J a n u a r y 2 0 1 6
DISCLAIMER
This presentation contains forward-looking statements. Forward-looking statements are statements that relate to future events or future financial performance. In some cases, you can identify forward-looking
statements by the use of terminology such as “may”, “should”, “intend”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “project”, “predict”, “potential”, or “continue” or the negative of these terms or other
comparable terminology. These statements speak only as of the date of this presentation. This presentation may also contain future oriented financial information (“FOFI”) within the meaning of applicable securities
laws. The FOFI has been prepared by our management to provide an outlook of our activities and results and may not be appropriate for other purposes. The FOFI has been prepared based on a number of
assumptions. The actual results of operations of our company and the resulting financial results may vary from the amounts set forth herein, and such variation may be material. Our management believes that the
FOFI has been prepared on a reasonable basis, reflecting management’s best estimates and judgments. Any FOFI in this presentation is made as of the date specified on the title page and is based upon the
information available to us as of that date.
Examples of forward-looking statements in this presentation include statements pertaining to, among other things: (1) the proposed acquisition of mining and processing assets in Canada; (2) the potential for
exploration, development and operation of the Company’s assets and the assets it proposed to acquire; (3) the market potential and opportunities; (4) the cash flow generating nature of the assets to be acquired in
Canada; (5) closing of the transaction with Vela Oil and Gas Corp. (“Vela”), and the transaction with a private company for Hoidas Lake; (6) the impact of mining legislation; (7) the Company’s business model; (8)
financial projections relating to and Helium projects; (9) exploration targets at the various properties referenced in the presentation; (10) future financial condition of the Company; (11) trends in performance of the
Company’s stock; (12) prospects for future financing; (13) due diligence relating to the proposed acquisition; (14) that the public market for the Company’s stock will be liquid; and (15) any other financial information
not listed here.
The material assumptions supporting these forward-looking statements include, among other things that: (1) the proposed transactions with Vela and Mont Strategies will be approved by regulatory authorities; (2)
there will be no impediments to the exploration, development, and operation of the properties and assets as set out in this presentation; (3) unknown changes to operating cost estimates, currency exchange
estimates and future commodities prices will not impact projected earnings and financial statements; (4) the permits the Company has will be sufficient to allow the Company to complete the proposed exploration,
development and operations on its properties as set out in the presentation; and (5) the potential effects of general economic and financial market conditions on our forward looking financial statements. These
statements are only projections and involve known and unknown risks, uncertainties and other factors, including the risk that: (1) the Company does not complete the transactions with Vela or Mont Strategies for
any reason whatsoever; (2) the Company cannot complete the exploration and development and operational activities set out herein for any reason whatsoever; (3) the Company’s business plan when executed will
not result in positive cash flow; (4) the FOFI contained in the presentation proves to be inaccurate; (5) the potential market opportunity is significantly smaller than anticipated by the Company; and (6) general
economic and financial market conditions have unanticipated effects. These risks, as well as risks that we cannot currently anticipate, could cause our, or our industry’s, actual results, levels of activity or
performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity or performance. Except as required by applicable law,
including applicable securities laws, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
This presentation is not, and under no circumstances is to be construed as, a solicitation or an offer of any kind. The matters set forth in this presentation do not constitute an agreement or offer that may be
accepted. Accordingly, no person may bring a claim or action against another for a failure to negotiate, agree or enter into any agreement with respect to matters contained in the presentation.
The technical information in this presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (“NI 43-101”) and has been reviewed and approved
on behalf of the Company by Mr. Gary Billingsley, P.Eng., P.Geo., a Qualified Person under NI 43-101.
www.naviscorp.com 2
RECENT HIGHLIGHTS
www.naviscorp.com 3
New, energetic management team
Rebranding Star Minerals Group to Navis Resources Corp.
Entered into JV agreement to earn 60% of Hoidas Lake REE Project
Letter of Intent to purchase 40% of a private oil and gas company
New focus on acquiring undervalued helium leases in Saskatchewan
Actively cleaning up balance sheet
STRATEGY
www.naviscorp.com 4
Clean up balance sheet with shares for debt and negotiate payment terms.
