CSE : GXP
FRA : HW3

corporate

CORPORATE

investment highlights

Tier One Uranium District

The Thelon Basin hosts multiple unconformity-style Uranium deposits, similar to the world renowned Athabasca Basin.

Investment in SMR Technology 

The shift to Small Modular Reactors, is driving increased demand for nuclear energy industry.

Baseload Capacity

The only clean energy source capable of providing reliable baseload electricity.

High Grade Sampling

The Nut Lake Uranium Project has returned grab samples of up to
4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb, 7% Ni

High Grade Drill Intersects

The Nut Lake historical drilling intersected up to 9ft of 0.69% U3O8 including 4.9% U3O8 over 1ft from 8ft depth

Uranium Rush in Thelon Basin

Uranium spot price now trading over $106 USD. The Uranium rush has now begun. Thelon Basin saw over 1 million hectares staked in 2023.

Management Team

Management Team

Russell Star

MBA, MA

Chief Executive Officer & Director

Mr. Starr is a former Bay Street executive and associate hedge fund manager. Mr. Starr is also a seed investor in Echelon Wealth Partners, a large Canadian investment dealer. Mr. Starr held executive and/or board positions at Cayden Resources Inc. and Auryn Resources Inc. amongst other public issuers. As a senior executive, board member and corporate finance specialist with Cayden Resources Inc., Mr. Starr was involved in marketing and financing development efforts including the sale of Cayden Resources Inc. for CAD $205M to Agnico Eagle Mines Limited in 2014. As chief executive officer of Trillium Gold Mines Inc. (now Renegade Gold Inc.), Mr. Starr was involved in the consolidation of the confederation greenstone belt in the Red Lake mining camp and the establishment of an exploration portfolio in both precious metals and critical elements. Mr. Starr holds a bachelor’s degree in economics from Queen’s University, a master’s degree in econometrics from the University of Victoria and an MBA from the Ivey Business School from Western University.

Simon Tso 

CFA, CPA, CGA, ACCA

Chief Financial Officer & Director

Mr. Tso is the principal of Athena Chartered Professional Accountant Ltd., a full-cycle accounting firm that assists both private and public companies with their financial reporting, regulatory filing and taxation requirements. Mr. Tso is also a co-founder of Zeus Capital Ltd., a boutique corporate finance firm that specializes in providing financial advisory, valuation and consulting services. Prior to his current roles, Mr. Tso spent a number of years as an associate at a local corporate finance firm and as a senior accountant at a firm of chartered accountants, where he managed numerous private and publicly-traded corporations, commonly acting as their Controller or Chief Financial Officer. Mr. Tso graduated with a Bachelor of Commerce (Finance) degree with honours from the UBC Sauder School of Business and is both a CFA Charterholder and a Chartered Professional Accountant.

Advisors

Advisors

Mark Selby 

Advisor

Mr. Selby is currently CEO of Canada Nickel Company and was formerly President & CEO of Karora Resources Inc. where he led a team that successfully raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec, from an initial resource to a fully permitted, construction-ready project. Mr. Selby has held several senior management positions including companies such as Quadra Mining Ltd., Inco Limited, and Purolator Courier, and he was also a partner at Mercer Management Consulting. Since 2001, he has been recognized as one of the leading authorities on the nickel market. He graduated from Queen’s University with a Bachelor of Commerce (Honours) and has also served on the boards of multiple junior mining companies.

Sean Hillacre

Advisor

Mr. Hillacre is currently the President & VP of Exploration of Standard Uranium Ltd. . He has over a decade of experience working as an economic geologist in the Athabasca Basin uranium district of Saskatchewan, with 5 years as part of the technical team progressing the Arrow uranium deposit towards production with NexGen Energy Ltd. A proactive, results-oriented geoscientist, Mr. Hillacre brings a unique and balanced background integrating academic geoscience with industry experience, along with a comprehensive understanding of project development. Mr. Hillacre received his B.Sc. & M.Sc. degrees in Geology from the University of Saskatchewan and published the first comprehensive academic study on a world-class uranium deposit in the SW Athabasca Basin in Economic Geology.

Board of directors

Board of directors

Russell Star

MBA, MA

Chief Executive Officer & Director

Mr. Starr is a former Bay Street executive and associate hedge fund manager. Mr. Starr is also a seed investor in Echelon Wealth Partners, a large Canadian investment dealer. Mr. Starr held executive and/or board positions at Cayden Resources Inc. and Auryn Resources Inc. amongst other public issuers. As a senior executive, board member and corporate finance specialist with Cayden Resources Inc., Mr. Starr was involved in marketing and financing development efforts including the sale of Cayden Resources Inc. for CAD $205M to Agnico Eagle Mines Limited in 2014. As chief executive officer of Trillium Gold Mines Inc. (now Renegade Gold Inc.), Mr. Starr was involved in the consolidation of the confederation greenstone belt in the Red Lake mining camp and the establishment of an exploration portfolio in both precious metals and critical elements. Mr. Starr holds a bachelor’s degree in economics from Queen’s University, a master’s degree in econometrics from the University of Victoria and an MBA from the Ivey Business School from Western University.

Mandeep Parmar 

Director

Mr. Parmar has over a decade of public markets experience, with a focus on finance and capital raising, investor relations, and corporate development. He has assisted a variety of public companies listed in Canada and the United States, being involved in corporate structure and formation, financing and business development at early stages. Mr. Parmar has worked with many small-cap companies to assist in fundraising, structuring and the implementation of asset development programs to generate and build value. His experience spans different sectors such as mining, oil and gas, technology and healthcare sectors with a focus on roles relating to financing, investor relations and public relations. Mr. Parmar also serves as a director of Vital Battery Metals Inc.

Amanuel Bein

M.Sc., P.Geo

Director

Mr. Bein has over 17 years experience in the exploration and mining industry where he has gained knowledge and expertise in several mineral deposit types. He began his career as a field geologist while working for several junior mineral exploration companies in the Arabian Nubian Shield. Mr. Bein worked in the Bathurst Mining Camp between 2008 and 2010 while completing his graduate studies at the University of New Brunswick. He worked for Hudbay Minerals Inc. for more than ten years, and was able to experience the full mining cycle, including the discovery of the 1901 deposit and closure of the Reed mine. At Hudbay Minerals Inc., Mr. Bein led several regional and near-mine exploration programs in Manitoba, Saskatchewan and Arizona. He worked for Rock Tech Lithium between 2021 and 2023 as an Exploration Manager and was part of a team that executed extensive exploration programs that enabled growth of mineral resources and discovery of several spodumene pegmatites. Mr. Bein is also Vice President of Exploration at Power Metals Corp. and serves as an independent director at Collective Metals Inc.

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