New Age Metals Inc · TSXV:NAM
New Age Metals — Investor Presentation (February 2026)
38 slides from New Age Metals's investor presentation, Feb 27, 2026
Slide 1: At the Forefront of Critical and Precious Metals Exploration
TSXV: NAM OTCQB: NMTLF FSE: P7J At the Forefront of Critical and Precious PALLADIUM GOLD LITHIUM GOLD COPPER Metals Exploration PLATINUM CESIUM ANTIMONY RHODIUM TANTALUM www.NewAgeMetals.com SILVER
Slide 2: Disclaimers
DISCLAIMERS SAFE HARBOUR STATEMENT FORWARD-LOOKING STATEMENTS This report includes forward-looking statements covered by the Private Securities Certain information presented, including discussions of future plans and operations, Litigation Reform Act of 1995. Because such statements deal with future
Slide 3: New Age Metals Summary
New Age Metals Summary Strategic Shareholder • Eric Sprott one of the world’s best known mining • Gold–Antimony – Newfoundland (Q1-2025) • 11 projects in a top-tier mining jurisdiction financiers and owns ~36% High-grade gold and critical antimony focus • Aggressive acquisition strategy underway Cor
Slide 4: Diversified Portfolio, Critical Metal Focus
DIVERSIFIED PORTFOLIO, CRITICAL METAL FOCUS PLATINUM GROUP METALS DIVISION RIVER VALLEY PALLADIUM GENESIS PGM-COPPER- PROJECT NICKEL PROPERTY SUDBURY REGION, ONTARIO, CAN ALASKA, USA Northern Shield PGM- Copper-Nickel Project NEWFOUNDLAND DIVISION RING OF FIRE, ONTARIO, CAN CRITICAL METALS – GOLD AN
Slide 5: Corporate Overview
New Age Metals CORPORATE OVERVIEW CAPITAL STRUCTURE SHAREHOLDERS 73,006,494 ISSUED & OUTSTANDING ERIC SPROTT (~30%) 5,499,166 OPTIONS MANAGEMENT (~5%) 9,150,052 WARRANTS INSTITUTIONAL (~10%) 87,655,713 FULLY DILUTED RETAIL (~55)% 2 APPROX. $33.6M MARKET CAP (CAD) CASH + Marketable Securities $0.45 S
Slide 6: Board of Directors
BOARD OF DIRECTORS HARRY BARR COLIN BIRD CHRIS BERLET CHAIRMAN & CEO DIRECTOR DIRECTOR Founder, Chairman and CEO of International Metals Group 30+ years of international experience in developing, Currently serving as the President & CEO, Director of Canuc financing, operating and managing nickel, co
Slide 7: Senior Management Team
NEW AGE METALS Senior Management Team ALI HASSANALIZADEH, M.Sc., P. Geo., HARRY BARR MAX KACZMER P. Geo. MBA CHAIRMAN & CEO EXPLORATION MANAGER ADVISORY BOARD, CONSULTING GEOLOGIST ROBERT GUANZON FARID MAMMADOV PAUL POGGIONE, CIM CHIEF FINANCIAL OFFICER VICE PRESIDENT, INVESTOR RELATIONS STRATEGIC D
Slide 8: Community Engagement
COMMUNITY ENGAGEMENT ABORIGINAL COMMUNITY RELATIONS NAM has established strong relationships with aboriginal communities in Ontario and Manitoba EXPLORATION AGREEMENTS NAM has long standing agreements with the Temagami First Nation (2014) and the Nipissing First Nation (2022) in Ontario and the Sagk
Slide 9: Platinum Group Metals Division
Areal View of Dana North Outcrops and Access Road– View Looking westwards PLATINUM GROUP METALS DIVISION Pd Pt Rh
Slide 10: Palladium (Pd) Market
PALLADIUM (Pd) MARKET Pd in supply deficit since 2012 Auto industry demand ~85%. Temporary auto chip shortage decreasing demand for Pd. Recovery expected in H2 20222 Pd is one out of the big 4 precious metals (Gold, Silver, Platinum and Palladium) More emissions legislation gives favourable outlook
Slide 11: The Future Hydrogen Economy
The Future Hydrogen Economy WPIC 2023 11 H1 2026 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2
Slide 12: River Valley Palladium Project
RIVER VALLEY PALLADIUM PROJECT Located 100 road-km from Sudbury, Ontario Long-established, world- class Ni-Cu (PGM) mining district Major mineral processing & metal recovery facilities H1 2026 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 12
Slide 13: River Valley Project Overview
RIVER VALLEY PROJECT OVERVIEW FACTS1(appendix) Primary Metals: Pd, Pt, Cu (Primary PGM Deposit) Project Stage: PEA completed summer 2023 Location: near City of Sudbury, Ontario River Valley Project Mineral 2.25 Moz Pd+Pt+Au (M+I) & 1.7 Moz (Inf.) (M&I: 89 Mt @ $47.3/t NSR Resources: (updated October
Slide 14: 2021 Updated Mineral Resource Estimate Results
