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Building Shareholder Value Through Company Growth

SNM
TORONTO STOCK EXCHANGE VENTURE
NASDAQ FIRST NORTH GROWTH MARKET

Recent Financial Reports

Jun 30, 2021
Second Quarter Report
Mar 31, 2021
First Quarter Report
Dec 31, 2020
2020 Annual Report
All Financials

Financial Calendar & Events

Period Period End Reporting Date
Annual Dec 31, 2020 Mar 3, 2021
Q1 Mar 31, 2021 May 6, 2021
Q2 Jun 30, 2021 Aug 10, 2021
Q3 Sep 30, 2021 Nov 10, 2021

Annual Shareholders Meeting to be held on June 23, 2021 at the Company’s Vancouver office: 2000 - 885 West Georgia Street, Vancouver, BC

Investors

ShaMaran Strategy

Focus on Production Growth

Focus on Cash Flow and Build-up of Cash Reserves

Focus on Value Creation

Important Information About Forward Looking Statements

Atrush – Asset Development Strategy

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2017-2018

Start-up Capacity

State of the art and fully automated facilities commissioned in July 2017

30 Mbopd well and processing capacity

2019-2020

Debottleneck & Mature Resource Base

Expand Processing Capacity to 58 Mbopd through PF-1 debottlenecking and EPF addition

Deliver ten development wells

Deliver cost savings to assure project resilience

2021

Position to Deliver Value

Return to normal operations following COVID impact

De-risk "integrated oil column" development concept

Resume suspended capital programs

Increase well capacity with additional development wells

2022+

Deliver Full Asset Value

Implement "integrated oil column" development plan

Drill and complete additional production wells

Optimise available processing capacity

Deploy full ESG solution

TSX.V
SNM
Nasdaq
SNM
TSX Venture Exchange Nasdaq First North Growth Market

Pareto Securities AB is the Company's Certified Advisor on Nasdaq First North Growth Market, +46 8 402 5000, certifiedadviser.se@paretosec.com

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Share Capital (as of September 3, 2021)
Issued and Outstanding 2,208,509,663
Fully Diluted 2,305,009,474

Insider Holdings: www.sedi.ca

Recent News: September 14, 2021 ShaMaran Announces 50 MMBbls Production Milestone Achieved
Recent News: September 13, 2021 ShaMaran to Present at Pareto Securities Energy Conference
Recent News: September 2, 2021 ShaMaran June 2021 Payments Received
Annual Information Form Corporate Presentations
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