Secure funding to strengthen our foothold in hardrock and softrock assets that
have near term cash flow potential and are undervalued in the present market.
Create near term shareholder value by developing these projects to cash flow
providing non-dilutive capital for further growth and development of projects, in-
turn creating long term value.
This approach secures our investments against undervalued assets such as tenure
for oil & gas development while also providing access to near term cash-flow
projects with very strong market demand and economics such as helium
development and production.
HELIUM- RECOGNIZING OPPORTUNITY
www.naviscorp.com 5
Helium is an irreplaceable, and non-renewable commodity used
extensively in high-tech industries like scientific research, manufacturing
and medicine. As those sectors continue to expand, the demand for
helium follows.
Helium has the lowest boiling point of any other element and will not
solidify under normal conditions even at temperatures approaching
absolute zero. These properties make helium useful as a coolant for
superconducting magnets like those used in Magnetic Resonance
Imaging (MRI) machines and particle accelerators such as Canadian Light
Source’s Synchrotron. Helium’s low temperatures and inert properties
make it an ideal carrier and shielding gas for analytics and specialty
welding, it’s also the only gas that can pressurize and purge rocket
engines. Its use in MRI machines as a liquid coolant for the
superconducting magnets represents the largest single use for helium.
Helium reserves are reaching near critical low levels, advances in
technology and medicine find no shortage of uses for this strategic gas.
The sedimentary structure within the southern sedimentary basin of
Saskatchewan has created an ideal reservoir to trap and accumulate and
easily extract this commodity of increasing demand.
HELIUM- RECOGNIZING OPPORTUNITY
www.naviscorp.com 6
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
0
25,000
50,000
75,000
100,000
125,000
150,000
175,000
200,000
225,000
1951
1953
1955
1957
1959
1961
1963
1965
1967
1969
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015
Helium Price vs. Reserves in North America
Helium Price (USD/t)Helium Reserves (t)
OPPORTUNITY
*Data from USGS
OUR PROJECTS
Navis has strategically positioned itself with
a diverse portfolio of projects in the resource
friendly province of Saskatchewan.
The Hoidas Lake Rare Earth Element (REE) is
the most advanced project in our portfolio
with a 2014 NI 43:101 compliant resource.
The FALC Diamond Project represents a
highly promising exploration stage project
within one of the largest kimberlite fields on
earth.
www.naviscorp.com 7
FALC DIAMOND PROJECT
FALC DIAMONDS
www.naviscorp.com 9
 Commodities: Diamond
 Location: Central Saskatchewan, Canada
 Ownership: 100%, no royalties
 Project Area: 9,445 Ha
 Deposit Type: Kimberlite hosted diamonds
Located approximately 65km NE of Prince Albert Saskatchewan the Fort à
la Corne (FALC) Diamond project has year round access via all-weather
roads. Nearby neighbours Shore Gold Inc reports an indicated resource of
151.7 million tonnes of kimberlite grading 14 carats per 100 tonnes on
their Star-Orion project. An airborne magnetic survey in 2004 and a follow-
up ground magnetic survey in 2011 identified several high priority
anomalies to be drill testing for kimberlite.
HOIDAS LAKE REE PROJECT
HOIDAS LAKE REE
www.naviscorp.com 11
 Commodities: REE’s and phosphate
 Location: NW Saskatchewan, Canada
 Ownership: Option to acquire 60%
 Project Area: 12,522 Ha
 Deposit Type: Alkaline magmatic hydrothermal
 Resource: 2.56MT of 2.431 TREO%
Hoidas Lake is a strategic Rare Earth and Phosphate project located in
Northern Saskatchewan. A recent (2014) NI 43:101 report outlines a 2.56 Mt
resource with 2.431 TREO%. The project is one of North America's most
significant primary Rare Earth Element (REE) properties currently being
developed. Hoidas Lake has one of the highest proportions of neodymium
(Nd) present in any known rare earth deposit. This makes it strategically
important to the permanent magnet industry as demand for permanent
magnets used in "green" applications, like electric motors in hybrid vehicles
and permanent magnet generators in wind turbines, is the driving force
behind the rare earth industry. Star Minerals Group Ltd. ("Star") has signed a
joint venture agreement whereby Star has the right to acquire a 60-percent
controlling interest in the project by paying $25,000 and issuing 5,000,000
shares.
