Source Rock Royalties (SRR) Corporate presentation summary

Corporate structure and financial position

• Only publicly listed pure-play junior oil and gas royalty company in Canada, with 46 million common shares and no debt.

• Over 11% insider ownership, including 20% by a major pension fund, with no insider sales and consistent buying.

• $4.5 million in working capital and a monthly dividend of $0.0065 per share, fully funded by operations.

Business model and strategy

• Passive royalty interests provide exposure to upside development with no capital costs or liabilities.

• Focus on high netback oil royalties, targeting proven, long-life reserves and strong operators.

• No exposure to abandonment, environmental, or reclamation costs, and minimal management expenses.

Management and governance

• Experienced management team with legal, financial, and technical expertise, and a strong track record in the sector.

• Board and advisors have deep industry relationships and technical asset evaluation capabilities.