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Investor Presentation

Vancouver & Toronto Roadshow: June 2018

Disclaimer

Certain statements contained in this presentation, and in certain documents incorporated by reference in this presentation,

constitute "forward-looking statements". All statements other than statements of historical fact contained in this presentation,

including, without limitation, those regarding Osino Resources Corp.’s (the “Corporation‘”) future financial position and results of

operations, strategy, plans, objectives, goals and targets, future developments in the markets where the Corporation participates

or is seeking to participate, and any statements preceded by, followed by or that include the words "believe", "expect", "aim",

"intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar

expressions or the negative thereof, are forward-looking statements.

These statements are not historical facts but instead represent only the Corporation's expectations, estimates and projections

regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and

uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or

forecasted in such forward-looking statements.

Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to,

those discussed under "Risk Factors" in the prospectus to which this presentation relates. Management provides forward-looking

statements because it believes they provide useful information to readers when considering their investment objectives and

cautions readers that the information may not be appropriate for other purposes.

Consequently, all of the forward-looking statements made in this presentation are qualified by these cautionary statements and

other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments

will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Corporation.

These forward-looking statements are made as of the date of this presentation and the Corporation assumes no obligation to

update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

The forward-looking statements in this presentation are based on numerous assumptions regarding the Corporation's present and

future business strategies and the environment in which the Corporation will operate in the future, including assumptions regarding

expected yields, future prices and business and operating strategies.

Some of the risks which could affect future results and could cause results to differ materially from those expressed in the forward-

looking statements contained herein, including risks associated with the Corporation, such as lack of revenue, risks associated

with the Corporation's business, such as the failure to obtain or maintain necessary licenses, and risks associated with the

common shares of the Corporation, such as stock market volatility. .

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About Osino Resources Corp.

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Emulating our prior success with Auryx Gold Corp., Osino founders aim to create value

through consolidation, exploration & discovery. We see Osino’s core value drivers as follows:

Experienced team with history of delivering value

Quality assets & jurisdiction in Namibia’s highly prospective Damara gold belt

Excellent shareholders with long term vision

Summary of Recent Activities

Corporate

• RTO on track: expected first day of trade ~28 June 2018 Symbol: TSX-V: OSI

• ~56m shares out @ 0.48cps, no warrants

• Completed CAD3.1m financing incl. RCF

• Expected spend until year-end ±CAD3m

• ±CAD6m cash balance (June 2018) after warrant exercise & RTO

Technical

• ± 2,900m RC & DD drilling completed since Apr 2018

• Awaiting assays for last 5 holes & interpretation of results

• Intersected wide zones of low grade mineralisation in several holes

• No bonanza grades but we are very encouraged by the large size of the

mineralising system and its scale potential

• Mineralisation style analogous to Otjikoto with 1–10cm scale veinlets parallel to

foliation over wide areas (sheeted veins?)

• Key drivers in orogenic belts: a) source rock b) pathway c) traps – so far 2 out of 3

• Airborne geophysics completed, encouraging results, will feed into next drill program

• Next round of drilling – August 2018

Founders & Directors

Heye Daun (CEO, Co-founder & Director):

Mining engineer with +20 years of experience with top-tier mining co.’s and financial groups. Former

President & CEO of Ecuador Gold & Copper Corp. overseeing C$200m merger with Odin Mining. Co-founder

of Auryx Gold Corp. Co-lead Auryx through IPO, capital raising, project development to C$180m sale to B2

Gold Corp. Prior to that with Nedbank Capital and Old Mutual Investment Group. First 10 years of career with

Rio Tinto, Anglo Gold & Gold Fields, building & operating mines in Africa.

Alan Friedman (President, Co-founder & Director):

South African-trained lawyer and public markets entrepreneur. Involved with North American public markets

for >15 years. Played integral role in acquisitions, financings & go-public transactions for many resource

companies onto TSX and AIM. Co-founder & Director of TSX-V listed Eco (Atlantic) Oil and Gas Ltd. and

Auryx Gold Corp. Director of the Canada-Southern Africa Chamber of Business.

Dave Hodgson (Proposed Non-Executive Director):

Dave Hodgson formerly held a series of senior and executive positions over three decades with the Anglo

American and De Beers group of companies, and also held the post of Chief Operating Officer of AngloGold

Ashanti from November 2001 through to his retirement in April 2005. In addition, he has held non-executive

directorships at Moto Gold Mines Limited, Uranium One Inc., Goliath Gold Mining Limited, Auryx Gold

Corporation, Montero Mining and Exploration Limited, and Acacia Mining.

