June 2017

C o r p o r a t e P r e s e n t a t i o n

Public Listing Information

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“WRX”

The ninth largest exchange in the world by market capitalization

Toronto Stock

Exchange “WR0”

Frankfurt Stock Exchange is the largest of the seven stock exchanges in Germany

Frankfurt Stock

Exchange

TSX: WRX FSE: WR0

Strategic Investors Secured

China based private equity investment company

Management has extensive experience in project and investment management

Majority owner of WRX

Beijing Tairui

Innovation Capital

Management Ltd.

Majority owned subsidiary of CNOOC

Large entity focused on the development, production and sales of mineral fertilizers and chemical products

30% Off-take Agreement Signed

ChinaBlue(Canada)

Holding Corp.

Large Chinese Construction Company

Obtained Position in the open market but have good relationship with WRX

ProconResources

Inc.

3

51% 10.1% 4.7%

Strategic Investors hold approx. 65.8% of the company’s outstanding shares

TSX: WRX FSE: WR0

Experienced International TeamDirectors

Geoffrey Chang – CEO and Chairman of the Executive Committee

• Appointed Chairman of the Board of Western Potash Corp. in Sept. 2015.

• Over 30 years experience in strategic business management predominantly power generation industry

• Senior Economist Designation

Bill Xue – President and Director

• Appointed to Western Potash Board of Directors in Sept. 2015

• Over 20 years experience in project and investment management (public and private sectors)

• Law Degree and MBA

Xia Qinglong – Director

• Currently CEO, President and Director of ChinaBlue Chemical Ltd.

• Brings over 30 years experience in the resource extraction industry

• Degree in Petroleum Exploration, PhD in Geophysics, Professor Grade Senior Engineer

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James Moore– Chairman

• Many connections with the federal government. He was a federal parliament member for 15 years and the Minister of

Industry during the Harper Governance.

• Bachelors degree from UBC and masters degree from the University of Saskatchewan

Yingping Wang – Director

• Over 20 years experience with large state owned companies

• Management of multiple public companies and finical institutions

• Law Degree and EMBA

Jennifer Fang – Director

• 20 years of experience in North American Banking Industry and International Business Management

• Managing director of Chinese Business PWC Canada.

• MBA majoring in finance and CFA charter holder

TSX: WRX FSE: WR0

Experienced Applied ExpertiseManagement

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George Gao – Chief Operation Officer

• Previously the President of the Beijing Mining Exchange

• Previously Head of Business Development and Chief Representative for Toronto Stock Exchange

• MBA and Bachelor of Economics

Matthew Wood – Vice President, Projects

• Extensive experience in potash solution mining, process and project management with two large multi-national

companies

• Former President of Vale Potash Canada Limited, and Senior Project Leader of Vale’s Kronau Project

• Ph.D in Chemical Engineering

Troy Nikolai – Chief Financial Officer

• CFO since inception/over 10 years of accounting and auditing experience

• Considerable knowledge with compliance requirements to various exchanges and overall understanding with

financial reporting

Jerry Zhang – Corporate Secretary

• Extensive experience in administration management with government and private enterprises

• MA in International Communication & Ph.D in International Relations.

Bill Xue – CEO and President

• Appointed to Western Potash Board of Directors in Sept. 2015

• Over 20 years experience in project and investment management (public and private sectors)

• Law Degree and MBA

TSX: WRX FSE: WR0

Corporate Vision

As the Gateway to Eastern Capital & Global Markets, WesternResources Corp. is dedicated to becoming a reputable vehicle forresources acquisition and investment in North America & Asia.

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Gateway to Eastern Capital and Global Markets

TSX: WRX FSE: WR0

Historical Achievements: Western Potash – World-class potash deposit

May 2007Western Potash

Incorporated

Dec 2012Completed Feasibility study on 2.8 million tons capacity

Milestone project

Apr 2013Milestone EA

approved

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June 2013Strategic Investment

with ChinaBlue (Canada) Holding Corp.

May 2008Western Potash IPO

on TSX Venture

Dec 2016Completed class 3

Milestone Pilot Project final engineering report

July 2011WPX graduated

to TSX

Sept. 2015Tairui Innovation

Capital Management Ltd. Holds 51% stake in Western Potash Corp.

TSX: WRX FSE: WR0

Historical Achievements: Western Resources Corp. – Raised over CAD$220 million

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Jan Feb Mar Apr

Western Resources purchased all issued and

outstanding Western Potash shares

Mar 2017

Western Resources commences trading

on the TSX

Apr 2017

Western Resources management appointments

Apr 2017

Western Resources Incorporated Corporate

restructuring complete

Mar 2017

Western Resources replaces Western

Potash on TSX

Apr 2017

2017 2018

TSX: WRX FSE: WR0

Jan 2017

Current:A world-class potash Project & (CAD)$68 million cash*

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Milestone Potash Project

• Invested accumulative total of CAD$150 million

• Capitalized mining and development asset at (CAD)$90 million

• Completed Feasibility Study and EA for the 2.8 million ton capacity potash project

• Completed final engineering report (US class 3 standard) for the 146,000 tons capacity Pilot Project

Cash & Equivalents

• Cash & term deposits – (CAD)$68million

* As of March 31, 2017

Process flow for 2.8 million ton capacity

TSX: WRX FSE: WR0

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Future:A Ten-Year Strategic Development Plan

TSX: WRX FSE: WR0

• 2017 - complete Western Resources Corp.’s plan of arrangement, build WRX’ North-America and Asia teams, determine the Company’s model of revenue and core business, establish pathways to feasible projects & financings, strive to achieve one investment / acquisition project by the year end.