Hoidas Lake Showings
VELA OIL CORP
www.naviscorp.com 12
Vela Oil Corp is a newly formed, junior Oil and Gas exploration and
development company focused on acquiring and developing strategic
land position assets during the present market downturn. They are 100%
focused on Saskatchewan-based light oil assets, well known for their low
cost production and fast ROI.
Vela has a technically experienced & innovative management team, zero
debt and low overhead, making them very well positioned for growth
and near-term appreciation in the current market conditions.
Vela is focused on acquiring land now while it’s cheap and developing
assets to oil production when the market conditions return.
Navis has an opportunity to acquire up to 40% of
Vela Oil Corp. (www.velaoil.com) by participating in
financing the acquisition of undervalued energy
assets.
CORPORATE STRUCTURE
www.naviscorp.com 13
Navis Resources CSE:SUV*
Issued 38,862,618
Options 1,950,000
Warrants 1,475,066
Fully Diluted 42,287,684
Current Mkt. Cap. $388,626
Current Price $0.01
Warrants Outstanding
Expiry Date Exercise Price Number of Shares
2016-02-14 $0.06 100,000
2016-07-31 $0.10 492,400
2016-08-29 $0.10 576,666
2016-09-12 $0.10 306,000
Total 1,475,066
*As at January 18, 2016
Options Outstanding
Expiry Date Exercise Price Number of Shares
2019-02-11 $0.08 1,450,000
2025-10-01 $0.05 500,000
Total 1,950,000
Current Debt
• USD $84,000
• CAD $323,000
• CAD $505,000 to related parties
Insiders currently have 661,632 shares,
representing 1.7% of issued shares
OUR PEOPLE - MANAGEMENT
www.naviscorp.com 14
Michael Burns President and CEO, Director
Mr. Burns is the President and founding partner of two private geological consulting firms and is also a Director of Canadian International Minerals
Inc., a publically traded junior exploration company. Mr. Burns has over 9 years of exploration management experience. In that time, he has been
central to structuring and completing multiple property acquisition deals between both private and public companies.
Scott Newman Vice President
Mr. Newman is the president and founding partner of an oil & gas consulting firm that has drilled 800+ wells within western Canada. Prior
to oil & gas consulting, Mr. Newman was an independent consultant focused on REE and Uranium exploration from Newfoundland and
Labrador to the Yukon. His technical and management experience within the sector, Saskatchewan in particular, brings a strong operational
background to the team.
James Rogers Chief Operating Officer
Mr. Rogers is a successful entrepreneur and mining professional active in exploration and extraction sectors of the resource industry since 2007. Mr.
Rogers has experience in both corporate and technical capacities. His international experience in equatorial Africa, South America and Canada with
public and private companies has largely been focused on generative and exploration work. Most recently Mr. Rogers has been focused on developing
small-scale cash-flowing operations
Karen Frisky Chief Financial Officer
Ms. Frisky brings extensive accounting experience to Star Minerals Group. Ms. Frisky received her Bachelor of Commerce with a major in
Accounting from the University of Saskatchewan in 1994 and holds a Certified General Accountant (CGA) designation. In 2010 Ms. Frisky
joined the finance team at Great Western Minerals Group, a publicly listed company on the TSX-V, in the capacity of Director of Finance.
Prior to entering the mining industry Ms. Frisky worked in public practice before moving to private industry where she worked in senior
accounting positions in the non-profit, health, manufacturing and construction sectors.
