Power Metallic Mines (PNPN) Noble Capital Markets’ Emerging Growth Virtual Equity Conference summary

Financial position and funding

• Raised CAD 50 million, with CAD 33 million remaining in the bank, supporting a 100,000-meter drill program.

• Core eight shareholders, including major industry figures, own about half the shares and continue to invest.

• Benefited from unique Quebec tax incentives, allowing for significant leverage and reduced dilution.

• Additional government incentives include a 30% federal tax credit and 25% Quebec tax relief for development.

Project overview and exploration

• NISK is a high-grade polymetallic discovery in Quebec, containing copper, nickel, PGEs, gold, and silver.

• 35,000 meters drilled in the last six months; 65,000 meters planned for the current year.

• The Lion Zone discovery features five holes averaging over 8% copper equivalent, indicating lucrative potential.

• The project is compared to world-class orthomagmatic deposits, with grades similar to Norilsk and Sudbury.

• Land package expanded by 600%, now controlling seven of eight regional targets.

Technical advancements and team

• Borehole EM and advanced geophysical techniques are used to identify and expand targets.

• Metallurgical studies show 95% average recoveries, significantly improving project economics.

• Leadership includes experienced geologists and a former Canadian minister, enhancing exploration and permitting.

• Plans to use innovative methods like Muon seismic ray technology for further exploration.