• 2018-2022 - become one of the industry’s leading firms, with high quality project pipelines and financing pathways, accomplish 2-3 investments or acquisitions per year, achieve successful exits from 50% of the completed projects within 5 years.

• 2023-2027 - Western Resources Corp. develops into a reputable vehicle for resources investment and acquisition in North America and Asia.

Future:Proposed Business Structure

Western Resources

Corp.

WRX

Acquisition Fund

Mining Fund

…

…

Western Innovation Capital

GP*

GP

…

Western Potash Corp.

Milestone Potash Corp

WRX

Acquisition of / Investment in

Company/ Projects

Commodity 1

Commodity 2

Real EstateProperties

… 11

MG*

MG

MG

Western Resources

Corp.

Western Potash Corp.

Milestone Potash Corp.

Current

Future

TSX: WRX FSE: WR0

* GP: General Partner

MG: Managing

Development Strategy:To Raise Phase 1 Fund for Resource Acquisitions

$300million

$68 million

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Leverage WRX Equity Capital and Attract Market-based Financing

TSX: WRX FSE: WR0

Western Potash:Prioritize Milestone Pilot Project

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Upon sanction of the Pilot Plant, initiate engineering & permits for the 1.4 million tpyproject (Phase Two)

Great efforts to achieve financing for the 146,000 tpy (Phase One) Pilot Project, with an aim to kick off construction by Spring of 2018

TSX: WRX FSE: WR0

Milestone Pilot ProjectLand and Mineral Rights

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• Dark Green – Acquired

• Light Green – Partially Acquired

Purchased an additional 17 quarter sections of surface land for the pilot and large scale mine

Mineral rights that WRX has acquired totals more than 145,000 acres of mineral leases (crown and freehold)

TSX: WRX FSE: WR0

Milestone Pilot ProjectStrategically Located in Attractive, Mining Friendly Jurisdiction

Situated on Heat Anomaly

Railway

Natural Gas

Port

Roads

Power

Water

TSX: WRX FSE: WR0 15

Water Agreement with the City of Regina Signed – to Utilize Treated Effluent

Milestone Pilot ProjectGeneral Site Overview

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Thickness (m) Formation Grade (KCl %)

12.20m

4.80m

5.3m

26.7%

29.9%

—

39.5%

Patience Lake Member

Belle Plaine Member

Esterhazy Member

Dawson Bay

Salt Back

Lower Salt Interbed and

White Bear Member

Salt Back

Pilot Project Mining Target

Depth to potash members:

~800m near Saskatoon

1,600m-1,700m near Regina

3,000m in North Dakota

-Potash Geology M-008 (WPX Western Riceton 16-05-14-17 W2M)

TSX: WRX FSE: WR0

Milestone Pilot ProjectTechnical Advantages

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Horizontal Drilling

Selective Solution Mining

Crystallization Ponds

+

+

Innovative solutions add up to the

efficiency envisioned at Milestone

TSX: WRX FSE: WR0

Milestone Pilot ProjectFormation Temperatures

TSX: WRX FSE: WR0 18

Higher formation Temperature yields ~9% more KCl in solution

Milestone 60-65 Belle Plaine 55-60 Legacy 45-55

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Milestone Pilot ProjectFuture Economic Benefits

Direct economic impacts result from expenditures that are directly associated with constructing and operating the mine, such as labour, materials and equipmentIndirect impacts occur when the mine’s suppliers purchase goods and services and employ workers to fulfill their contracts with the mineInduces impacts occur when labour from the mine purchase goods and services at a household level

The Pilot Project will inject (CAD)$307 million into the economy!

TSX: WRX FSE: WR0

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Milestone Pilot ProjectCommunity Investment

• Water quality, research and consumption reductions

• Energy efficiency and renewables development

• Waste reduction, infrastructure and recycling improvements

• Innovation

The mining industry has the potential to partner with communities to make great things happen!

Committed to supporting initiatives that contribute to the long-term sustainability of the local community and also local projects that benefit the community in:

TSX: WRX FSE: WR0

Milestone Pilot ProjectCommunity and Government Engagement

• Strong ties with community

• Ongoing community sponsorship

• Focus on local business and local employment

• Good relationships with local and provincial governments and First Nations

• Community newsletter

21TSX: WRX FSE: WR0

Milestone Pilot Project A Unique Opportunity

• Project design is completed by experienced engineering firms

• Site is ready for construction to begin

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The Milestone Pilot Project is truly innovative, and could

revolutionize the way potash is extracted in Canada, and Globally!

TSX: WRX FSE: WR0

Thank You

1400 - 1111 West Georgia Street Vancouver, BC . V6E 4M3 . Canada

www.westernresources.com TSX-WRX