Statements respecting Greenridge or Greenridge Exploration are, as the case may be, to “Greenridge Exploration Inc.” or the resulting issuer to be formed upon completion of the proposed acquisition of ALX Resources Corp. (“ALX”) by Greenridge Exploration Inc. (the “Company” or “Greenridge”). This management presentation was prepared as a summary overview only of the current affairs of the Company and was not prepared for the purpose of assisting prospective investors in making a decision to invest in any security. The Company does not make any representation as to the completeness, truth or accuracy of the information contained in this presentation. The Company expressly warns readers not to rely on this information for investment purposes. The information contained herein is not and should not be construed as either a private or private offer or solicitation to purchase securities in the capital stock of the Company, nor as legal, financial or tax advice. The reader is referred to their professional legal, financial and tax advisors regarding investment related decisions respecting the securities of the Company. No securities regulatory authority or similar authority has reviewed or in any way passed on the accuracy or adequacy of this presentation.

The disclosure of technical information in this presentation regarding the Weyman Project has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and reviewed and approved by John Ostler, M.Sc, P.Geo who acts as the Company’s Qualified Person, and is not independent of the Company. The disclosure of technical information in this presentation regarding the Nut Lake Project has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Nicholas Rodway, P. Geo, (NAPEG Licence # L5576) and qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content.The disclosure of technical information in this presentation regarding the Carpenter Lake Project has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Neil McCallum B.Sc., P. Geo, and qualified person as defined by NI 43-101, has reviewed and approved the technical content. The disclosure of technical information in this presentation regarding the Snook Lake & Ranger Lake Project has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Gary Clark, P.Geo., and qualified person as defined by NI 43-101, has reviewed and approved the technical content.

Forward-Looking Statement

The information contained in this presentation is provided by Greenridge for informational purposes only and does not purport to be all-inclusive or necessarily to contain all the information that a prospective investor may desire in investigating Greenridge. No representation or warranty, express or implied, is given by Greenridge, its advisors or any of its directors, officers, consultants, shareholders, partners or employees as to the accuracy or completeness of the presentation or the information or opinions contained therein. A prospective investor should not rely upon this document in evaluating the merits of investing in Greenridge or ALX or for understanding Greenridge’s business and mineral properties. This presentation contains “forward-looking information” and “forward- looking statements” (collectively, “forward-looking statements”) within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this presentation.

Forward-looking statements are statements that are not historical facts and are generally, but not always identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward looking statements in this presentation include without limitation statements about the proposed business combination with ALX, including the approval of the TSX Venture Exchange and the
Canadian Securities Exchange and the timing for those events, as well as the Company’s plans for exploration and the timing, costs, and results of planned exploration. All forward-looking statements entail various risks and uncertainties that are based on current expectations and actual results may differ materially from those contained in such information.
Although Greenridge believes the expectations expressed in the forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward- looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploration and production successes or failures, continued availability of capital and financing, inability to obtain required shareholder or regulatory approvals, and general economic. Forward-looking statements are based on the beliefs, estimates and opinions of Greenridge’s management as of the date of this presentation. Greenridge does not intend to update any forward- looking statements, except as required to do so by law.

All information contained in this presentation relating to Greenridge was provided by Greenridge for inclusion herein and all information contained in this presentation relating to ALX was provided by ALX for inclusion herein. Certain statements in this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or other future events, including forecast production, earnings and cash flows, to be materially different from any future results, performances or achievements or other events expressly or implicitly predicted by such forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to, factors associated with fluctuations in the market price of uranium, copper, nickel, gold or lithium, among other metals, mining industry risks, recent operating losses, uncertainty of title to properties, risk associated with foreign operations, environmental risks and hazards, proposed legislation affecting the mining industry, litigation, governmental regulation of the mining industry, properties without known mineable reserves, uncertainty as to calculations of reserves, mineral deposits and grades, requirement of additional financing, uninsured risks, competition, dependence on key management personnel, potential volatility of market price of the Company’s common shares, dilution and certain anti-takeover effects. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.