Lazarus Shigwedha (Proposed Non-Executive Director):

Lazarus is a Namibian-born emerging markets and frontier portfolio manager with Investec Asset

Management in Cape Town. He has deployed capital into emerging markets over the last 12 years,

particularly into cement, infrastructure and resources. He has broad investment experience across sectors

such as Banking, FMCG, Telcos and REITS’s in jurisdictions such as Uganda, Nigeria, Kenya, South Africa,

Egypt, Namibia, South East Asia and South America. Lazarus is a Namibian citizen.

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Founders Track Record

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Formation Acquisition Advancement Exit

Ecuador Gold & Copper Corp. Heye Daun appointed CEO

in 2015, tasked with

company turn-around &

generating options for

investors

Assessed company &

assets, built trust with

investors, developed &

executed turn-around

strategy

Raised US$3m in

convertible debt & equity,

restructurd balance sheet,

settled range of legacy

issues, prepared EGX for

sale

Successfully sold EGX to

Lumina Gold through

$200m merger

Auryx Gold Corp. Heye Daun & Alan

Friedman co-found

Auryx and list on TSX

via RTO in 2010

Acquire Otjikoto gold deposit

in Namibia from Vale,

through non-core disposal

process

Raised $85m in equity, built-

out team, expanded

resource,

completed PEA

Successfully sold AYX to

B2 Gold Corp for $180m,

now in production

~150kozpa

Afriore Ltd. Alan Friedman was part of

the acquisition team that

acquired the Akanani

Platinum Project

Expanded resource,

completed technical work to

prove downdip extension of

world-class SA platinum

deposit

Successfully sold Afriore

to Lonmin Plc, world's 3rd

largest PGM producer for

$450m

Eland Platinum Ltd Bright Group co-founder of

Eland Platinum, Heye Daun

part of initial funding

consortium & co-investor

with Bright

Negotiated acquisition of

undeveloped, non-core PGM

resource from Anglo

Raised >$100m in debt and

equity from South African

capital markets and

commenced with project

development

Successfully sold company

to Xstrata Plc

for $1bn

Key Management

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Dave Underwood (VP Exploration)

BSc Geol (Hons)

Dave has 26 years of broad exploration experience in Africa and beyond. He spent his early career years

with De Beers and Anglo American including 6 years in Tanzania and Kenya exploring for gold and base

metals. The last 12 years he worked as an independent exploration consultant in exploration, target

generation, evaluation and due diligence programmes for Newmont, AngloGold Ashanti, Silver Bull

Resources, Roxgold and others. Commodities include gold, silver, base metals, uranium, manganese and

iron ore. Dave is a Fellow of the Society of Economic Geology, and a Registered Professional Scientist

with the SACNSP.

Jon Andrew (Country & Exploration Manager)

BSc Geol (Hons)

Jon is a geologist with more than 20 years’ experience in exploration and mining geology. His career has

been focussed on the Africa and Middle East regions and includes diverse experience in precious, base

and rare metals, industrial minerals and coal. He has held exploration manager and senior consulting

positions with several major and junior mining companies listed on all major international stock exchanges.

Emmanuel Shilongo (Exploration Geologist)

MSc (Applied Geology)

Mr. Emmanuel Shilongo is an Exploration Geologist, and currently oversees all the company’s field

activities. He has 9 years’ experience in mineral exploration mainly in Namibia. Most of Emmanuel’s

experience has been in uranium focused on both primary and secondary uranium mineralisation, rare

earth metals and copper exploration. Prior to joining Osino, Emmanuel held positions as Senior Mineral

Exploration Geologist at TSX listed Forsys Metals Corp’s flagship project - the Valencia Uranium

Development Project, at Namibia Uranium Corporation and at the Shali Group of Exploration Companies.

