June 2019

Universal Copper Ltd. is a Canadian-based copper exploration company focused on the acquisition and exploration of copper properties.

Our objective is to build shareholder value through the acquisition of projects with significant technical merit. The Company's management team has many years of experience in exploration, finance and efficient public company management.

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About Universal Copper

Shares Outstanding 35,977,272

Warrants Outstanding 20,597,211

2019 Expiry $0.20 2,203,636

2020 Expiry $0.16 6,095,250

2021 Expiry $0.24 2,293,325

2021 Expiry $0.10 4,000,000

2024 Expiry $0.10 6,005,000

Options Outstanding 2,166,250

2021 November 29th $0.20 293,750

2022 November 19th $0.78 312,500

2022 November 19th $0.12 337,500

2023 May 31st $0.12 522,500

2023 October 31st $0.10 250,000

2024 March 13th $0.07 250,000

2024 April 14th $0.10 200,000

Fully Diluted 58,740,733

Share Structure

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100% owned Gachala Propertyapplications encompass an area of13,280 hectares and cover 48-linekms of the 250km by 120km beltof Devonian Cretaceous rocks in ageological setting conducive tohosting sedimentary deposits,thought to be analogous to theZambia Copper Belt of Africa.

Claims adjacent to the westreturned grades from 1.6% to7.82% Cu in 12 of 47 samples taken.

Historic 4km long anomaly wasidentified on the west side of theGachala Property.

Gachala Copper Project

Source: Rodriguez and Warden (1993). Overview of some Colombian gold deposits and their development potential. Universal Copper cautions copper mineralization on adjacent properties is not necessarily indicative of similar mineralization on the Company's property. Universal Copper has yet to verify historical information.

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Why Copper?• BHP Billiton, the world’s largest miner, see’s

copper, not lithium or cobalt, as the best way tobenefit financially from increased electric vehicle(EV) adoption rates

• Glencore, Rio Tinto & Ivanhoe Mines are alsobullish on copper

• Research suggests that copper from EV’s couldrise nine times in the next decade

GASOLINE

HYBRID

ELECTRIC

Each new generation of car needs more copper wiring:

55 lbs

110 lbs

165 lbs

Source: Visual Capitalist, U.S. Global Investors 6

Copper Market 2019Global consumption of refined copper will show steady increase overthe next few years, driven by the demand of the power industry, acontinued electric vehicle (EV) production and adoption rates as well asa positive global economic outlook for growth. Copper supply anddemand outlook by Fitch Solutions shows.

Based on Fitch’s data, global demand for refined copper will outpaceproduction and the market will be in deficit over the next few years.Fitch specifically forecasts the global refined copper balance to indicatea deficit of 247kt in 2018, and to remain under-supplied through to 2021.

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Copper Chart

Year

$U

SD

Gachala SedimentaryCopper BeltSedimentary hosted copper mineralization is generally flat lying near surface and is known to be extensive in Africa, Poland and Colombia, including the recently discovered Kamoa Deposits totaling 1.7 billion tons grading 2.5% copper. These copper deposits are generally higher grade than copper porphyry deposits.

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“The stratiform mineralization has been traced intermittently along strike for 250km within a sequence up to 100m thick.”

- Rodriquez & Warden, 1993

Universal Copper has not verified the Kamoa information.

Why Gachala Compares To DRC

Fomeque GroupCapping Carbonates

Macanal FormationArenite Sandstone

Juntas FormationOxidized Shales

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(Rodriguez and Warden, 1993) believe the Colombia Copperbelt has definite similarities to the Zambian (DRC) Copperbelt:

Rodriguez and Warden (1993). Overview of some Colombian gold deposits and their development potential. Mineralium Deposita Volume 28, pages 47-57

LATAM Andean Copper BeltThe Andean Copper Belt is the most prolific copperproducing region in the world, producing 40.92% to42.39% of world copper between 2011 and 2015.

Cretaceous to Neoproterozoic “Gachala Belt” rockslie in 250 km Colombian belt with high potential forsedimentary copper deposits.

10Source USGS Minerals Yearbook 2015

The Andean Belt is the world’s number one copper producing belt.Colombia encompasses the under-explored northern section of the richly endowed Andean Copper Belt and is a safe jurisdiction to explore:

• Colombia is the longest standing South America democracy

• Colombia has never expropriated mining lands

• The “FARC” 2016 Peace agreement, officially ended 50 years of civil war in Colombia allowing free and safe access

Eastern Colombia is a prime geologic setting for sedimentary copper deposits:

• Oxidized Devonian sediments & lower Cretaceous sediments

• Oxidized & reduced Cretaceous sediments

The Colombia belt contains 300 known mineral occurrences within the Devonian through Cretaceous sequence:

• Farallones de Medina 4 by 30km background to 14% Cu

• Cano Negro 25km strike background to 13% Cu

11Universal Copper has yet to verify historical information.

