Building Shareholder Value Through Company Growth

SNM
TORONTO STOCK EXCHANGE VENTURE
NASDAQ FIRST NORTH GROWTH MARKET

Financial Calendar & Events

Period Period End Reporting Date
Annual Dec 31, 2019 Mar 3, 2020
Q1 Mar 31, 2020 May 8, 2020
Q2 Jun 30, 2020 Aug 12, 2020
Q3 Sep 30, 2020 Nov 5, 2020

ShaMaran Strategy

Focus on Production Growth

  • Achieved 45,000 – 50,000 bopd as 2019 exit rate by:
    • Debottlenecking current facilities
    • Optimizing production thru additional facilities
    • Delivering well capacity
  • Investing to define next phases of development by mid 2020 to go up to 100,000 bopd

Focus on Cash Flow and Build-up of Cash Reserves

  • Stable cash flow
  • Atrush development is self funding

Focus on Value Creation

  • Well established network of stakeholders and access to strategic opportunities
  • Continuous and strong backing from main shareholders supports growth
Important Information About Forward Looking Statements
TSX.V
SNM
Nasdaq
SNM

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

Last $0.04
Change 0.00
Change % 0.00%
Time June 5, 2020 03:06 am EDT
Bid $0.03
Ask $0.03
Low $0.04
High $0.04
Open $0.04
Volume 3,796
Last kr0.22
Change -0.01
Change % -2.42%
Time June 4, 2020 08:36 pm EDT
Bid kr0.22
Ask kr0.23
Low kr0.22
High kr0.24
Open kr0.24
Volume 5,396,610
Share Capital (as of January 22, 2020)
Issued and Outstanding 2,160,631,534
Fully Diluted 2,185,701,534
Outstanding Options
Expiry Date No. of Optioned Shares Exercise Price
May 15, 2024 10,000,000 $0.080
August 12, 2024 15,070,000 $0.080
Total: 25,070,000  

Insider Holdings: www.sedi.ca

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