Namibia Tectonic Setting

8 Source: Vollgger et al., 2015

Navachab & Otjikoto initially seen as oddities. Geological controls recently better understood

Geological controls defined = other targets can be identified and tested

Multi-phases of mineralization = large, long-lived mineralizing systems

Interpretation of the Damara belt identifies multiple NE trending structures

Structures are deep seated, laterally continuous, and formed at same time by the same process

Significant regional exploration potential

Osino Licenses relative to Major Structures

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Focus Area 2:

New Target Generation

Focus Area 2:

Otjikoto East Target

Definition

Focus Area 1: Khan River

Gold Corridor (KRGC) &

Goldkuppe: Discovery of a

new regional trend

Osino Licenses relative to Namibia Au Peers

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Large & growing license position

~5,700km2 owned or under option

Mostly under-explored or no

exploration at all

2 world-class Au deposits

Navachab (>5moz) in production

Otjikoto (>3moz) in production

Following slide

Khan River Au Corridor - an emerging Au trend

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next slide

Rank Target Name

1 Goldkuppe

2 Twin Hills

3 Wedge

4 Oasis

5 Goldkuppe Extensions

6 Okapawe

7 Okapawe Dam

8 Dropstone

9 Albrechts Group

10 Twin Hills SW Extensions

11 Shilongo Splay

12 Etekero

13 Puff Adder

14 OJW

15 KB Anomaly

16 OK Anomaly

17 Nuchomis Anomaly

18 Omagonde Anomaly

19 Khan River Fault Zone

20 Kalapuse

21 Epako

22 Domes

23 Kamapu

24 SHN (Fight Club)

25 SHK (Fight Club)

26 (Otjikoto) Far East

Discovered major regional structure

with multiple targets during 2017

Large Au system over >25km strike

Drill-testing various targets Q2/Q3 2018

Working to consolidate & extend

Khan River Fault Zone

Khan River Fault: 25km mineralised Au trend

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~2.5km

Twin Hills Prospect

Drilling Q2 2018

Okapawe Prospect

Drilling Q2 2018

Navachab Gold Mine

For Size Comparison

100ppb geochem

contour

Goldkuppe Discovery & Extension Targets

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1km Grid squares GK Extension targets

Goldkuppe

Oasis & Wedge targets

Au discovery with significant

historical exploration work

15,000m drilled & C$5m spent

2017 Structural review: better

understanding of geological

controls

Recent interesting results

south of Goldkuppe (Oasis &

Wedge targets)

Otjikoto East - Recent Progress

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Otjikoto Gold Mine

Producing ~200kozpa

B2 Gold Corp.

Airborne geophysics

completed June 2018

Detailed interpretation of

recently acquired

geophysical dataset

100km strike length in same host stratigraphy

as Otjikoto & Navachab

Largely untested due to cover

Osino using successful western Australian

techniques to see through cover

Recently completed airborne geophysics

2 gold anomalies discovered to date

RAB test drilling to commence late 2018

Exploration Program

Systematic exploration to expand & advance 26 targets & generate new ones

2018 budget of ~CAD6m (Jan to Dec-18) incl. G&A (Scalable subject to results & finance)

Expect significant news flow

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# Property Task Spend

CADm Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

1 Twin Hills Drilling (RC/DD) 0.593 Drilling

2 Okapawe Drilling (RC/DD) 0.198

3 Wedge Drilling (RC/DD) 0.198

4 Shilongo Splay Sampling 0.329 Sampling

5 Khan River Fault Zone Sampling 0.329 Sampling

6 Shilongo/Khan River Drilling (RAB) 0.079 Drilling

7 OJW & OJW Splay Sampling 0.263

8 Otjikoto East Sampling & Drilling 1.397 Sampling Drilling

9 Otjikoto Far East Sampling 0.132 Sampling

10 Wilhelmstal Sampling & Drilling 0.388 Sampling

11 Etekero Sampling & Drilling 0.105 Drilling

12 Kalapuse Sampling 0.066

13 Regional Targets Sampling 0.198 Sampling

Various Properties Airborne Mag/Rad 0.329 Airb. Mag/Rad

subtotal Exploration Spend 4.011 Sampling

subtotal Corporate G&A (incl. RTO expenses) 1.000 Drilling

Total Osino 2018 Budget 5.011 Airborne Mag/Rad

2018

RTO Progress & Cashflows

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RTO Meeting Date: 22 June 2018

CAD3.1m concurrent financing into PrivateCo completed (at 25% premium to last financing)

Expected start of trading 29 June 2018: Ticker TSX-V: OSI

Next financing envisaged ~ H2 2018 (subject to market, drill success & key shareholders)

Cash at hand (estimated end Dec-17) CADm 4,0

Proceeds from Mar-18 financing CADm 3,2

Cash in shell CADm 0,4 estimated

Cash upon warrant exercise CADm 1,5 exercised May-June 2018

Exploration / G&A Expenditure CADm (3,0) estimated H2 2018 expenditure

Estimated cash end Jun-18 CADm 6,1

Share Structure (post RTO)

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Shares shares outstanding m shares 56,3

