviouslyCorporate Development Manager for BayfieldVentures up untilits marketing, dealstructuring and capitalraising specializingcorporate in finance and strategy, shareholder communications, Entrepreneur who has resource in worked severalindustrywith companies Charterholder and currently as on serves a Director the board of the CFA a number a of number uranium depositsuranium high grade 4 TSX-V: SYH | SKYHARBOURLTD.COM People, People, Timing, Projects Management Team &Board October October Director Joseph Gallucci Advisor Paul Matysek Director David Cates 2021 CPA, MAcc, BAMAcc, CPA, M.Sc., P.Geo. • • • • • • • • • Canada involvedraisingin $1 Directly over for mining billioncompanies a focus withon Investment Banking team at Eight Capital Securities,Markets, BMO Capital DundeeGMP Securities; previouslyled Mining Capitalexecutivemarkets and banker >15yearswithexperience focused aton mining Laurentian Bank Securities CurrentlyManaging andDirector the Head of Investment Mining banking at acquired for acquired for $434byAg million K+S deal;to prior One, Lithium President and of CEO Potash One Inc. whichwas One Lithium Inc., acquired by MinesFortuna for $129in 2016; Silver million $265in 2018; million hePresident/CEO was of Mineswas Corp.whichGoldrock of PreviouslyChairman X Lithium Energyacquiredwas Corp. which for Nextviewby acquiredwas a larger by uranium producer, One Inc., Uranium in 2007 a cap grewfrom of market 2004in$10 million to approximately$1.8 billion whenit Matysekthewas Mr. Founder, President and CEO of EnergyCorporation;Metals LLP a withfocus on the resource industry to joiningPrior Cates Denison, Mr. heldpositions at GoldKinross Corp. and PwC Cates on theMr. serves Board of of Directors the Canadian Nuclear Association Rockgate Capital Corp. and International Enexco Ltd. role inthe andmergers Company's acquisitionsactivities Denison's PresidentVice Finance, and Tax Mr.Cates played As CFO, a CFO. key Priorto his appointment as President and CEO of Denison,Cates servedMr. as Corp. Participation(TSX: Uranium U) PresidentCurrent and and (NYSE:DNN) of CEO Denison(TSX: MinesDML) which2012 Julyin merged Galaxywitha Resources in $112 million - also leadingthe acquisitionof was President/CEO of 5 TSX-V: SYH | SKYHARBOURLTD.COM People, People, Timing, Projects Management Team &Board October October Advisor Thomas S. Drolet • • • • • Consulting Consulting Geologist Dave Billard and to that prior employedwas Cameco byCorp. for 12 years specializinguranium in explorationin the Athabasca Basin Before joining hea geological JNR, was consultant Lakes B zones instrumental in the discoveryof the and Fraser Maverick to prior acquisitiontheir Denison byin Mines 2013; he was He wasCOO, ExplorationVP Resources and DirectorJNR for Canadawestern and theUS western experience, searching for uranium, gold and base metals in Geologistover with 35yearsof explorationand development College,of Imperial London,University England nuclear technology/chemicalengineering, and from a DIC of College MilitaryCanada, aof master science degree in Holds a bachelor's degree engineeringchemical in Royal from International previous as role President and CEO of Hydro overwith 40yearsexperience in the energy sector including energyconsultancy& Drolet Associates Energy Services Inc. andUranium nuclear industryand specialist of principal 2021 P.Geo. B.Eng., M.Sc., DIC • • Consulting Consulting Geologist Christine McKechnie Advisor Simon Dyakowski Barlow Medal for Medalfor BestBarlow Geological Paper Zone depositB at Falcon Point Project; also receivedthe 2015 CIM and completed a M.Sc. thesis on the Fraser Lakes Completed her B.Sc. 2008 in Honors) of (High from the University Resources Inc. JNR and CanAlaska Ltd.Uranium previouslyworked at Cameco’s Eagle Point Uranium Mineand with Geologist specializingin Athabasca Basin uranium deposits; Director Amanda Chow Director Donald Huston CPA, CMA CFA, MBA M.Sc. 6 TSX-V: SYH | SKYHARBOURLTD.COM ISSUED & OUTSTANDING SHARES OUTSTANDING & ISSUED 127.0 STRUCTURE CAPITAL SYMBOLS TRADING Capital Structure October October • • • SHAREHOLDERS STRATEGIC & NOTABLE TSX VENTURE TSX SYH North North Shore Global Uranium MiningETF (TSX: DML)(NYSE: DNN) DenisonMines Corp. Management and insiders ** ** Approx. CAD$10 inmillion cash and equity holdingsin other companies * Share price 2021 MM 0.61 as of as of Sept. 30 th , , 2021 • • • • L2 CapitalPartners Sachem CovePartners Extract Capital OTP Fund Management Ltd. FULLY DILUTED FULLY MM162.8 FRANKFURT SC1P • • • (Global Market Development) Jeff Phillips PaulMatysek MarinKatusa and KCRFund US OTCQB US SYHBF MARKET CAPITALIZATION MARKET C $77.5 $77.5 MM* 7 TSX-V: SYH | SKYHARBOURLTD.COM • • • million https://www.nextbigfuture.com/2019/01/nuclear • • https://www.youtube.com/watch?v=BPzzlBVtXH0 • Nuclear: Emissions Nuclear: Energy MixCurrent Global& Future October October day.” only carbon “Nuclear is ideal for dealing climate with change, because it isthe risk and costs decrease important emerging willthat market standardize construction, reduce Small Modular Reactors (SMR’s) ranging from 5 300 to MWe are an community with energy; also it provides Nuclear energy prematurely deadlyto air pollution from energy alternatives: Nuclear has sources pollution of outdoor 2012 lives in million The World Health Organization reported that Video of Source: GatesNotes, Wrapping Up 2018 Up Wrapping GatesNotes, Source: - lives.html 2021 – Bill Gates air air pollution - free, free, scalable energy source availablethat's 24 hours a saved over 3 million livessaved over million 3 jobs provides base and and tax base and and half these of deaths were cause by in Beijing China: - grid and price price stability and grid Free, Baseload Free,Power Baseload – What I learned at work this yearthis work at learned I What ; 1 1 million alone ; China in - load, CO that wouldthat have been lost 2 emissions - air pollution claimed claimed 7 air pollution power and and anchors local - has - free, low - saved - 3 - cost cost - 4 - Nuclear 2015 Coal 2040 SCENARIO IEA 450PPM Renewable 1,000 2,000 4,000 250 Energy Oil 2100 SCENARIO PARIS Natural Gas 8 TSX-V: SYH | SKYHARBOURLTD.COM • • • • • • Germany • • • • • Real Benefits World and Examples Nuclear? Why October October “Energiewende” Competitive disadvantage for German industry Relianceon lignite dirtycoal and Russian natural gas Germany has Nowdouble thecosts electricitycompared to France progress littleVery reducingin carbon emissions 160 Euro Investment billioninto “Green Energy” The The Germany France / comparison: kilometre The largest plant in world (Kashiwazaki Largest offshore windfarm worldin (Walney Irish in Sea) generates square

