Kivalliq Corporate Presentation May 2013

Click to edit Master title style Advancing Northern Canada’s Highest

Grade Uranium Deposit May 2013

KIV: TSX-V kivalliqenergy.com

Delivering Results 2010 - 2012

• Team strengthened • CDN$39.5M raised in equity financings since

Fukushima • 87,500+ metres drilled • 12 new mineralized zones identified through

drilling • multiple prospecting discoveries property-wide • 80,000+ acres acquired totalling 340,000+ acres

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43.3 million pounds of high grade U₃O₈ added to inferred resource category since 2010


Uranium Exploration Leadership

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April 17, 2013

Rob Chang, Equity Research Analyst - Metals & Mining, Cantor Fitzgerald

"... Kivalliq’s management team has demonstrated an ability to cost-effectively add resources to the project…”

• Expertise added to the Board of Directors related to uranium fuel markets and uranium industry M&A experience

• Bolstered management team with finance and legal capacity

• Operational team continuously executes large logistical programs and successful exploration campaigns – on budget


A Mining Friendly Jurisdiction

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Angilak Property located in Nunavut Territory – a mining friendly jurisdiction, hosting multiple projects being advanced or operated by global mining companies


Community Engagement

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• Landmark agreement with Nunavut Tunngavik Inc. to explore for uranium on Inuit Owned Lands

• Ongoing engagement with the people of Nunavut Territory through community visits, site visits and employment opportunities

• Winners of environmental stewardship awards from the regional Inuit regulator, Kivalliq Inuit Association for two of the past three years


Angilak: High Quality Uranium Asset

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Kivalliq has invested CDN $53M+ (2007-2012) in the 340,268 acre Angilak Property:

• Delineating one of the highest grade uranium deposits in the world (excluding Athabasca Basin deposits)

• Showing opportunity to substantially grow current 43 Mlbs inferred uranium resource base

• Demonstrating that Angilak has “District Scale Potential”


Transportation and Logistics

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With use of a mile long ice air strip and CAT trains Kivalliq Energy Corporation was able to efficiently and economically transport goods and heavy machinery to the Angilak Property 2012-13


Angilak Property Details

• Camp open in March: Exploration from April to September

• Camp hosts 50+ people during the summer

• Heavy equipment on-site to facilitate logistics and exploration

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Angilak Budgets and Milestones

2008 2009 2010 2011 2012

$2M* $1.5M*

$9M*

$17M*

$20M*

Property-wide airborne geophysical survey First drilling at

Angilak in 25 years

Lac Cinquante resource estimate

increases 92%, announced January

2012 27.13 million lbs U₃O₈: 1,779,000 T @ 0.69%

New zones discovered:

Western Extension, Eastern Extension,

Pulse, Spark, BIF, AG

$12.7M equity raised

2011 KIA Environmental

Excellence Award

Lac 50 Trend deposits inferred resource

estimate announced January 2013

43.3 million lbs U₃O₈: 2,831,000 T @ 0.69%

New zones

discovered: J4, Ray, Flare, South West,

Hot, Nine Iron


2012 KIA Environmental

Excellence Award

Maiden NI 43-101 resource, announced

February 2011 14.15 million lbs U₃O₈:

810,000 T @ 0.79%

Property-wide prospecting and ground geophysics commence


2011-12 exploration programs some of the largest exploration programs globally – compared with uranium explorer peer group

*Annual Exploration Budgets


High-Impact Exploration: Low Discovery Costs

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Industry beating discovery cost of CAD$1.32 per lb uranium

• 200% increase in Lac 50

Trend inferred resource in past two seasons


District Scale Potential High Grade Showings Throughout Property

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Lac 50 Trend


Rapid Conversion from Discovery to Resources

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Diamond Drill Rig 1

Diamond Drill Rig 2

Diamond Drill Rig 3

In 2012, from July 1 discovery through to September 15, three drill rigs at the J4/Ray zones added 15.3 million lbs of uranium to Kivalliq’s inferred resource base


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Lac 50 Trend: A Growing Resource Base

2013 Drill Holes

2013 EM Conductor - - -

April 17, 2013

David Sadowski, Equity Analyst, Mining, Raymond James

“Solid Execution Continues into 2013...Resources have grown each of the last three years and now sit at 43.3 Mlbs grading 0.69% ... but (we) would not be surprised if Angilak eventually reaches district-scale, >100 Mlbs levels.”


