Investment Highlights

• Aquila is advancing development of the 100%-owned Back Forty Project, located in Michigan’s Upper Peninsula
• Michigan is a well-established mining jurisdiction with a long history of mining
• Aquila has been granted all four final permits from Michigan’s Department of Environmental Quality
• The Back Forty Project has favorable exposure to approximately 1.1 billion pounds of zinc and 1 million ounces of gold in the M&I categories, with additional upside potential
• Aquila has discovered a new mineral zone near the main Back Forty deposit that provides exploration upside
• Aquila has a strong shareholder base with support from insiders as well as institutional and retail investors