TSX-V: SYH | SKYHARBOURLTD.COM capacity by 2030 capacityby2030 and proposed reactors planned/ordered construction and many more operating under with 14 Currently 49 reactors China GrowthDemand of Drivers Main The Nuclear & UraniumDemand Globally October October uranium companies investments into Canadian and CIBC) have made major CEF Holdings (Li Ka CGN Mining of and China to be carbon neutral by 2060 currently GWe target by up 2025 from 48 included 70 nuclear GWe China’s recent 5 Plan Year 2021 ; tripling - commitment commitment - shing shing nuclear nuclear reactors by2031 India plans for 21 new years power Indian reactors over 5 supply tonnes 3,220 U in for 2015 Cameco Corp. to announced $350 million deal Canada and India planned and proposed construction and 42 reactors operating with under 7 Currently 22 reactors India 3 O 8 to to capacity well enrichment as global of mine as supply Control significant amount them 36 units abroad and will fuel Exportreactors: constructing construction and 46 planned operating with under 4 Currently 38 reactors Russia (about (about 30 reactors) Japan’s bypower 2030 account to for over 20%of Nuclear energy expected is have more applied restart for approved restart for and 10 6 reactors more have been operations up from 3 in 2016 10 reactors have restarted Japan nuclear nuclear industry Bi aforementioned nations overdependence on the Canada help can prevent Uranium suppliers like of ~40%US requirements Uzbekistan supplying with Russia, Kazakhstan, domestic <1%of demand 2019 fell US production to operating reactors electricity through 96 generating 20% of its uranium with nuclear US is largest consumer of US - partisan partisan support for 11