High Grade Deposit vs Peers As at February 8, 2013

Lac Cinquante Kivalliq Energy Corp.

Matoush Strateco Resources

Kuriskova European Uranium Resources (formally Tournigan)

Falea Rockgate Capital Corp

Kiggavik Areva

Michelin Paladin Energy Ltd.

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Lac 50 Trend Kivalliq Energy Corp

Kiggavik AREVA

Matoush Strateco

Falea Rockgate

Michelin Paladin Energy Ltd

Kuriskova European Uranium

Resources

0.00%

0.10%

0.20%

0.30%

0.40%

0.50%

0.60%

0.70%

0.80%

0.00 20.00 40.00 60.00 80.00 100.00 120.00 140.00

Gra

de %

U3O

8

Resource M lb U3O8

43.30

28.77

41.2

45.27

103.22

127

Resource M lb U3O8

Global Median Grade (Excluding Athabasca Projects)


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Optimized tests produce encouraging values: Alkaline leaching process indicates high recovery - 95.9%

of uranium extracted in 72 hours

Precipitation tests yield low-impurity - 71.9% U in a final yellowcake product

"The final yellowcake produced from the leach solution was a low-impurity product. Available final yellowcake assays fell below the maximum concentration limit without penalty of ASTM C967-13 (standard specification for uranium ore concentrate)," stated Chuck Edwards, director of metallurgy, Amec. "The alkaline leaching process proposed for the Lac 50 trend uranium deposits is similar to that used successfully for almost 30 years at Eldorado Nuclear's Beaverlodge mill in Northern Saskatchewan."

Excellent Preliminary Metallurgical Test Results


Angilak Property Advantages

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Experienced Exploration Team Mining Friendly Jurisdiction Local Support District Scale Potential Growing High-Grade Resource Highly Attractive Yellowcake Product


Corporate Information As at May 3, 2013

Corporate Structure Shares Outstanding 189,067,703 Fully Diluted Shares 229,968,689 Working Capital C$5.14million Warrants weighted avg strike 0.50 26,050,986 Options weighted avg strike 0.44 14,850,000 Market capitalization (@ $0.29) C$54.83million Average Trading Volume (3 months) 263,559 (as at May 6, 2013)

Ownership Insiders: 5% Lumina Capital 16.63% Close associates: 26% Resources/Mining Funds: 15%

Recent Financing Q2 2013: 15 million units at $0.30 (unit = 1 share and 1 warrant at $0.50) Q2 2012: 16.77 million FT shares at $0.50 7.12 million NFT shares at $0.45 Q1 2012: 6.85 million FT shares at $0.52 13.13 million NFT shares at $0.45 Management John Robins, P.Geo., Chairman Jim Paterson, CEO, Director Jeff Ward, BSc, P.Geo., President Andrew Berry, COO Jonathan Singh, BAccS, CGA, CFO Bill Cronk, Exploration Manager Brenda Nowak, Corporate Secretary Jim Dawson, MSc., P.Eng., Director Garth Kirkham, BSc, P.Geo, P.Geoph, Director Dale Wallster, Director Jim Malone, Director


Contact Information

Kivalliq Energy Corporation #1020 - 800 W Pender Street, Vancouver, BC V6C 2V6

www.kivalliqenergy.com

Reesa Meltzer, Senior Administrator ++604-646-8361 or [email protected]

http://www.kivalliqenergy.com/

mailto:[email protected]


Disclaimer

This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities of Kivalliq Energy Corporation. The information in this presentation related to the mineral resource estimate has been approved by Robert Sim, P.Geo, of SIM Geological Inc. who is an independent Qualified Person as defined under National Instrument 43-101. Jeff Ward, P.Geo, President of Kivalliq and a Qualified Person for the Company has reviewed and approved the information contained in this presentation and related news releases. FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation and Kivalliq Energy Corporation does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing.

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Investor Relations

Kivalliq Corporate Presentation May 2013