Gachala: The Next DRCUniversal Copper believes Colombia’s Gachala region hosts multiple copper deposits within an under explored 250km by 120km sedimentary belt analogous to the geological setting of the DRC copper deposits (Rodriguez and Warden, 1993).

The Gachala region is under explored due to:

• FARC occupation

Rodriguez and Warden (1993). Overview of some Colombian gold deposits and their development potential. Mineralium Deposita Volume 28, pages 47-57.

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• Peace agreement signed 2016

• Heavy vegetation

• Poor mapping

• Difficulty identifying visual mineralization

Hard-To-Identify Mineralization

Talc altered D. Strat with disseminated chalcocite. Lupoto deposit. LRD-03, 145m

S.D.B with chalcopyrite replacing dolomite that itself is after evaporate. TKA039 250.5m Kwatebala deposit

Argillite hosted Kamoa and Fishtie Deposits in the Ngube Group Grand Conglomérat

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Colombia: The Next Copper Frontier

Colombia BeltThe Gachala region hosts a sedimentary copper belt analogous to the Zambian (DRC) Copper Belt in Africa:

• Similar geological setting, stratigraphy and structure

• Copper mineralization extends for a length of over 250km by 120km

Universal Copper Property Assets48km long section of 250km belt of sedimentary copper mineralization:

• Copper mineralization adjacent to 13,280 hectare property assets

• Historic sampling with 12 of 47 samples returning values from 1.6% to 7.82% Cu on ground contiguous to Universal Copper assets

14Universal Copper cautions copper mineralization on adjacent properties is not necessarily indicative of similar mineralization on the Company's property. Universal Copper has yet to verify the historical information.

Strengthen Geological Model By:

• Systematic ground truthing of known Long Wave InfraRed Imaging (LWIR) anomalies

• Mapping and sampling the favorable Cretaceous – Devonian contact throughout the Gachala copper belt

• Developing multiple targets for significant drill program for systematic evaluation

Strategic Plan:

• Confirm and document copper along favorable contacts throughout current land holdings

• Develop drill targets for potential multiple deposit discoveries

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Exploration Looking Forward

Exploration In Progress

2019 program utilizing experienced in country geological team to:

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2019 Operating Budget ($CAD)

Property Acquisition $250,000

Exploration $1,000,000

General & Admin $240,000

Investor Relations $240,000

Cash Reserve at 2019/12/31 $500,000

Total Operation Budget $2,230,000

Less Current Cash in Bank $-50,000

New Financing $2,180,000

• Complete historical data compilation for entire 250km belt

• Evaluate and prioritize current assets utilizing planned LWIR survey

• Evaluate, prioritize and acquire additional assets utilizing geology and LWIR

• Complete surface exploration and follow up trenching programs in advance of drilling

BC Property Portfolio

• Copper porphyry with historic 43-101 resource

• One of the most advanced pre-production copper projects in the Province

• Option to acquire 100% interest

Poplar Project

• New gold discovery

• Drill ready targets in known metallogenic camp

• Option to acquire 100% interest

Princeton Project

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The Poplar Project spans 65,817 hectares and is traversed by a 138 Kva power line and mostly accessible by road. The property is located in a historic mining area, only 35km from the Huckleberry Mine and 42km from Equity Silver. The property is also accessible via rail – only 88km to Houston or 400km to a port at Prince Rupert.

Typical snowfall consists of 150cm on an annual basis, making year round work possible.

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Poplar Project

Initially discovered from outcrop exposure in the early 1970’s, the Poplar Project has seen multiple segments of historic exploration including 1974 to 1982, 1992, 2005, 2009 to 2013.

Historic exploration included:

Poplar Project History

• Soil and till geochemical surveys

• Ground magnetics and IP surveys

• Airborne magnetics and electro-magnetic surveys

• Diamond drilling: 39,648 meters in 147holes in Poplar Deposit area resulted incalculation of historic resource

• Additional 135 diamond or percussionholes totaling 6,817 meters overremaining property

• 2004 Metallurgical Study – 93% Curecovery, 81% Mo recovery 20

Historic Indicated Mineral Resource of 131 million tonnes at 0.31% Cu, 0.009 % Mo, 0.09g/t Au and 2.39 g/t Ag; Historic Inferred Mineral Resource of 132 million tonnes at 0.27 % Cu, 0.005 % Mo, 0.07 g/t Au and 3.75 g/t Ag.