TSX-V: SYH | SKYHARBOURLTD.COM • • • • • the the next 10 years expected from depleted mines over There are more shutdowns secondary supplydrawdowns Accelerating inventoryand side far outweigh risks to the demand supply approx. to previouscuts amounted to result of the pandemic in additional Recent production suspensions as a Trust UPC/ Denison, Yellowcake,UECand been buyingmaterial including uranium holdingcompanies have Recently, developersand physical for curtailed production uranium in spot market to make up Producers purchasing millionslbs of Uranium Price Rebounding: Spot Market Revival SupplyRevival Curtailments and Market Spot Price Rebounding: Uranium Globally Uranium Supply October October Sprott – 2021 50% of monthly globalmine risks risks to the supplyside PhysicalUranium 12

TSX-V: SYH | SKYHARBOURLTD.COM * Calculated * Calculated in using US $ metric tonnes and troyin ounces Sep., 2020 King is Grade the Why Athabasca Basin? October October Zinc Copper Silver Gold U Metal Value Grades Uranium Other Metals * oftocompared 3 O (Uranium) 1 8 % 2021 U 33.3% 12.0% 855 g/t 13.9 1.0% Grade 3 O g/t 8 733 265 - - 22 lbs/t = 33.3% Zinc 33.3% Copper 12.0% Silver 855 g/t Gold g/t 13.9 $1.05/lb $2.91 $26/oz $1900/oz $35/lb $/unit /lb $770 $770 $770 $770 $770 Value/t 13

TSX-V: SYH | SKYHARBOURLTD.COM * CAD prices * CAD prices at Sept. Companies & Exploration Acquisitions October October 28% Alpha (50% Minerals Project) AcquiredCompany or Precedent Athabasca Basin Transactions Last in 10 Years Recent Fission Uranium Nex UEX Purepoint CanAlaska Uranium Isoenergy Ltd. Skyharbour Resources Company Current Comparables Athabasca Development and Exploration Basin Uranium Gen Energy Gen of Millennium of Millennium Project (AREVA) Corp. 2021 Uranium Uranium CompanyUranium Acquisitions (Roughrider (Roughrider 30 of PLS PLS of Project) th Project , 2021 FCU NXE UEX PTU CVV ISO SYH Trading Symbol Cameco Uranium Fission Rio Tinto Acquirer $150 $185 Million $654 Million Acquisition $ Value of Million $ $ $ $ $ $3.55 $ Share Price 0.82 6.02 0.41 0.125 0.70 0.61 Companies 18.9 18.9 Million lbs N/A 58 Million lbs Resource Pro - rata 647.0 476.1 530.1 325.3 79.1 99.5 162.8 Shares Outstanding (MM) Size Size of $51/lbs $34/lbs $52/lbs Price of Uranium $ $ $ $ $ $353.3 $77.5 Market (MM) Cap $8/lbs N/A $11/lbs Valuation in Metric 530.5 2,866.1 217.3 40.7 55.4 $/lbs 14

TSX-V: SYH | SKYHARBOURLTD.COM Average Grade % U308 0 1.5 Recent Discoveries Successes and Discoveries Recent in Uranium Exploration Athabasca Basin October October 1 2 0 .5 Source: WNA Source: Kazakhstan South Inkai South 0.08% 2021 Langer Hienrich Langer Namibia Australia Ranger Akouta Niger Athabasca Canada 2005 to 2019, Eastern Athabasca Basin: 2012 to 2019, Southwest Athabasca Basin: favourable jurisdiction mining primaryworld’s supply uranium the basin Historically producedhas approx. and deposits uranium mines ancient The • • • • AthabascaBasin at a grade of 11.2% U 1.98% U indicated resource of in 2011 explored depositRoughrider which Hathor Explorationacquiredwas which Tinto Rioby U 43M lbs northwest of Phoenix contains inferred resources of andU3O8 the Gryphon deposit 3 kilometres resources of 70.2M lbs U Phoenix(TSX: DML) deposit contains indicated being explored and developed PhoenixWheeler River's and Gryphon RdepositTriple FCU); (TSX: Uranium Patterson Lake South made discoverybyFission (TSX: deposit NXE); Arrow The Arrowmade discovery NexGen by Energy sedimentary basin 3 O 3 O 8 and 8 at a grade of 2.3% U in Saskatchewan, in Canada is an inferred inferred resource of 40.7M lbs U 17.2M lbs U 3 hosting the O 8 3 O 8 and is a safe and is a safe and at a grade of 19.1% by Denisonby Mines 3 world's world's richest O 3 O 8 20% of 20%of 8 at a grade of Deposits contains 3 O 8 15

