Lightning Minerals Limited · ASX:L1M
Lightning Minerals — Merger or Acquisition (April 2024)
29 slides from Lightning Minerals's merger presentation, Apr 23, 2024
Slide 1: Entering Lithium Valley, Brazil: A Transformative Acquisition
For personal use only Entering Lithium Valley, Brazil: A Transformative Acquisition Expanding Lightning Minerals' Influence in Global Lithium April 2024 ASX : L1M lightningminerals.com.au
Slide 2: Important Notice and Legal Disclaimer
Important Notice and Legal Disclaimer This presentation has been prepared by Lightning Minerals Ltd ACN 656 005 122 (‘Company’) to provide readers No representation or warranty, express or implied, is given as to the fairness, accuracy, completeness, with background information only to obtain a gene
Slide 3: Proposed Acquisition in Brazil: The Strategic Rationale
Proposed Acquisition in Brazil The Strategic Rationale For personal use only Complementary to Lightning’s existing portfolio of clean energy metals exploration projects Aligned with L1M’s strategic vision of the exploration and extraction of critical metals vital for meeting the global demand in tra
Slide 4: Brazil Transaction Overview
Brazil Transaction Overview 22,142,857 shares in the Company (L1M Shares) to the value of A$1,550,000 based on an issue price of A$0.07 per L1M Share Consideration For personal use only 6,000,000 L1M options, with an exercise price at a 50% premium to the L1M Share price of A$0.07 and an expiry date
Slide 5: Why Lightning Minerals?
Why Lightning Minerals? A global player with strategic assets in Brazil, Australia, and For personal use only Canada, tapping into established mining jurisdictions with excellent potential Optimal timing for the company to capitalise on opportunities in the Lithium sector Exploration across suite of
Slide 6: Capital Structure Pre VS Post Transaction
Capital Structure Pre VS Post Transaction For personal use only $0.074 $3.2M $2.57M Share Price (17 Apr 2024) Market Cap Cash (31 Dec 2023) Pre-Transaction 49.9M 27M 11M 6M TOP 20 Shares on Issue Listed Options Unlisted Options Performance Rights 51.71% Post-Transaction 99.3M 37M 17M 45M Shares on I
Slide 7: Team
Team For personal use only Alex Biggs MANAGING DIRECTOR Mr Biggs is a qualified Mining Engineer and Mechanical Engineer. He has over 20 years’ experience in the engineering and mining sectors including corporate, operations, consulting and finance, including capital raising, both equity and debt as
Slide 8: The Electric Revolution and Critical Minerals Market
The Electric Revolution and Critical Minerals Market For personal use only Policy Driven Change Mass Adoption A substantial rise in critical minerals is needed By 2035, more than half of new passenger vehicles sold worldwide will be electric, 42x to swiftly deploy clean energy technologies as Projec
Slide 9: Global Lithium Exploration
Global Lithium Exploration For personal use only ASX : L1M
Slide 10: Entering Brazil
Entering Brazil For personal use only Exploration in an emerging region, rich in proven significant Resources. Opportunity for discovery in a highly prospective region. Previous Lithium exploration has yielded notable success within brief timeframes, showcasing Minas Gerais’ prospectivity. De-risked
Slide 11: Brazil: A Clear Path to Mining
Brazil: A Clear Path to Mining SGML LRS LRS SGML For personal use only Discovery Discovery Maiden MRE Mining Pre-2017 JAN 2019 MAR 2022 MAY 2022 DEC 2022 DEC 2022 APR 2023 Maiden MRE Discovery Maiden MRE SGML LTH LTH Sigma Lithium (NASDAQ: SGML) - Grota do Cirilo Project Current Resource: 108.9Mt @
Slide 12: Caraíbas and Sidrônio Projects
Caraíbas and Sidrônio Projects For personal use only Location 3,372 Ha in the Eastern Brazilian Pegmatite Province “Lithium Valley” of Minas Gerais. 20km south of Latin Resources’ (ASX: LRS) Colina project (70.3Mt @ 1.27% Li2O) and Sigma Lithium’s (NASDAQ: SGML) Grota do Cirilo project (108.9Mt @ 1.
