Manganese X Energy Corp. · TSXV:MN

Manganese X Energy — Investor Presentation (August 2022)

28 slides from Manganese X Energy's investor presentation, August 2022

  1. Slide 1: Mining the Future

    @ anese ng X Energy Corp “MINING THE FUTURE OUR MISSION: To become the first publicly traded mining company in Canada and the US to commercialize high-purity EV-compliant manganese. TXSV:MN OTCQB: MNXXF FSE:9SC TRADEGATE:9SC AUG 2022 MANGANESE X ENERGY CORP.

  2. Slide 2: Disclaimer

    DISCLAIMER manganese X Energy Corp Certain statements in this presentation are forward-looking statements which may include, but are not limited to, statements with respect to the future financial or operating performance of Manganese X Energy Corp. and its projects, the market conditions, business

  3. Slide 3: Value Proposition

    MANGANESE X ENERGY bbe VALUE PROPOSITION manganese Strategically Located r- Metallurgical Process Ove tne The Battery Hill manganese deposit is ete) Battery Hill Carbonate ore is easily leachable, strategically located in New Brunswick, Canada, — allowing for direct production of high-purity with pr

  4. Slide 4: Why Manganese X Is a Good Investment?

    WHY MANGANESE X IS bbs. A GOOD INVESTMENT? manganese Our MnSO4 is 99.95% pure, contains few impurities and is free of selenium, which is highly toxic to batteries. / 90% of the global capacity for production of high-purity manganese sulphate for EV batteries is located in China. There is currently n

  5. Slide 5: PEA Highlights

    PEA HIGHLIGHTS: boo manganese X Energy Corp Robust Economics + After-tax net present value using a 10% discount rate ("NPV10"): $486 million + 25% internal rate of return ("IRR") + Capital costs ("CAPEX") of $350 million with a payback of 2.8 years + Average annual gross revenue of $177 million per

  6. Slide 6: What Makes Us So Special?

    WHAT MAKES US SO SPECIAL? manganese Vv The cathode is the energy source of the lithium-ion battery. It has the greatest impact on battery performance, safety and price. Our high-purity manganese sulphate monohydrate (HPMS\M) is a key constituent to the cathode and e does not contain selenium. 98% of

  7. Slide 7: Manganese Is an Essential Material for Batteries

    MANGANESE IS AN ESSENTIAL boo MATERIAL FOR BATTERIES manganese @ Electric vehicles (EV) NMC- (Li-Ni-Mn-Co), LM FP- (Li-Mn-Fe-P) and LMO-type (Li-Mn oxide) batteries ®@ Household disposable batteries Alkaline Zn-Mn dioxide e@ Grid energy storage NMC (Li-Ni-Mn-Co) and LMFP (Li-Mn-Fe-P) @ Low-voltage b

  8. Slide 8: Battery & EV Trends

    BATTERY & EV TRENDS Vv Tesla projected to put into operation 5 new Gigafactories around the world in the next 5 years. The new Tesla 4680 battery contains 33% manganese in the cathode. Vv Volkswagen intends to build 6 new Gigafactories by 2030. VY GMis investing $10 billion in developing 25 EV model

  9. Slide 9: EV Market Trends

    EV MARKET TRENDS manganese X Energy Corp Less than 2.5% of the total Major European countries, as well as India 91.6 million passenger and China,among other nations, are planning vehicles sold in 2019 were to phase out internal combustion engines electric. within the next 20 years. Historical and ta

  10. Slide 10: Expected Increase in EV Sales to Drive Battery Materials Demand

    EXPECTED INCREASE IN EV SALES TO DRIVE bb. BATTERY MATERIALS DEMAND manganese Manganese for Batteries Demand Forecast 1,200,000 — 1,000,000 800,000 600,000 Tonnes 400,000 200,000 [0] 2017 +2018 2019 2020F 2021F 2022F 2023F 2024F 2025F 2026F 2027F Manganese demand, just from lithium-ion batteries, ex

  11. Slide 11: Why Manganese Is a Better Choice Than Cobalt

    WHY MANGANESE IS ABETTER CHOICE THAN COBALT manganese Manganese is vastly more affordable. With a trading value of $1,400 US per tonne, versus cobalt’s $61,000+ US per tonne. “Data from Korea Mineral Resource Information Service Manganese can be mined ethically. Manganese-based batteries are safer t

  12. Slide 12: Battery Minerals and Technology Assets

    BATTERY MINERALS AND TECHNOLOGY ASSETS manganese Manganese Flagship Asset — Battery Hill Manganese Deposit Other Assets e Peter Lake Nickel-Cobalt Project ¢ Disruptive Battery Corp.