TSX-V: SYH | SKYHARBOURLTD.COM Recent Discoveries Successes and Discoveries Recent in Uranium Exploration Athabasca Basin October October • • • • • TSX: NXE TSX: Skyharbour these is utilizing techniques new strategies and targetingimproved methodologies; cost of loweranddiscovery higher probabilityof success techniques exploration New strategies and have new led to discoveries anddiscovery probabilityof lowersuccess Traditional Athabasca exploration involvedgeophysicalrudimentarytargeting and holes; spaced widelyverticalhighdrillcos successful resource delineation Evena declining in environment, price commodity and Hathor(TSX: arejust DML) a few examples recent of stories successful discoveryuranium thein Athabasca Basin NexGen Energy 2021 (TSX: (TSX: NXE), Fission Fission Uranium TSX.V: AMW (TSX: (TSX: FCU), significant significant returns Alpha Minerals Alpha generated for investors from generated for from andnewinvestors discoveries through newentirelytarget types wellas as , IsoEnergy (TSX.V: ISO), (TSX.V: TSX.V: FIS Mines Denison (now FCU) t o f 16

TSX-V: SYH | SKYHARBOURLTD.COM Top TierBasin throughout Projects Exploration &ThoriumProjects of Uranium Portfolio October October 2021 17

TSX-V: SYH | SKYHARBOURLTD.COM • Project Flagship Project Overview Moore Uranium October October • High grade High Zone”: andshallow“Maverick relatively Project : Skyharbourownsa 100% interest Moorein Uranium • • • • • 2021 metres, metres, respectively over 6.2 metres, and 4.01% U high grade mineralization,returning 5.14% U holes ML Drill starting at a depth of 264.68 metres metres, including20% eU hole ML Drill diamond drillingcompleted +380inholes drill expenditures, and 140,000over of metres historic explorationwith$40in over million The propertyhas been the subject of extensive the mine producing McArthurRiver between the KeyLake mine andcomplex and mill Strategicallylocated just east of the midpoint 12 contiguous totalling35,705claims hectares - 61 returned 4.03% eU - 55 and ML - 3 47 also encountered47 O 8 over 1.4 metres, over 1.4 metres, 3 O 8 over 4.7 3 O 8 over 10 3 O 8 18

TSX-V: SYH | SKYHARBOURLTD.COM • • • Project Flagship Project History Moore Uranium October October • uranium zones zones uranium areasin these possibilityhigh the discovering gradeadditional of pathfinder element concentrations; disruption, strong alterationand anomalous anduranium conductors multiple associated significant structural with otherseveral geophysicaltarget areas, has intersected In addition toZone, the diamond Maverick drillingin mineralizationhave been intersected wherepods of high grade unconformity been the 4.7 corridor long structural Maverick kilometre Mid of drilling380 over holesdiamond drill prospecting, lake sediment and programs sampling the and IP/resistivity geochemical seismic, surveys,mapping, electromagnetic and magnetic surveys,ground gravity, include an assortment of airborne and ground Explorationout carried programs on the project lands IUC/Denison AGIP, BRINEX, Cogema, Kennecott/JNR Resources and exploration several by companies includingNoranda, Since 1969, the property has undergone episodic - 2000 onwards, the primary focus onwards,2000focus the primaryof exploration has 2021 this bodes this well for - type uranium typeuranium 19