Slide 13: Caraíbas and Sidrônio Projects: Strong Regional Geology
Caraíbas and Sidrônio Projects For personal use only Strong Regional Geology Regional trends in aeromagnetic features suggest structural trends similar to those at nearby Colina and Fogs Block Lithium deposits. Coupled with historic sampling and strong indicators of Lithium mineralisation immediate
Slide 14: Caraíbas Project Images
Caraíbas Project Images For personal use only Photograph of sample VLR1269 showing lepidolite Photograph of sample BLR237 showing Photographic example of workings located within the larger Caraíbas minerals within pegmatite sample. lepidolite minerals within pegmatite tenement area (805118mE, 819390
Slide 15: Dundas Projects
Dundas Projects 2 Project Areas For personal use only Located in the emerging lithium super province in Western Australia, close to major Resource projects and infrastructure. Location Northern tenements 30km east of Bald Hill 26.5Mt at 1.0% Li2O. Southern tenements surround Liontown Resources (ASX:
Slide 16: Dundas Results
Dundas Results ID of 28 geophysical targets. 8km2 lithium anomalism up to 218ppm For personal use only Li identified on tenement E63/2000. Drilling complete February 202412 4km2 Lithium anomalism up to 112ppm Li and 135ppm Rb identified on lease E63/2001 with pegmatites intersected during drilling7
Slide 17: Quebec, Canada: A Lithium Powerhouse
Quebec, Canada A Lithium Powerhouse For personal use only Over 300Mt+ Lithium Resources at high Li2O grades recently defined. Team experienced in Canadian exploration, discovery and project growth. Strategic location as a North American battery minerals hub. Minas Gerais Western Australia Quebec ASX
Slide 18: Dalmas Project
Dalmas Project Size For personal use only 47km2 Location 150km east of Patriot Battery Minerals' Corvette lithium project (ASX:PMT and 45km east of Winsome Resources' Adina lithium project (ASX: WR1). Target 113 multispectral targets with 4 discrete clustered areas of interest. Previously mapped out
Slide 19: Hiver Project
Hiver Project For personal use only Size 32km2 Location Adjacent to Megado Resources' Cyclone Lithium project (ASX: MEG). Target 52 multispectral targets with 4 discrete clustered areas of interest. Previously mapped outcropping pegmatite lithologies occur on the tenement5,6 Plans Phase 1 reconnaiss
Slide 20: Timeline of Work
Timeline of Work Q2 24 BRAZILuse only Q3 24 Q4 24 Q1 25 Reconnaissance and ground Rock chip assays Drill target generation Drilling assays truthing Target area follow up Phase 1 drilling Phase 2 drill target planning and Rock chip sampling generation personal Thesis development Thesis development Dr
Slide 21: Invest in Lightning
Invest in Lightning For personal use only Growth Strategy Multiple targets and work programs. Well positioned in tier-1 jurisdictions in a relevant and growing sector. Targeted approach to exploration across all projects. Experienced Team Multi-disciplined team. Proven track records of company growt
Slide 22: More Information
For personal use only More Information Alex Biggs Managing Director alex@lightningminerals.com.au ASX : L1M Approved for release by the Board of Directors lightningminerals.com.au
Slide 23: Appendices
For personal use only ASX : L1M Appendices
Slide 24: Appendix – Other Projects
Appendix 1 – Other Projects Tenement centred 30km east-southeast of Leonora Jindalee/Newmont JV For personal use only Mailman Hill drilling in 2003 120km2 Au Drilling and sampling up to 2015 provided anomalous results Directly south of Cavalier Resources' (ASX: CVR) Crawford gold project (E37/1408)
Slide 25: Appendix 2: Soil Sampling Results Dundas
Appendix 2: Soil Sampling Results Dundas For personal use only Dundas South Lithium Results (E63/2000) Dundas North Lithium Results ASX : L1M
Slide 26: Appendix – Relevant Announcements
Appendix 3 – Relevant Announcements For personal use only 1ASX announcement 09 February 2023 - Geophysical Interpretation Identifies 28 Target Areas 2ASX announcement 23 March 2023 - Lithium Soil Anomaly Identified at Dundas South Project 3ASX announcement 23 January 2023 - Soil Sampling Identifies
Slide 27: Appendix – Top Shareholders (09 Apr 24)
Appendix 4 – Top 20 Shareholders (09 Apr 24) Position Holder Holding % Position Holder Holding % 1 TORONGA PTY LTD 8,500,000 17.05% 11 MR BENEDICT CARL WILLIAM 621,000 1.25% For personal use only HOLLAND 2 APERTUS CAPITAL 3,125,000 6.27% 12 AVANCO INVESTMENTS PTY 600,000 1.20% LTD 3 FMG RESOURCES PT
Slide 28: Appendix – Deal Structure (Brazil)
Appendix 5 – Deal Structure (Brazil) For personal use only Position Holder Value (A$) Notes Cash - Shares 22,142,857 0.07 1,550,000 20-Day VWAP Performance Shares (Milestone 1) 14,285,714 0.07 1,000,000 5Mt Resource Performance Shares (Milestone 2) 14,285,714 0.07 1,000,000 10Mt Resource Performance
Slide 29: Appendix – Dalmas and Hiver Pegmatites
Appendix 6 – Dalmas and Hiver Pegmatites For personal use only Dalmas and Hiver Pegmatite Discovery15 Left: Pegmatite containing potential beryl (±Apatite?) mineral within Dalmas Project (Pen lid for scale, 316859mE, 5943604mN, WGS 84/UTMZ19N), ASX : L1M Right: Quartz Feldspathic pegmatite sample ta
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