2021 UPDATED MINERAL RESOURCE ESTIMATE RESULTS At cut-offs of CDN$15/t NSR (pit constrained) and CDN$50/t NSR (out-of-pit), the 2021 Updated Mineral Resource Estimate consists of: • 89.9 Mt grading 0.54 g/t Pd, 0.21 g/t Pt, 0.04 g/t Au and 0.06% Cu, or CDN$47.58/t NSR in the Measured and Indicated c
Slide 15: On-going Work
On-going Work Feb 2026: New Age Metals Inc. initiated its 2026 PGM exploration program at the 100%-owned River Valley Project, commencing a DasVision 3D Induced Polarization (IP) survey over the 4.5 km long Mustang Zone to delineate high-priority drill targets aimed at resource upgrading and expansi
Slide 16: River Valley 2023 Preliminary Economic Assessment
River Valley 2023 Preliminary Economic Assessment • Pre-Tax NPV(5%): $296M; After-Tax: $140M • Pre-Tax IRR: 16%; After-tax IRR: 11% • Annual Production: 2.5 Mt of potential process plant feed at an average grade of 1.19 g/t PdEq and process recovery of 71.5%, resulting in an average annual payable P
Slide 17: 2023 PEA Results
2023 PEA Results Financial Metrics • Pre-Tax NPV(5%): $296M; After-Tax: $140M • Pre-Tax IRR: 16%; After-Tax IRR: 11% • Pre-Production CAPEX: $269M • Average Unit OPEX: $31/t (value = $71.4/t NSR) • Metal Prices: $2,150/oz Pd, $1,050/oz Pt, $4/lb Cu Physical Metrics Operating Margin • Annual Producti
Slide 18: New PEA: Site Layout Plan
New PEA: Site Layout Plan Project Components • 5 OP Mines • 2 UG Mines • 3 Waste Rock Piles • 1 Overburden Pile • 1 Stockpile • 1 Tailings Facility • 1 Processing Plant Compared to 2019 PEA • Smaller operation • Lower CAPEX • Reduced environmental footprint H1 2026 NEWAGEMETALS.COM • TSX.V: NAM • OT
Slide 19: PLATSOL: What is it?
PLATSOL : What is it? • SGS is a global leader in independent testing, inspection, and certification, operating major labs and technical services across industries. • High-pressure high- temperature acid leach and solvent extraction technique • Optimized for PGM recovery from low-grade, polymetallic
Slide 20: Next Steps for PLATSOL (River Valley Project)
Next Steps for PLATSOL (River Valley Project) • Advance PLATSOL metallurgical de-risking at RVP Build on prior laboratory success to further validate a high-recovery, smelter-free processing route for low-grade, polymetallic PGM mineralization. • Proposed Minimum ~$500K to Maximum ~1M program to unl
Slide 21: Genesis PGM-Cu-Ni Property
100% OWNED 3 KM FROM HIGHWAY & ELECTRIC TRANSMISSION LINE KNOWN PGM-Cu-Ni MINERALIZATION COVERS 9 KM. FALL 2021 SURFACE SAMPLING AND MAPPING PROGRAM SEEKING EXPLORATION AND DEVELOPMENT OPTION/JV PARTNER DRILL-READY PGM-Cu-Ni REEF STYLE TARGET: 2.4 G/T PD, 2.4 G/T PT, 0.96% NI AND 0.58% CU IN SURFACE
Slide 22: Thunder Bay PGM–Ni–Cu Projects
Thunder Bay PGM–Ni–Cu Projects Platreef PGM Project and Escape East PGM Project Two PGM–Ni–Cu exploration projects acquired by staking in Northwestern Ontario • Projects provide further pipeline exposure to palladium, platinum, nickel, and copper within mafic–ultramafic intrusive geological settings
Slide 23: Why the Ring of Fire?
Why the Ring of Fire? Major cycle resets create mispriced assets: large projects can stall for years due to infrastructure + permitting complexity Cliffs example (reset moment): in 2015, Cliffs sold its Ring of Fire chromite assets to Noront for US$20M — a clear “distressed-value” entry point for th
Slide 24: Northern Shield PGM-Cu-Ni Project in Ring of Fire
NAM’s Northern Shield PGM-Cu-Ni Project in Ontario’s Ring of Fire Region - 100% owned (staked) — no option payments or earn-in obligations - Located in Ontario’s Ring of Fire, a highly prospective emerging critical minerals district~20,000 ha (939 claims) covering a large intrusive complex prospecti
Slide 25: Newfoundland Gold-Antimony Division
NEWFOUNDLAND GOLD-ANTIMONY DIVISION High-grade angular stibnite float sample Overview • NAM acquired 765 mineral claims totalling 20,950 hectares of 445127 from the crown land across 12 non-contiguous properties in Newfoundland Antimony Ridge property that graded and Labrador in Q1/Q2 of 2025. 51.9%
Slide 26: Why Antimony (Sb)?