OUR PEOPLE - DIRECTORS
www.naviscorp.com 15
Michael Burns President and CEO, Director
Mr. Burns is the President and founding partner of two private geological consulting firms and is also a Director of Canadian International Minerals Inc. Mr.
Burns has over 9 years of exploration management experience. In that time, he has been central to structuring and completing multiple property
acquisition deals between both private and public companies.
Jim Engdahl Chairman, Director
In March of 2006, Mr. Engdahl became the president, chief executive officer and a director of Great Western Minerals Group (GWMG). During Mr.
Engdahl's seven years as chief executive officer of GWMG, the company acquired key assets which positioned GWMG to become one of the first fully
integrated rare earth companies in the world and raised over $150-million for GWMG's growth. Mr. Engdahl resigned as president and chief executive
officer of GWMG in September, 2012, and as a director in November, 2012. Mr. Engdahl remains a special consultant to the chief executive officer and
board of directors of GWMG.
Prior to GWMG Mr. Engdahl was the managing partner of Cascadia Development Corp., a corporate finance, M&A (mergers and acquisitions), and
consulting group that was acquired by a major Western Canadian accounting firm where Mr. Engdahl became the managing senior partner for its
corporate finance group for Saskatchewan, then later became the managing partner for Alberta. During this time he was involved in many transactions
totaling in the hundreds of millions. Mr. Engdahl worked in the Canadian banking system with Bank of Montreal and as vice-president of Barclays Bank of
Canada. Mr. Engdahl also previously held positions as director of Claude Resources and president, chief executive officer and director of Shore Gold, and
presently sits on the board of Formation Metals Inc. and is the Chairman of the Audit Committee.
OUR PEOPLE - DIRECTORS
www.naviscorp.com 16
Gary Billingsley, Director
Mr. Billingsley has worked in the mining industry for the past 45 years. He was employed as a mine geologist for several years for companies including
Granduc Operating Company (an affiliate of Newmont Mining), Hudson Bay Mining & Smelting Co. Ltd., and in surface exploration for Cominco Ltd.,
Sherritt Gordon, and Hudson Bay Exploration and Development Ltd. In 1983, Mr. Billingsley joined Claude Resources Inc., serving as a director and officer
until 1992. With Claude, he was a key part of the team that brought the Seabee Gold Mine (Saskatchewan's largest producing gold mine with over 1
million ounces produced and still producing) into production, and participated in the discovery of diamond- bearing kimberlite in the Sturgeon Lake area
of Saskatchewan. In 1993 and 1994, in his role as a consultant to Great Western Minerals, Mr. Billingsley led the team that discovered two diamond-
bearing kimberlites, at Candle Lake, Saskatchewan. For fourteen years, until November 2012, Mr. Billingsley served as a director and officer of Great
Western Minerals Group Ltd., a TSX-V listed company. During that time, he has focused on the rare earth industry and formulated the "mine to market"
strategy currently being implemented by Great Western Minerals through the development of its mining project in South Africa along with operating two
value-added manufacturing facilities specializing in the production of permanent magnet alloys. He currently sits on the Management Committee of the
Hoidas Lake Joint Venture, operated by Star Minerals, advancing the development of the Hoidas Lake rare earth project in northern Saskatchewan.
Bill McKnight Director
Mr. McKnight served Canada as a Member of Parliament for fourteen years, nine of those as a senior member of cabinet. During those nine years, Mr.
McKnight held seven portfolios, including Labour, Canada Mortgage and Housing, Indian Affairs and Northern Development, National Defense, Agriculture
and Energy, Mines and Resources (1984 until resigning in 1993). As a successful private businessman, Senior Minister and member of the Inner Cabinet,
Mr. McKnight developed a unique strategic planning ability that is so important in today's global business environment. He is Chairman of McKnight &
Associates; former director of several public companies including Cline Mining Corporation and Great Western Minerals Group Ltd.; Treaty Commissioner
for Saskatchewan; and an Honorary Chief, Muskeg Lake Cree Nation.