Poplar Project History

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These historical indicated and inferred resources were disclosed by Lions Gate Metals Inc. in its technical report dated March 30, 2012, prepared by Gary Giroux, P Eng. To determine the historical resource, a 3-D solid was constructed to constrain the mineralized area, using a 0.1-per-cent-copper-grade shell as a guide. Large internal waste zones were modelled as were some larger postmineral dikes. Of the total database, 129 drill holes totaling 37,205 m were within the mineralized zone and were used to estimate the resource. Drill holes were compared with the mineralized solid, and assays were tagged if inside. Copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.4 per cent Cu, 0.14 per cent Mo, 0.34 g/t Au and 41 g/t Ag, respectively. Five-metre composites were formed and used for variography. For this estimate and to aid with some preliminary planning, the blocks were reduced to five by five by 10 metres in dimension and were estimated for Cu, Mo, Au and Ag by ordinary kriging. The historical resource is classified as indicated and inferred based on each block's proximity to data and the grade continuity. The historical indicated and historical inferred resource uses the categories set out in Section 1.2 of National Instrument 43-101. Universal will need to review and verify the historical drilling database and twin a number of the existing drill holes to bring the historical resources current. Investors are cautioned a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and therefore Universal is not treating the historical estimate as current mineral resources or mineral reserves.

Poplar Historic Resource Estimate

Cut-off Cu (%)

Million (tonnes)

Grade > Cut-off Contained Metal

Cu (%) Mo (%) Au (g/t) Ag (g/t) Million lbs of Cu

Million lbs of

Mo

Million ozs Au

Millon ozs Ag

0.20 131.2 0.31 0.009 0.09 2.39 896.9 26.0 0.380 10.080

Cut-off Cu (%)

Million (tonnes)

Grade > Cut-off Contained Metal

Cu (%) Mo (%) Au (g/t) Ag (g/t) Million lbs of Cu

Million lbs of

Mo

Million ozs Au

Millon ozs Ag

0.20 132.1 0.27 0.005 0.07 3.75 786.3 13.1 0.300 15.920

Indicated Resource – Within Total Blocks

Inferred Resource – Within Total Blocks

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These historical indicated and inferred resources were disclosed by Lions Gate Metals Inc. in its technical report dated March 30, 2012, prepared by Gary Giroux, P Eng. To determine the historical resource, a 3-D solid was constructed to constrain the mineralized area, using a 0.1-per-cent-copper-grade shell as a guide. Large internal waste zones were modelled as were some larger postmineral dikes. Of the total database, 129 drill holes totaling 37,205 m were within the mineralized zone and were used to estimate the resource. Drill holes were compared with the mineralized solid, and assays were tagged if inside. Copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.4 per cent Cu, 0.14 per cent Mo, 0.34 g/t Au and 41 g/t Ag, respectively. Five-metre composites were formed and used for variography. For this estimate and to aid with some preliminary planning, the blocks were reduced to five by five by 10 metres in dimension and were estimated for Cu, Mo, Au and Ag by ordinary kriging. The historical resource is classified as indicated and inferred based on each block's proximity to data and the grade continuity. The historical indicated and historical inferred resource uses the categories set out in Section 1.2 of National Instrument 43-101. Universal will need to review and verify the historical drilling database and twin a number of the existing drill holes to bring the historical resources current. Investors are cautioned a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and therefore Universal is not treating the historical estimate as current mineral resources or mineral reserves.

Poplar Jan 2019 Drill Results

Hole-ID M From M To M Interval % Cu % Mo g/t Au g/t Ag

18-PC-12623.5 404.47 380.97 0.365 0.015 0.10 2.31

374.3 404.47 30.17 0.554 0.027 0.15 4.44

18-PC-127

5.5 270.36 264.86 0.421 0.013 0.10 2.63

24.40 78.00 53.60 0.552 0.025 0.14 1.73

51.00 78.00 27.00 0.643 0.030 0.15 2.62

18-PC-1285 422.76 417.76 0.197 0.001 0.07 3.03

122.80 273.90 151.10 0.330 0.002 0.12 3.46

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Poplar Deposit Potential

• 2009 Deep IP Survey 3d Model

• Deposit open at surface

• Open to depth

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Airborne Magnetics & EM

Poplar Project

• 9 prospective targetsidentified for follow up

• UCL plans a systematicevaluation over next 12 to18 months

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LWIR SurveySericite Spectra

Poplar Project

• Sericite is a key alterationmineral in porphyrydeposits

• Poplar deposit is a clearlydefined anomaly

• Several additionalanomalies requiresystematic follow upstarting with theanomalies coincidentwith the EM