NEWFOUNDLAND GOLD-ANTIMONY DIVISION Why Antimony (Sb)? High-value, supply-constrained metal Antimony prices remain elevated due to limited global production and long-term supply constraints. China-dominated supply chain China controls the majority of global antimony production and refining, creating
Slide 27: Bonanza Ridge Gold and Critical Metals Project
Bonanza Ridge Gold and Critical Metals Project: Kenora Mining District • Aggressively consolidating District Scale Concept • Multiple high-grade mineral occurrences of gold at surface including Select due diligence surface grab sample assays: 1.1 g/t Au, 3.7 g/t Au, 8.9 g/t Au, 13.2 g/t Au, 22.2 g/t
Slide 28: Golden Acquisitions: Kenora Mining District
Golden Acquisitions: Kenora Mining District Double RR Gold Project Acquisition • District-scale land position totaling 17,620 hectares in the Rainy River–Kenora gold district • Located approximately 35 km northwest of the Rainy River Gold Mine (~2.2M ounce Au in reserve 2024) and ~17 km south of the
Slide 29: Recent Deals in the Kenora Mining District
High-level summary of recent deals in the Kenora Mining District • Kenorland–Centerra (2025): Centerra can earn 70% of Flora/W. Wabigoon/Algoman by spending C$10M for 51% (incl. C$3.5M Y1 + 10 km drilling) and completing a 1 Moz AuEq PEA for the remaining 19%. • Coeur Mining (2026): Coeur Mining ann
Slide 30: NAM Lithium & Rare Earth Projects
NAM LITHIUM & RARE EARTH PROJECTS District-Scale Lithium & Rare Metals Project Large land position in the Winnipeg River Pegmatite Field, hosting LCT-fertile stratigraphy with lithium and associated rare metals including tantalum, cesium, rubidium, gallium, and beryllium, confirmed through surface a
Slide 31: Mineral Resources Limited Joint Venture Agreement
New Age Metals – Mineral Resources Limited Joint Venture Agreement • NAM has entered into a binding term sheet with Australian lithium and iron ore producer, Mineral Resources Limited (MRL) in 2021. • MRL has the right to acquire an initial 51% interest by completing C$4,000,000 of exploration activ
Slide 32: Why Canada? Why Now?
Why Canada? Why Now? Why Canada? • Top-tier mining jurisdiction with strong rule of law and ESG standards • Established Indigenous consultation and partnership frameworks • World-class geological endowment and skilled mining workforce • Existing infrastructure and mature mining supply chain Why Now?
Slide 33: New Age Metals Summary
New Age Metals Summary Strategic Shareholder • Eric Sprott one of the world’s best known mining • Gold–Antimony – Newfoundland (Q1-2025) • 11 projects in a top-tier mining jurisdiction financiers and owns ~36% High-grade gold and critical antimony focus • Aggressive acquisition strategy underway Cor
Slide 34: Thank You
THANK YOU FOR MORE INFORMATION CONTACT US AT : 1-613-659-2773 info@newagemetals.com SIGN UP TO RECEIVE COMPANY UPDATES : https://newagemetals.com /join Icon A cloud Icon Icon Icon in the Description sky Description Description Description H1 2026 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P
Slide 35: Appendix
APPENDIX 2026 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 35
Slide 36: Mineral Resource Estimates 2021
MINERAL RESOURCE ESTIMATES 2021 NOTES Pit Constrained Cut-off = CDN$15/t NSR and Out-Of-Pit = CDN$50/t NSR Cut-offs 1. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. 2. The estimate of Mineral Resources may be materially affected by environmental, permit
Slide 37: Mineral Resources Limited – Corporate Overview
Mineral Resources Limited – Corporate Overview • Mineral Resources was established in July 2006 when pipeline manufacturing and contracting business PIHA, Crushing Services International and Process Minerals International merged and was listed on the Australian Securities Exchange (ASX:MIN). • At pr
Slide 38: Mineral Resources Limited – Lithium Overview
Mineral Resources Limited – Lithium Overview Hard Rock Lithium Assets MRL has partnered with two of the largest downstream lithium companies on its hard rock lithium mines 1. Wodgina - MRL (40%) / Albemarle (60%) Wodgina was acquired in 2017 and quickly developed into one of the world’s largest spod
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