TSX-V: SYH | SKYHARBOURLTD.COM • • • • • • regional discovery made regionalmade discoveryat the Otter Zone area high grade 2,800 2019program sevenmetre in drillholes;winter additionaldrill 264.3m to 272.1m returned 1.33% U ML18Hole strong discoverypotential below the unconformity grade discoveredwasuranium the in basement rock illustratingthe 3,800 2018program eightinholes;metre drill drillsummer/fall mineralizationuranium holesat drilledthis in program corridor returned the Maverick highgrade 3,400 2018program ninemetre holes;in threedrill drill winter of the four 9.12% U Zone and represents a ML Hole U holes includingdrillinuranium multiple and 2017Winter totalledsummer programs 9,485m drillhigh with grade Early Success with “Moore” Upside “Moore”Success with Early Programs at Moore 2017 October October 3 O 8 over over 2.23%1.4m, and over 9.3m allU3O8 at 250 - 3 2021 202 wasa step 100m out the from O - 8 uranium uranium discoveredwasthe in basement rock and new 15drilled wasat the western end of Zone and Maverick over over 1.4m 4.17%and U - 3 2019 Exploration O 8 , 0.44% Co and 1.62%7.8 overNi from metres new gradenew high mineralized lens discovery: 3 O 20.8% U 8 over over 4.5m at 278m depth highgrade 3 O 8 over over 1.5m, 9.12% Main Maverick MainMaverick - 275m depth high 20

TSX-V: SYH | SKYHARBOURLTD.COM Programs at Moore 2020 • • • • • • • Exploration Exploration Techniques Near Term Innovative and Catalysts October October program; recently 5,000mprogram; from expanded 7,000mto 2021 drilling ongoing for diamond Fullyfunded East at rocks Maverick Zone overincluding 6.0m 6.80% highlight2021 drillSummer program of initial2.54% depth including1.00% and returned highlight of 0.72% Fall2020 program included 2,560m of drillinginseven holes doubled the extent strike of the East Zone Maverick 2020 Winter program included drill 2,328m whichof drilling present along thecorridor Maverick zones Of interest areparticular as at welldepth in the underlyingbasement rocks tested drillleaving discoverypotentialrobust along as strike half Only has corridor of 4.7km beenMaverick systematically high better define cross 2019 at spacings close and elevationlowhave helped to Innovativedrone - priority drill targets drillpriority to the unconformity 2021 - 2021 Exploration - assisted magnetometer assisted magnetometer surveysflownin - cutting features/structures cutting features/structures are which U 3 underlying basement feederbasement underlying O - hosted highgrade uranium 8 U over 10.0m over 10.0m starting at 279m 3 O 8 U over 2.0m 2.0m overbasement in 3 O 8 over 17.5m 17.5m overat 271.5m U 3 O 8 21

TSX-V: SYH | SKYHARBOURLTD.COM Canada Orano industry with Partnership Strategic Generator: Prospect Project Preston Uranium October October 2021 - leader leader • • • • • • Gold dividedevenlybetween Skyharbour and Dixie making a total of CAD$200,000 in cash payments $4.8 inmillion staged explorationexpenditures and in the project (51% ownership)by completing CAD Orano has fulfilled their first earn potential in untested areas. package leavingsignificant explorationupside has onlyfocused approx.on 50% the land Given the size of the property, exploration to date targets further advance the project and refine future drill consisting of a regional geophysicalprogram to Orano completed its winter2020 program those at nearby PLSand Arrowdiscoveries 15 high Extensivefieldwork carried out has vectored in on $4,700,000 in exploration from 2013 Skyharbour and previous operators spent over in Patterson Lake area totalling 49,635 ha Project iswhich one of the largest land packages Skyharbour owns 24.5% of Preston Uranium • • discoverypotential Numerous readydrill targets offering strong deposit and NexGen’sArrow deposit Strategically located near Triple Fission’sR - priority areas withsimilarindicators as - in option interest - 2016 22