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LWIR SurveyChalcopyrite Spectra

Poplar Project

• Poplar deposit is a verysubtle anomaly

• Western side of propertyappears to be stronglyanomalous, requiringfollow up

Poplar Wide Historic ZonesAdditional Historic Targets: Incredible Opportunity to Increase Tonnage Through New DiscoveriesDual Dilys

• Quartz vein stockwork with chalcopyrite and minor molybdenite

Dual Con• Several periods of soil, IP• Strong porphyry alteration• Grab sample 0.55% Cu, 24 g/t Ag

Hill• Several periods of soil, IP• Strong porphyry alteration• 0.18% Cu over 2m drill hole

Ida• Extensive sulphide system• Disseminated chalcopyrite 0.01% to 0.61% Cu• 1973 14 holes defined area 120 by 275 m• averaging 0.16% Cu

28Universal Copper has yet to verify historical information.

• Follow up on excellent November 2018 drill resultswith further drilling

• Continue testing to depth

• Test strike extensions indicated by previous deep IPsurvey

• Begin systematic evaluation of historic sampling,Airborne EM and LWIR

• Initially focus on coincidental anomalies and historicsampling for summer 2019 drilling program

• Metallurgical sampling

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2019 Proposed Work Program

Management & Directors

Clive MasseyPresident, CEO & DirectorMr. Massey has held directorships and seniormanagement positions with various TSX VentureExchange listed companies, including CEO of RedhillResources, Windfire Capital, Aldever Resources,Prescient Mining and Universal Uranium. He has alsocoordinated the marketing programs for severalsuccessful public companies including Lumina Copper,Pacific Rim Mining, Marifil Mines, Sumo Minerals,Greystar Resources and the North Air Group ofCompanies.

Alexander Helmel, B.Sc, CISA

CFO & DirectorMr. Helmel is an Independent Management Consultantwith specific expertise working with early stage venturecompanies within the Canadian Capital Markets. Mr.Helmel focuses on private to public market transitions,corporate governance, the development of seniormanagement teams and corporate growth strategies.Mr. Helmel has served as a director or officer fornumerous private, CSE and TSX-V listed corporations

Wesley Pomeroy, P.Geo, MBA

DirectorMr. Pomeroy has been a member in good standing ofthe American Association of Petroleum Geologists andthe Rocky Mountain Association of Geologists and is aregistered Professional Geologist for the State ofWyoming. He is also currently a consulting geologistwith Vortex Petroleum Inc. out of California and hasserved as a director of several junior mining companiesfor over 30 years.

James Hyland, B.Comm

DirectorMr. Hyland brings more that 25 years of experience inthe public markets to the board as a financial andmarketing consultant, a corporate founder andmanager of numerous early stage public and privatebusinesses. Mr. Hyland earned a Bachelor of Commercein Entrepreneurial Management from Royal RoadsUniversity of Victoria, BC.

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Technical Advisory Board

Andres TrivinoWith more than 21 years of professional experience,Andres worked for Price Waterhouse Coopers Canadafor over 12 years advising corporations in Canada, USA,Colombia, Brazil, Mexico, Venezuela, Cuba and theDominican Republic. As part of the PwC Latin AmericanGroup and the Deals and Consulting Group, he advisedcompanies in Strategy, Corporate Finance, CorporateRestructuring, Mergers and Acquisitions and BusinessValuations. His experience encompasses mining,energy, Infrastructure, technology, financial services,telecom and entertainment. Andres Trivino is fluent inthree languages and is the President of the CanadaColombia Chamber of Investment and Trade where heoffers an independent voice to promote investmentand trade between the two countries.

Tim Henneberry, P.Geo, B.ScMr. Henneberry is a Professional Geoscientist registeredin British Columbia with over 37 years experience inboth exploration and production and public companysenior management. Mr. Henneberry has extensiveexperience in mineral exploration and development forprecious and base metals and industrial minerals. Hehas worked in western and northern Canada,southwestern United States, Africa and South America.