N a v i s R e s o u r c e s C o r p .
www.naviscorp.com
Suite 279, 2366 Avenue C North
Saskatoon, SK
S7L 5X5
Canada
+1 (306) 664-3828

2015 01-19 Navis Corporate Presentation

  • 1.
    J a nu a r y 2 0 1 6
  • 2.
    DISCLAIMER This presentation containsforward-looking statements. Forward-looking statements are statements that relate to future events or future financial performance. In some cases, you can identify forward-looking statements by the use of terminology such as “may”, “should”, “intend”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “project”, “predict”, “potential”, or “continue” or the negative of these terms or other comparable terminology. These statements speak only as of the date of this presentation. This presentation may also contain future oriented financial information (“FOFI”) within the meaning of applicable securities laws. The FOFI has been prepared by our management to provide an outlook of our activities and results and may not be appropriate for other purposes. The FOFI has been prepared based on a number of assumptions. The actual results of operations of our company and the resulting financial results may vary from the amounts set forth herein, and such variation may be material. Our management believes that the FOFI has been prepared on a reasonable basis, reflecting management’s best estimates and judgments. Any FOFI in this presentation is made as of the date specified on the title page and is based upon the information available to us as of that date. Examples of forward-looking statements in this presentation include statements pertaining to, among other things: (1) the proposed acquisition of mining and processing assets in Canada; (2) the potential for exploration, development and operation of the Company’s assets and the assets it proposed to acquire; (3) the market potential and opportunities; (4) the cash flow generating nature of the assets to be acquired in Canada; (5) closing of the transaction with Vela Oil and Gas Corp. (“Vela”), and the transaction with a private company for Hoidas Lake; (6) the impact of mining legislation; (7) the Company’s business model; (8) financial projections relating to and Helium projects; (9) exploration targets at the various properties referenced in the presentation; (10) future financial condition of the Company; (11) trends in performance of the Company’s stock; (12) prospects for future financing; (13) due diligence relating to the proposed acquisition; (14) that the public market for the Company’s stock will be liquid; and (15) any other financial information not listed here. The material assumptions supporting these forward-looking statements include, among other things that: (1) the proposed transactions with Vela and Mont Strategies will be approved by regulatory authorities; (2) there will be no impediments to the exploration, development, and operation of the properties and assets as set out in this presentation; (3) unknown changes to operating cost estimates, currency exchange estimates and future commodities prices will not impact projected earnings and financial statements; (4) the permits the Company has will be sufficient to allow the Company to complete the proposed exploration, development and operations on its properties as set out in the presentation; and (5) the potential effects of general economic and financial market conditions on our forward looking financial statements. These statements are only projections and involve known and unknown risks, uncertainties and other factors, including the risk that: (1) the Company does not complete the transactions with Vela or Mont Strategies for any reason whatsoever; (2) the Company cannot complete the exploration and development and operational activities set out herein for any reason whatsoever; (3) the Company’s business plan when executed will not result in positive cash flow; (4) the FOFI contained in the presentation proves to be inaccurate; (5) the potential market opportunity is significantly smaller than anticipated by the Company; and (6) general economic and financial market conditions have unanticipated effects. These risks, as well as risks that we cannot currently anticipate, could cause our, or our industry’s, actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity or performance. Except as required by applicable law, including applicable securities laws, we do not intend to update any of the forward-looking statements to conform these statements to actual results. This presentation is not, and under no circumstances is to be construed as, a solicitation or an offer of any kind. The matters set forth in this presentation do not constitute an agreement or offer that may be accepted. Accordingly, no person may bring a claim or action against another for a failure to negotiate, agree or enter into any agreement with respect to matters contained in the presentation. The technical information in this presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (“NI 43-101”) and has been reviewed and approved on behalf of the Company by Mr. Gary Billingsley, P.Eng., P.Geo., a Qualified Person under NI 43-101. www.naviscorp.com 2
  • 3.