TSX-V: SYH | SKYHARBOURLTD.COM Partnership with Partnership Energy Azincourt Strategic Generator: Prospect Uranium Project East Preston October October 2021 • • • • • • • agreement agreement withAzincourt Uranium to option 70% of March 2017, Skyharbour announced an option advanceother projects with strategic partners while utilizing the prospect generator model to exploration at its flagship Moore Uranium Project AthabascaBasin through focusedmineral Skyharbouraddsvalue to its project basein the Plansfor 7,000m drillprogram in Q1 2022 completed 1,195m winter 2021 program drill that was recently favourable alteration withassociated, anomalous mineralizationREE and lithologies and graphitic structures intersected along consisting in 9 holes withpromising basement In 2020, Azincourt completed a 2,431m drillprogram in conductor trends 2020 to refine future drilltargets over prospective geophysical programs and exploratory indrilling 2018 At East Preston, (15%) and DixieGold (15%) (70%) and 30% project and a tripartite joint venture February 2021, Azincourt earned their interest in the $1,000,000 in cash payments) consideration ($2,500,000 of shares of Azincourt and $3,500,000 in project the 20,647 hectare equallydividedbetween Skyharbour Azincourtcompleted ground East Preston Uranium Project for explorationand between Azincourt - 23

TSX-V: SYH | SKYHARBOURLTD.COM • • • • • High Project Point) Lake Hook Falcon (North October October • • • has commenced has to commenced drillingwithfollow explorationInitial program consisting of geophysicsand ground has Valor issued a total of 233,333,333 shares to Skyharbour in explorationexpenditures) ($475,000 be in will cash paymentsto Skyharbour $3,500,000 wellas as consideration totaling$3,975,000 CAD over athree Pitchblende/Valorcontribute willcash and exploration expenditures project Pitchblendewith (soon to be Valorto Resources) earn Recentlyannounced 9 (December the source Previous operators unable to explaindefinitively and locate pitchblende veinat surface yieldedhighgrade grab uranium of samples up to 68% U Lake Hook target area at north end of Falcon Point propertyrecently for the project area Years of exploration have culminated inextensive geologicaldatabase 16 contiguous totalling 25,847 claims mineral hectares - 2021 Grade Showing & New Partner New & Showing Grade th , 2020) Agreement Definitivesigned - yearperiod - in 80% of the 3 O 8 in massive in massive - work work 24

TSX-V: SYH | SKYHARBOURLTD.COM • • 43 NI Project & Thorium Uranium Falcon South October October • such such as EaglePoint,P Millennium, high grade, basement Geologicaland geochemical features showdistinctto similarities south end of the property resource estimate mineral for the Lakes ZoneFraser B deposit at In March of 2015, Skyharbourreleased updated NI 43 Project 100% interestFalcon in PointLake) Uranium (previouslyWay • • • 2021 - grade of 0.01% U grade of 0.023% ThO U 6,960,681 pounds U 55 km east of the KeyLake mine totaling21 claims 44,470 hectares 101 Deposit Uranium & Deposit Uranium Thorium 101 3 O 8 and 5,339,219 pounds ThO - hosted deposits thein Athabasca Basin 3 O 8 3 ) O 2 8 within10,354,926 tonnes (cutoff inferred inferred at average grade of 0.03% - Patch and Roughrider 2 inferred inferred at average - 101 25

TSX-V: SYH | SKYHARBOURLTD.COM • • 43 NI Project & Thorium Uranium Falcon South October October • surface surface target areas withover $13 millionin previousexploration across six, near to date Drillingat Falcon Point totals over 21,000m 110in holes Character changingof mineralization at depth holes Winter/spring program 2015 consisted drillof 1,278 five inmetres • • • • 2021 - Robust Robust explorationupside potentialgoing forward potential going forward Grade increasingstrong illustrates which discovery mineralizationuranium at shallowdepths Breakthrough towards findingand more higher grade metres deposit area: 0.172% U Intersected highest grade found mineralizationto date in 101 Deposit Uranium & Deposit Uranium Thorium 101 3 O 8 and 0.112% ThO2 2.5 over - 26

TSX-V: SYH | SKYHARBOURLTD.COM Uranium Uranium Alternative? Overview Thorium October October 2021 • • • • Source: The Next Big Future, 13 March 2011 March13 Big Future, NextThe Source: uranium tonnes25 = uranium of million coal Energyequivalence:1 tonne of =thorium 200 tonnes of long technology that ableseems to contribute to buildingcredible, The fuel thorium an cycle is important and potentiallyviable production goala major in its nuclear powerprogram India has utilizationmade of for largethorium large quantitiesWith of resources thorium and littleuranium, fuel offer Thorium cyclesattractive features Coal 161 • • • • - term nuclear energyterm scenarios safetymargins of Use most reactor inthorium typesleads to extra option Diversification for nuclear fuel supply Less transuranic elements in waste Lowerlevelsof wastegeneration Oil 36 Biofuel deaths per TW/h powerperproduced of TW/h deaths EnergySafety 12 Gas 4 Hydro 1.4 Solar 0.4 Wind 0.15 - scale energyscale Nuclear 0.04 27

