Westwater Resources, Inc. · AMEX:WWR

Westwater Resources — IPO Roadshow (May 2019)

23 slides from Westwater Resources's IPO roadshow presentation, May 8, 2019

  1. Slide 1: Cautionary statement: Free Writing Prospectus

    Cautionary statement 2 STATEMENT ABOUT FREE WRITING PROSPECTUS This presentation highlights basic information about Westwater Resources, Inc. (the “Company,” “Westwater,” “WWR,” “our,” “we” or “us”). Because it is a summary that has been prepared solely for informational purposes, it does not contai

  2. Slide 2: Cautionary statement regarding forward-looking statements

    Cautionary statement 3 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events.

  3. Slide 3: Westwater – A Green-energy material developer

    Westwater – A Green-energy material developer 4 Developing a battery ready graphite business in Alabama – scheduled for production in 2022. Now with a vanadium discovery. Exploring for lithium in Nevada and Utah on three highly prospective properties Leverage to a rising uranium price with two licen

  4. Slide 4: Stock & Financial snapshot

    1 Shares and Options/Warrants Outstanding as of May 7, 2019 2 Does not include $3.7 million in restricted cash for collateralization of reclamation bonds Shares outstanding 1 1.5 million Share Price (5/7/2019) $6.80 Options/Warrants 1 36,000 Market Capitalization (5/7/2019) $10.1 million Cash and Eq

  5. Slide 5: Green-energy Asset Portfolio

    Green-energy Asset Portfolio 6 COOSA Graphite Project 41,900 mineral rights acres in Alabama – now with a vanadium discovery Only battery grade graphite mining project in the continental USA (Roskill) US has no current production of natural graphite – 100% imported (Roskill) Lithium Projects Columbu

  6. Slide 6: The Coosa graphite project provides key advantages

    The coosa graphite project provides key advantages 7 The Coosa Graphite Project is the only near term source of domestically naturally produced graphite Proprietary technologies for producing low cost battery grade graphite have been successfully applied to Coosa graphite. Current relationships with

  7. Slide 7: Business plan for the Coosa graphite project

    business plan for The Coosa graphite project Project Plan Processing uses 50 year old, proven, environmentally sustainable technology.. Processing begins on purchased feedstock which is widely available. The mine is deferred, permitting is no longer the critical path. Pilot plant starts in 2020, gen

  8. Slide 8: The Lithium-ion battery: graphite is a major component

    The Lithium-ion battery: graphite IS a major component 9 Why Graphite Matters: Graphite is a critical component of all types of batteries. Coated Spherical Purified Graphite (CSPG) is a critical input material in lithium-ion batteries. * The US Government has defined graphite as “Critical to the nat

  9. Slide 9: Batteries – Enabling wind and solar power generation

    BATTERIES – Enabling wind and solar power generation 10 Solar: ~13% Annual Growth Rate** Wind: ~8% Annual Growth Rate* Large battery storage enables and improves wind and solar power generation performance by storing energy for times when the wind does not blow and the sun does not shine. *Average g

  10. Slide 10: Green-energy Asset Portfolio

    Green-energy Asset Portfolio 11 COOSA Graphite Project 41,900 mineral rights acres in Alabama – now with a vanadium discovery Only battery grade graphite mining project in the continental USA (Roskill) US has no current production of natural graphite – 100% imported (Roskill) Lithium Projects Columb

  11. Slide 11: Westwater lithium projects

    Westwater lithium projects 12 Exploration underway Columbus Basin Project Railroad Valley Project Evaluation underway Water Rights Granted Sal Rica COLUMBUS BASIN: Expanded to >14,200 acres; good highway, power access and ample groundwater. Water rights owned by Westwater. Phase 1 drilling program c

  12. Slide 12: Strong battery market fundamentals

    Strong BATTERY market Fundamentals Electric cars and buses forecasted to grow at a 23% compound annual growth rate.* Automakers are making the change to electric. England: no more gasoline & diesel vehicles by 2040.** China: currently mandates that 10% of total vehicle sales will be electric or hybr