    RECENT HIGHLIGHTS www.naviscorp.com 3 New,energetic management team Rebranding Star Minerals Group to Navis Resources Corp. Entered into JV agreement to earn 60% of Hoidas Lake REE Project Letter of Intent to purchase 40% of a private oil and gas company New focus on acquiring undervalued helium leases in Saskatchewan Actively cleaning up balance sheet
  • 4.
    STRATEGY www.naviscorp.com 4 Clean upbalance sheet with shares for debt and negotiate payment terms. Secure funding to strengthen our foothold in hardrock and softrock assets that have near term cash flow potential and are undervalued in the present market. Create near term shareholder value by developing these projects to cash flow providing non-dilutive capital for further growth and development of projects, in- turn creating long term value. This approach secures our investments against undervalued assets such as tenure for oil & gas development while also providing access to near term cash-flow projects with very strong market demand and economics such as helium development and production.
  • 5.
    HELIUM- RECOGNIZING OPPORTUNITY www.naviscorp.com5 Helium is an irreplaceable, and non-renewable commodity used extensively in high-tech industries like scientific research, manufacturing and medicine. As those sectors continue to expand, the demand for helium follows. Helium has the lowest boiling point of any other element and will not solidify under normal conditions even at temperatures approaching absolute zero. These properties make helium useful as a coolant for superconducting magnets like those used in Magnetic Resonance Imaging (MRI) machines and particle accelerators such as Canadian Light Source’s Synchrotron. Helium’s low temperatures and inert properties make it an ideal carrier and shielding gas for analytics and specialty welding, it’s also the only gas that can pressurize and purge rocket engines. Its use in MRI machines as a liquid coolant for the superconducting magnets represents the largest single use for helium. Helium reserves are reaching near critical low levels, advances in technology and medicine find no shortage of uses for this strategic gas. The sedimentary structure within the southern sedimentary basin of Saskatchewan has created an ideal reservoir to trap and accumulate and easily extract this commodity of increasing demand.
  • 6.
    HELIUM- RECOGNIZING OPPORTUNITY www.naviscorp.com6 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 0 25,000 50,000 75,000 100,000 125,000 150,000 175,000 200,000 225,000 1951 1953 1955 1957 1959 1961 1963 1965 1967 1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 Helium Price vs. Reserves in North America Helium Price (USD/t)Helium Reserves (t) OPPORTUNITY *Data from USGS
  • 7.
    OUR PROJECTS Navis hasstrategically positioned itself with a diverse portfolio of projects in the resource friendly province of Saskatchewan. The Hoidas Lake Rare Earth Element (REE) is the most advanced project in our portfolio with a 2014 NI 43:101 compliant resource. The FALC Diamond Project represents a highly promising exploration stage project within one of the largest kimberlite fields on earth. www.naviscorp.com 7
  • 8.
  • 9.
    FALC DIAMONDS www.naviscorp.com 9 Commodities: Diamond  Location: Central Saskatchewan, Canada  Ownership: 100%, no royalties  Project Area: 9,445 Ha  Deposit Type: Kimberlite hosted diamonds Located approximately 65km NE of Prince Albert Saskatchewan the Fort à la Corne (FALC) Diamond project has year round access via all-weather roads. Nearby neighbours Shore Gold Inc reports an indicated resource of 151.7 million tonnes of kimberlite grading 14 carats per 100 tonnes on their Star-Orion project. An airborne magnetic survey in 2004 and a follow- up ground magnetic survey in 2011 identified several high priority anomalies to be drill testing for kimberlite.
  • 10.
  • 11.
    HOIDAS LAKE REE www.naviscorp.com11  Commodities: REE’s and phosphate  Location: NW Saskatchewan, Canada  Ownership: Option to acquire 60%  Project Area: 12,522 Ha  Deposit Type: Alkaline magmatic hydrothermal  Resource: 2.56MT of 2.431 TREO% Hoidas Lake is a strategic Rare Earth and Phosphate project located in Northern Saskatchewan. A recent (2014) NI 43:101 report outlines a 2.56 Mt resource with 2.431 TREO%. The project is one of North America's most significant primary Rare Earth Element (REE) properties currently being developed. Hoidas Lake has one of the highest proportions of neodymium (Nd) present in any known rare earth deposit. This makes it strategically important to the permanent magnet industry as demand for permanent magnets used in "green" applications, like electric motors in hybrid vehicles and permanent magnet generators in wind turbines, is the driving force behind the rare earth industry. Star Minerals Group Ltd. ("Star") has signed a joint venture agreement whereby Star has the right to acquire a 60-percent controlling interest in the project by paying $25,000 and issuing 5,000,000 shares. Hoidas Lake Showings
  • 12.