Ricardo Valls, P.Geo, B.Sc, M.ScMr. Valls has spent more than thirty-six years in themining industry and has extensive geological,geochemical, and mining experience. Mr. Valls hasmanaged all phases of the exploration and mining cyclewith a background in research techniques and trainingof technical personnel. Mr. Valls is fluent in English,French, Spanish, and Russian and has been involved invarious projects worldwide including Canada, Africa,Russia, Argentina, Haiti, Cuba, Indonesia, Central andSouth America.

Thanks For ReadingWe value our investors - Please contact us via your preferred method if you have any questions.

Universal Copper Ltd.

#830 – 1100 Melville St.

PO Box 43, Vancouver, BC. V6E 4A6

+1 604-341-6870

+1 604 395-7068

info@universalcopper.com

universalcopper.com

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The information contained in this Presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for or purchase the securities discussed hereinin any jurisdiction. Neither this Presentation nor any part of it shall form the basis of, or be relied upon in connection with any offer, or act as an inducement to enter into any contract orcommitment whatsoever. No representation or warranty is given, express or implied, as to the accuracy of the information contained in this Presentation.

This Presentation contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-lookingstatements concern future circumstances and results and other statements that are not historical facts. The forward-looking statements, contained in this Presentation, including assumptions,opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are uncertain and subject to risks. A multitude of factors can cause actual events todiffer significantly from any anticipated development. Neither the Company nor any such person’s, officers or employees guarantee that the assumptions underlying such forward-lookingstatements arefree from errors and omissions nor do any of them accept any responsibility for the future accuracy of the opinions expressed in this Presentation or the actual occurrence of the forecasteddevelopments.

The information contained herein has been prepared to assist the Recipients in making their own evaluation on the Company and does not purport to contain all information that they may desire.In all cases, the Recipients should conduct their own investigation and analysis of the Company, its business, prospects, results of operations and financial condition as well as any other informationthe Recipients may deem relevant.

The Company does not make any representation or warranty, express or implied, as to the accuracy or completeness of this Presentation or of the information contained herein and shall have noliability for the information contained in, or any omissions from, this Presentation, nor for any of the written, electronic or oral communications transmitted to the Recipients (including withoutlimitation its directors, employees, representatives and advisors).

Neither the receipt of this Presentation by any Recipients, nor any information contained herein or supplied herewith or subsequently communicated in written, electronic or oral form to anyperson in connection with the contemplated issue of shares in the Company constitutes, or shall be relied upon as constituting, the giving of investment advice to any such person. Each personshould make their own independent assessment of the merits of investing in the Company and should consult their own professional advisors. By receiving this Presentation you acknowledge andagree that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and are solely responsible forforming your own opinion of the potential future performance of the Company’s business.

Poplar Project historical indicated and inferred resources were disclosed by Lions Gate Metals Inc. in its technical report dated March 30, 2012, prepared by Gary Giroux, P Eng. To determine thehistorical resource, a 3-D solid was constructed to constrain the mineralized area, using a 0.1-per-cent-copper-grade shell as a guide. Large internal waste zones were modelled as were some largerpostmineral dikes. Of the total database, 129 drill holes totaling 37,205 m were within the mineralized zone and were used to estimate the resource. Drill holes were compared with the mineralizedsolid, and assays were tagged if inside. Copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.4 per cent Cu, 0.14 per cent Mo, 0.34 g/t Au and 41 g/t Ag,respectively. Five-meter composites were formed and used for variography. For this estimate and to aid with some preliminary planning, the blocks were reduced to five by five by 10 meters indimension and were estimated for Cu, Mo, Au and Ag by ordinary kriging. The historical resource is classified as indicated and inferred based on each block's proximity to data and the gradecontinuity. The historical indicated and historical inferred resource uses the categories set out in Section 1.2 of National Instrument 43-101. Universal Copper will need to review and verify thehistorical drilling database and twin a number of the existing drill holes to bring the historical resources current. Investors are cautioned a qualified person has not done sufficient work to classifythe historical estimate as current mineral resources or mineral reserves, and therefore Universal Copper is not treating the historical estimate as current mineral resources or mineral reserves.

R. Tim Henneberry, P.Geo. (BC), a member of Universal Copper's Advisory Board, is the Qualified Person who has reviewed and approved the technical content in this presentation.

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DisclaimerThis presentation (the “Presentation”) has been prepared solely for information purposes in connection with the contemplated issue of shares inUniversal Copper Ltd. (“UNV” or the “Company”) and is being furnished by UNV to a limited number of parties (the “Recipients”) who have apotential interest in subscribing for shares in the Company.

The Presentation is strictly confidential and any disclosure, use, copying and circulation of this Presentation is prohibited without the consent ofthe Company.