TSX-V: SYH | SKYHARBOURLTD.COM • • • October October • Base Metal Project YurchisonUranium & Yurchison) Lake is onto strike the southwest of stake in theirJanice Lake property (Janice Energy Corp. to Metalsacquire an 80 per cent seven Tinto Riorecently molybdenum mineralization mineralization copper, wellas as andzinc for both basement hosted uranium The property boasts strong potentialdiscovery anomalous valuesuranium up to 240 ppm molybdenum values up to 3,750 ppm and trenches returned highly anomalous holesbeneathTwo drilled the historic samples mineralizationbothin outcrop and float and molybdenum (2,500 ppm to 6,400 ppm) significant uranium (0.09% to 0.30% U3O8) prospecting near old trenches returned At the Yurchison Project (100% owned), 2021 - year,option agreement withForum entered into $30 million, 28

TSX-V: SYH | SKYHARBOURLTD.COM • • • Location Location, Location, Project Lake Mann Uranium October October • eU consisting of 2.31% eU In 2014March, made wasdiscoverya drill byCameco (17.5%) DenisonCameco withand(52.5%) (30%) AREVA Adjacent to Lake Mann Joint Venture operated by deposit and NE along uranium of strike MillenniumCameco's Mineand RiverMcArthur 25of 15 km SW Cameco’s km located on east side of the Basin 100% interestMann in Lake strategicallyProject Uranium 3 O 2021 8 over 0.4m over 3 O 8 over 5.1m overincluding 5.1m 10.92% 29

TSX-V: SYH | SKYHARBOURLTD.COM • • • Location Location, Location, Project Lake Mann Uranium October October • basement basement rocks a broad, NE The surveysuccessful inwas confirming the presence of EM surveysprior coincidesbasement with conductor trends indicated by wherea favourable, 2 km long aeromagnetic low Recent ground and 5 ppm Background uranium betweenvaluesare commonly 1 ppm a overinterval 1.5m One holedrill contained anomalous upuranium to 73.6 2021 - SW trending of corridor SW conductive - based surveyEM focused on a zone 30

TSX-V: SYH | SKYHARBOURLTD.COM Upcoming Catalysts Upcoming Recent and Milestones October October Completed Completed $5.2M financings in (“prospect generator model”) exploration other at projects Azincourt finance to Option deals with Orano and mineralized zones Zone and discover additional expand high Maverickgrade Drill programs Moore at flagship Moore Project Denison Mines to acquire Completed transaction with 2021 2016/17 Completed Completed $5Min financings Project of flagship Uranium Moore Successfully in earned 100% at Preston and East Preston multiple exploration programs Orano and Azincourt complete mineralized zones Zone and discover additional expand high Maverickgrade Drill programs Moore at 2018/19 Completed Completed $4.2M financings in Falcon Point Project Valor Resources on the North Completed option withdeal Preston and East Preston by Orano and Azincourt at Exploration programs funded targets new/refined basement hosted at Project Moorewith focus on Completed drill twoprograms 2020 Uranium Uranium market recovery project Newacquisitions generator model”) strategic partners (“prospect Form JV’s/partnerships with East Preston and Hook Lake Azincourt and Valor at Preston, Exploration funded by Orano, basement hosted targets with focus on new/refined Continued drilling at Moore 2021/2022 31

TSX-V: SYH | SKYHARBOURLTD.COM Thank You

CONTACTS

Jordan Trimble Riley Trimble President and CEO Corporate Communications

T: 604-416-2978 Suite 1610 TF: 1 800 567-8181 777 Dunsmuir St. E: [email protected] Vancouver, BC Canada V7Y 1K4

Richard Kusmirski, P.Geo., M.Sc. is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this presentation.

www.skyharbourltd.com