    VELA OIL CORP www.naviscorp.com12 Vela Oil Corp is a newly formed, junior Oil and Gas exploration and development company focused on acquiring and developing strategic land position assets during the present market downturn. They are 100% focused on Saskatchewan-based light oil assets, well known for their low cost production and fast ROI. Vela has a technically experienced & innovative management team, zero debt and low overhead, making them very well positioned for growth and near-term appreciation in the current market conditions. Vela is focused on acquiring land now while it’s cheap and developing assets to oil production when the market conditions return. Navis has an opportunity to acquire up to 40% of Vela Oil Corp. (www.velaoil.com) by participating in financing the acquisition of undervalued energy assets.
  • 13.
    CORPORATE STRUCTURE www.naviscorp.com 13 NavisResources CSE:SUV* Issued 38,862,618 Options 1,950,000 Warrants 1,475,066 Fully Diluted 42,287,684 Current Mkt. Cap. $388,626 Current Price $0.01 Warrants Outstanding Expiry Date Exercise Price Number of Shares 2016-02-14 $0.06 100,000 2016-07-31 $0.10 492,400 2016-08-29 $0.10 576,666 2016-09-12 $0.10 306,000 Total 1,475,066 *As at January 18, 2016 Options Outstanding Expiry Date Exercise Price Number of Shares 2019-02-11 $0.08 1,450,000 2025-10-01 $0.05 500,000 Total 1,950,000 Current Debt • USD $84,000 • CAD $323,000 • CAD $505,000 to related parties Insiders currently have 661,632 shares, representing 1.7% of issued shares
  • 14.
    OUR PEOPLE -MANAGEMENT www.naviscorp.com 14 Michael Burns President and CEO, Director Mr. Burns is the President and founding partner of two private geological consulting firms and is also a Director of Canadian International Minerals Inc., a publically traded junior exploration company. Mr. Burns has over 9 years of exploration management experience. In that time, he has been central to structuring and completing multiple property acquisition deals between both private and public companies. Scott Newman Vice President Mr. Newman is the president and founding partner of an oil & gas consulting firm that has drilled 800+ wells within western Canada. Prior to oil & gas consulting, Mr. Newman was an independent consultant focused on REE and Uranium exploration from Newfoundland and Labrador to the Yukon. His technical and management experience within the sector, Saskatchewan in particular, brings a strong operational background to the team. James Rogers Chief Operating Officer Mr. Rogers is a successful entrepreneur and mining professional active in exploration and extraction sectors of the resource industry since 2007. Mr. Rogers has experience in both corporate and technical capacities. His international experience in equatorial Africa, South America and Canada with public and private companies has largely been focused on generative and exploration work. Most recently Mr. Rogers has been focused on developing small-scale cash-flowing operations Karen Frisky Chief Financial Officer Ms. Frisky brings extensive accounting experience to Star Minerals Group. Ms. Frisky received her Bachelor of Commerce with a major in Accounting from the University of Saskatchewan in 1994 and holds a Certified General Accountant (CGA) designation. In 2010 Ms. Frisky joined the finance team at Great Western Minerals Group, a publicly listed company on the TSX-V, in the capacity of Director of Finance. Prior to entering the mining industry Ms. Frisky worked in public practice before moving to private industry where she worked in senior accounting positions in the non-profit, health, manufacturing and construction sectors.
  • 15.