  13. Slide 13: Battery Hill

    BATTERY HILL i 44s. Responsible and Ethical SourceofManganese anganese e The Battery Hill project consists of 55 claims totaling 1228 hectares located in New Brunswick. e|t encompasses all or part of five Manganese zones, Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield. The deposits

  14. Slide 14: Battery Hill

    BATTERY HILL Responsible and Ethical Source of Manganese manganese X Energy Corp e|n 2021, we received a NI 43-101-compliant resource estimate Technical Report on our Battery Hill property. Sensitivity analysis of the Battery Hill deposit to cut-off grade indicates 12.25 million tonnes of measured a

  15. Slide 15: Simple Processing Steps

    SIMPLE PROCESSING STEPS manganese X Energy Corp Mining iad Crushing — Leaching v Solid-Liquid Separation v Multi-stage Purification 7 Crystallization High-Purity MnSo4

  16. Slide 16: Peter Lake Ni-Cu-Co Property

    PETER LAKE Ni-Cu-Co bbs. PROPERTY manganese wa - \ ~ a e Two Copper-Nickel-Cobalt occurrences | ’ _ i 0. S Ba known as Peter Lake North and Peter Lake \ ) . Peter Lake North South are included within the property. Ca eg 7 i >) Previous grab sampling returned values BO j ranging from 0.4% to 22.8% co

  17. Slide 17: Disruptive Battery Corp.

    4s. DISRUPTIVE BATTERY CORP. manganese X Energy Corp In order to take advantage of this new patented technology, the Company then formulated our 50% joint venture with PureBiotic AIR® Corporation, which already had a base of both innovative air systems plus, most importantly, a misting technology th

  18. Slide 18: Disruptive Battery Corp.

    DISRUPTIVE BATTERY CORP. s44 manganese X Energy Corp In conjunction with this final development, Virginia State University (“VSU”) will continue its research and testing of the US-patented HVAC Delivery System for mitigation of Covid-19 and other contaminants. all types and sizes of HVAC systems as

  19. Slide 19: Key Milestones

    KEY MILESTONES Manganese *PEA ¢ Pilot Project +» Preparation for pre-feasibility Study ¢ Pilot Project ¢ Pre-feasibility Study * Demonstration Plant ¢ Obtaining environmental and respective mining permits * Producing high-purity materials in preparation for mining. AUG 2022 manganese X Energy Corp «

  20. Slide 20: 2022 Strategies and Goals

    MANGANESE X ENERGY 2022 STRATEGIES AND GOALS manganese Vv Successfully complete the Battery Hill project PEA 7 e and fast-track directly into pre-feasibility or feasibility study. Vv Pursue negotiations with a multi-national company to explore future development and sales of our value-added manganes

  21. Slide 21: Corporate Strategy

    CORPORATE STRATEGY manganese X Energy Corp Focus on metallurgy from the start to de-risk project Target a key strategic product - high-grade manganese sulphate for electric vehicles and stationary battery systems Invest in research and development of downstream products Partnership with downstream p

  22. Slide 22: North America Is Dependent on Manganese Imports

    NORTH AMERICA IS DEPENDENT ON MANGANESE IMPORTS Other countries, 12% India, 5% South Africa, 30% Brazil, 7% China, 7% Ghana, 8% Australia, 18% AUG 2022 4s. manganese X Energy Corp Presently, there is no manganese mining production in the United States or Canada. Manganese X Energy has the potential

  23. Slide 23: Manganese Uses

    MANGANESE USES manganese X Energy Corp Manganese is an important mineral that is used in steel production. Other uses include: Batteries EV and stationary energy storage batteries by Chemicals @ Agriculture (fertilizer, animal feed, fungicide) @ Water purification © Pigments @ Manganese ferrite (use

  24. Slide 24: Management Team

    MANAGEMENT TEAM 44s. manganese X Energy Corp Martin Kepman, Chief Executive Officer & Director Martin Kepman and Associates Inc, founded in 1982, is a business development and management consulting firm owned and operated by its President Martin Kepman. Martin, in his 34 years of consulting experien

  25. Slide 25: Management Team

    MANAGEMENT TEAM 44s. manganese X Energy Corp Jay Richardson, Chief Financial Officer & Director Jay Richardson is a Canadian Chartered Accountant (CA CPA), a Singapore Certified Public Accountant (CPA) and a Fellow of the Insolvency Practitioners’ Association of the United Kingdom (FIPA). He has pra

  26. Slide 26: Board of Directors

    BOARD OF DIRECTORS manganese X Energy Corp Luisa Moreno, Ph.D., Director Dr. Moreno possesses unparalleled expertise in strategic minerals and related processes. She is currently Founder and Managing Director at Tahuti Global. Prior to this, she spent 7 years asa Financial and Senior Equity Analyst

  27. Slide 27: Financial Details

    FINANCIAL DETAILS Warrants 13,252,940 6,000,000 5,047,552 Exercise $0150 $0.400 $0.440 Expiry Sep 2023 Oct 2022 Feb 2023 Options Exercise Expiry 300,000 012 1,500,000 0.20 700,000 0.86 800,000 0.25 2,600,000 0.25 300,000 0.50 5,000,000 0.40 Moy 22 saz September 2024 September 2023 September 2023 Dec

  28. Slide 28: Manganese X Energy Corp. closing message

    Me. X Energy Corp “tis our corporate mandate to become the first publicly traded manganese company in North America to pursue commercialization of a manganese deposit. The company is currently proceeding with a plant pilot project for demonstration purposes that will be capable of repeatedly and con

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