Warrants m shares - exercised May/June 2018

Shares Outstanding (FD) m shares 56,3

ESOP Options m shares 3,9 exercisable at CAD/share 0.380

Valuation CADm 27,0 last financing at CAD0.48/share

Cash in treasury (end June 2018) CADm 6,1 estimated

Enterprise Value (end June 2018) CADm 20,9 estimated

Osino Share Exchange Ratio * ~5.4318 estimated

*giving effect to the RTO

Ownership (post RTO)

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Pro-forma Share Summary Shares Price Value Ownership

fully diluted, post RTO m CAD/sh CADm %

Ross Beaty 11,2 20%

Osino Founders & Associates 7,9 14%

Resource Capital Funds 4,6 8%

Powerone Group 4,6 8%

Trimark & Associates 3,9 7%

Lumina Group Associates 3,2 6%

Romulus Resources (RTO Shell) Holders 3,2 6%

Other (incl. friends & family) 16,9 30%

Total shares o/s (FDITM, post RTO) 55,5 0,478 26,5 100%

ESOP 3,9 7,0%

* Share Exchange Ratio = 5.4318

** 8.8cps pre-RTO is thus equivalent to ~0.48cps post RTO

Why Us ?

Clear strategy with multiple upcoming catalysts

Solid team with history of delivering value & proven ability to execute

Growing pipeline of opportunities

Excellent shareholders

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Thank you.

Photo credit: B2 Gold Corp.

Osino Resources Corp.

181 Bay Street, Suite 320

Brookfield Place, Toronto

Ontario, Canada

M5J 2T3

hdaun@osinoresources.com

+27 (82) 566 4494

For more information contact:

Heye Daun, CEO

11th Floor Convention Tower

Heerengracht, Cape Town 8001

Tel: +27-21-4182525

www.osinoresources.com

Appendix

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Our Core Competence

Leveraging skills & expertise to acquire & progress gold assets with scale potential in

Namibia. We see our core competencies as:

Identify and evaluate quality prospects

Acquire assets from government & vendors through proprietary relationships

Advance projects through systematic execution & application of best-practice

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Osino License Position & Target Summary

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Exploration Stage Rank Target Name Status

Advanced Target 1 Goldkuppe Significant historical and

current drilling

2 Twin Hills

3 Wedge

4 Oasis

5 Goldkuppe Extensions

6 Okapawe

7 Okapawe Dam

8 Dropstone

9 Albrechts Group

10 Twin Hills SW Extensions

11 Shilongo Splay

12 Etekero

13 Puff Adder

14 OJW

15 KB Anomaly

16 OK Anomaly

17 Nuchomis Anomaly

18 Omagonde Anomaly

19 Khan River Fault Zone

20 Kalapuse

21 Epako

22 Domes

23 Kamapu

24 SHN (Fight Club)

25 SHK (Fight Club)

26 (Otjikoto) Far East

Grassroots /

Conceptual Targets

Follow-up required prior

to drill testing (if

warranted)

Newly acquired or

awaiting permitting /

access prior to initial

work

Drill-tested, further work

required / assay results

pending

Follow-up & Drill-

tested Targets

Identified Targets

Focus Area 1 – see next slide for detail

Focus Area 3

Focus Area 2

5,700km2 license position in

3 project areas at different

stage of advancement

26 exploration targets

Osino’s Inspiration - The Auryx Gold Story

1999 2008 2009 2010 2011 2012 2013 2014

Vale/ARM JV initiates Otjikoto

divestment process

Auryx named preferred bidder for

Otjikoto after competitive process

Auryx closes Otjikoto transaction

through US$49m equity f inancing

and listing on TSX

Auryx closes US$34m bought-deal f inancing &

aggressively expands exploration

B2 Gold commences w ith

project construction

Auryx completes Project PEA &

commences w ith mine permitting

Auryx starts trading on NSX

(Namibia)

US$160m B2 -Auryx merger

transaction closes

Auryx discovers Wolfshag Zone,

transforms project

economics

Otjikoto Project discovery by

Teal Minerals' predecessor, Avmin.

B2 Gold expandsproject to 200kozpa

producer through aggressive exploration & scalable mill layout

Formation & initial f inancing of BC Ltd,

pre-cursor to Auryx, aiming to acquire gold projects in Africa

B2 Gold pours f irst gold at Otjikoto

Project now valued at US$750m in B2

Sum-of-Parts

QKR acquires Navachab from

AGA in US$150m transaction

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