    OUR PEOPLE -DIRECTORS www.naviscorp.com 15 Michael Burns President and CEO, Director Mr. Burns is the President and founding partner of two private geological consulting firms and is also a Director of Canadian International Minerals Inc. Mr. Burns has over 9 years of exploration management experience. In that time, he has been central to structuring and completing multiple property acquisition deals between both private and public companies. Jim Engdahl Chairman, Director In March of 2006, Mr. Engdahl became the president, chief executive officer and a director of Great Western Minerals Group (GWMG). During Mr. Engdahl's seven years as chief executive officer of GWMG, the company acquired key assets which positioned GWMG to become one of the first fully integrated rare earth companies in the world and raised over $150-million for GWMG's growth. Mr. Engdahl resigned as president and chief executive officer of GWMG in September, 2012, and as a director in November, 2012. Mr. Engdahl remains a special consultant to the chief executive officer and board of directors of GWMG. Prior to GWMG Mr. Engdahl was the managing partner of Cascadia Development Corp., a corporate finance, M&A (mergers and acquisitions), and consulting group that was acquired by a major Western Canadian accounting firm where Mr. Engdahl became the managing senior partner for its corporate finance group for Saskatchewan, then later became the managing partner for Alberta. During this time he was involved in many transactions totaling in the hundreds of millions. Mr. Engdahl worked in the Canadian banking system with Bank of Montreal and as vice-president of Barclays Bank of Canada. Mr. Engdahl also previously held positions as director of Claude Resources and president, chief executive officer and director of Shore Gold, and presently sits on the board of Formation Metals Inc. and is the Chairman of the Audit Committee.
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    OUR PEOPLE -DIRECTORS www.naviscorp.com 16 Gary Billingsley, Director Mr. Billingsley has worked in the mining industry for the past 45 years. He was employed as a mine geologist for several years for companies including Granduc Operating Company (an affiliate of Newmont Mining), Hudson Bay Mining & Smelting Co. Ltd., and in surface exploration for Cominco Ltd., Sherritt Gordon, and Hudson Bay Exploration and Development Ltd. In 1983, Mr. Billingsley joined Claude Resources Inc., serving as a director and officer until 1992. With Claude, he was a key part of the team that brought the Seabee Gold Mine (Saskatchewan's largest producing gold mine with over 1 million ounces produced and still producing) into production, and participated in the discovery of diamond- bearing kimberlite in the Sturgeon Lake area of Saskatchewan. In 1993 and 1994, in his role as a consultant to Great Western Minerals, Mr. Billingsley led the team that discovered two diamond- bearing kimberlites, at Candle Lake, Saskatchewan. For fourteen years, until November 2012, Mr. Billingsley served as a director and officer of Great Western Minerals Group Ltd., a TSX-V listed company. During that time, he has focused on the rare earth industry and formulated the "mine to market" strategy currently being implemented by Great Western Minerals through the development of its mining project in South Africa along with operating two value-added manufacturing facilities specializing in the production of permanent magnet alloys. He currently sits on the Management Committee of the Hoidas Lake Joint Venture, operated by Star Minerals, advancing the development of the Hoidas Lake rare earth project in northern Saskatchewan. Bill McKnight Director Mr. McKnight served Canada as a Member of Parliament for fourteen years, nine of those as a senior member of cabinet. During those nine years, Mr. McKnight held seven portfolios, including Labour, Canada Mortgage and Housing, Indian Affairs and Northern Development, National Defense, Agriculture and Energy, Mines and Resources (1984 until resigning in 1993). As a successful private businessman, Senior Minister and member of the Inner Cabinet, Mr. McKnight developed a unique strategic planning ability that is so important in today's global business environment. He is Chairman of McKnight & Associates; former director of several public companies including Cline Mining Corporation and Great Western Minerals Group Ltd.; Treaty Commissioner for Saskatchewan; and an Honorary Chief, Muskeg Lake Cree Nation.
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    N a vi s R e s o u r c e s C o r p . www.naviscorp.com Suite 279, 2366 Avenue C North Saskatoon, SK S7L 5X5 Canada +1 (306) 664-3828