  13. Slide 13: Green-energy Asset Portfolio

    Green-energy Asset Portfolio 14 COOSA Graphite Project 41,900 mineral rights acres in Alabama – now with a vanadium discovery Only battery grade graphite mining project in the continental USA (Roskill) US has no current production of natural graphite – 100% imported (Roskill) Lithium Projects Columb

  14. Slide 14: Uranium: Near term price catalysts

    Uranium: Near term Price Catalysts 15 The US government is considering quotas and/or tariffs on uranium – A “Section 232 Investigation” recommendation from the Secretary of Commerce is on the President’s desk.* Two prospective outcomes – both may drive uranium prices higher with meaningful upside po

  15. Slide 15: Green-energy Asset Portfolio

    Green-energy Asset Portfolio 16 COOSA Graphite Project 41,900 mineral rights acres in Alabama – now with a vanadium discovery Only battery grade graphite mining project in the continental USA (Roskill) US has no current production of natural graphite – 100% imported (Roskill) Lithium Projects Columb

  16. Slide 16: Vanadium Discovery Confirmed

    Vanadium Discovery CONFIRMED 17 Independent lab results demonstrated a wide-spread distribution of vanadium mineralization throughout the central portion of the Coosa project. Exploration is planned for 2019. Recent assay results indicate values from 0.15% vanadium pentoxide (V2O5) to 0.40% V2O5. Va

  17. Slide 17: The Vanadium opportunity for Westwater

    The Vanadium opportunity for westwater 18 U.S. Geological Survey listed vanadium as one of 23 critical mineral resources of the United States; yet there is not a primary vanadium mine currently in the country.* Vanadium is used primarily in the production of steel alloys; as a catalyst for the chemi

  18. Slide 18: Our team: tenured leaders in energy minerals development

    Our team: tenured leaders in energy minerals development 19 Christopher M. Jones, President and CEO Joined in March 2013; more than 35 years of industry experience; licensed Professional Engineer (US and Canada), taking projects from concept to production B.S. in Mining Engineering from South Dakota

  19. Slide 19: Experience matters – demonstrated history by management

    Experience matters – demonstrated History by management 20 Energy minerals exploration and development is a process that requires discipline and diligent capital stewardship: Restructured and recapitalized Company over the past several years, repositioning Westwater as a diversified energy materials

  20. Slide 20: Why Westwater as an investment?

    Why westwater as an investment? 21 Benefiting from strong fundamental market drivers Continuing to expand our portfolio in green energy materials Leverage to rising uranium price with one of the largest uranium mineralization bases in the U.S. and two licensed uranium processing facilities in Texas.

  21. Slide 21: Why Westwater as an investment? (cont.)

    Why westwater as an investment? (CONT.) 22 Company to purchase concentrated graphite from a third-party for processing in our commercial plant by 2022. Strong asset portfolio with upside potential Electric cars and buses forecasted to grow at 23% compound growth rate.* Proven management team with ex

  22. Slide 22: Energy Materials for the Twenty-First Century – Contact Us

    ENERGY MATERIALS FOR THE TWENTY-FIRST CENTURY Contact Us 23 Westwater Resources Contact: Investor Relations Contact: Christopher M. Jones, President & CEO Michael Porter Phone: 303.531.0480 Porter, LeVay and Rose Jeff Vigil, VP Finance & CFO Phone: 212.564.4700 Phone: 303.531.0481 Email: Westwater@p

  23. Slide 23: Westwater – Energy Materials for the Twenty-First Century

    V7 WESTWATER s Roc ENERGY MATERIALS FOR THE TWENTY-FIRST CENTURY Westwater Resources Contact: Investor Relations Contact: Christopher M. Jones, Presi Phone: 303.531.0480 Jeff Vigil, VP Finance & Phone: 303.531.0481

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