Northern Graphite Corporation · TSXV:NGC
Northern Graphite — Investor Presentation (November 2022)
25 slides from Northern Graphite's investor presentation, November 2022
Slide 1: Building a Leading Graphite Producing & Processing Company
NGC TSXV NGPHF OTCQB 0NG FRA 0NG XSTU BUILDING A LEADING GRAPHITE PRODUCING & PROCESSING COMPANY NOVEMBER 2022 NORTHERNGRAPHITE.COM
Slide 2: Cautionary Statement Regarding Mineral Resources
CAUTIONARY STATEMENT REGARDING MINERAL RESOURCES This presentation and other information released by the Company uses the terms “resources”, “measured resources”, “indicated resources” and “inferred resources”. United States investors are advised that, while such terms are recognized and required by
Slide 3: Forward Looking Statements
FORWARD LOOKING STATEMENTS This Presentation may contain “forward-looking information” which may include, but is not limited to, statements with respect to: timing of the receipt of governmental approvals and/or acceptances; targets, estimates and assumptions in respect of production and prices; amo
Slide 4: Who Is Northern Graphite?
WHO IS NORTHERN GRAPHITE ? North America’s only graphite producer and soon to be the 3rd largest outside China 2 large development Focused on becoming a world leading natural graphite projects provide for continued production growth mining & processing Mining Shaping Purification Coating Company Hug
Slide 5: Rising Demand for Graphite
RISING DEMAND FOR GRAPHITE REASONS TO BUY ü Exponential graphite demand growth due to surging EV sales but prices/valuations still low ü Recent acquisitions have NORTHERN GRAPHITE PRODUCTION PLANS positioned Northern as a leading 350,000 300,000 400 350 production, development and Production (tons)
Slide 6: A Graphite Mining & Processing Company
A GRAPHITE MINING & PROCESSING COMPANY Lac des Iles (LDI) – Québec, Canada Producing 15,000tpy based on existing reserves. Plan to increase production to 25,000tpy by processing ore from recently acquired Mousseau West deposit. Opportunity to double production by building another plant and using exi
Slide 7: Graphite: The New Critical Mineral
GRAPHITE: THE NEW CRITICAL MINERAL Graphite is the anode material and the single largest component of Lithium-Ion batteries used in electric vehicles (EV) and energy storage technologies As EV adoption grows, so will the demand for graphite NG C TS X V NG P HF O TCQ B NO RTHE RNG RAP HI TE . CO M 7
Slide 8: What Is Graphite?
WHAT IS GRAPHITE? • Graphite & diamonds, the only natural, pure forms of carbon • “Two-dimensional” flake material • Non-toxic, not a carcinogen, not a source of CO2 • Light weight reinforcement, corrosion and heat resistant, excellent conductor of heat and electricity • Main use is in batteries, st
Slide 9: Why Graphite?
WHY GRAPHITE? • Graphite is the anode in a Li-ion battery and its single largest component • Critical role in electric vehicles and energy storage • Multiples of current production needed for EV revolution • Also a major component of fuel cells • Almost all graphite comes from China • Because of thi
Slide 10: Secure, Local, Sustainable Supply Chains
SECURE, LOCAL, SUSTAINABLE SUPPLY CHAINS NG C TS X V NG P HF O TCQ B NO RTHE RNG RAP HI TE . CO M 10
Slide 11: Graphite Requires the Largest Production Increase of Any Battery Mineral
GRAPHITE REQUIRES THE LARGEST PRODUCTION INCREASE OF ANY BATTERY MINERAL There are over 300+ battery plants in the Battery raw material demand will grow between 5x and pipeline 13x to feed the megafactories June 2022 6.6 TWh >300 plants SOURCE: BENCHMARK MINERAL INTELLIGENCE SOURCE: BENCHMARK MINERA
Slide 12: Creating the 3rd Largest Graphite Producer Outside of China
CREATING THE 3RD LARGEST GRAPHITE PRODUCER OUTSIDE OF CHINA With substantial current production and resources to expand significantly as EV market grows Northern Graphite is the only graphite producer in North America
Slide 13: Northern Acquires the Graphite Mines of Imerys
NORTHERN ACQUIRES THE GRAPHITE MINES OF IMERYS US$58M raised through Sprott 01 A single asset to complete transaction, ü Substantial current production company with an consisting of equity/debt advanced, FS level ü Resources to expand project in Ontario financings and the sale of a royalty and strea
Slide 14: Okanjande, Lac des Iles, Bissett Creek
OKANJANDE • Okanjande/Okorusu plant being upgraded • Scheduled to start operations mid 2023 at 30,000tpy to be expanded to 170,000tpy over 5 years • Stable country, grid power, close to port, high quality graphite LAC DES ILES • 1.6Mt graphite in M&I resources • Plan to build new 100-150,000tpy BISS
Slide 15: Expanding into Value Added Processing
EXPANDING INTO VALUE ADDED PROCESSING • Graphite mine concentrate sells for $500-$2,500/tonne • Anode material for lithium-ion batteries sells for $6,000-15,000/t • Graphite for bi-polar plates in fuel cells, $5,000/tonne • Graphite for bi-polar plates for VRFB, $5,000/tonne • Graphene $10,000+++/to
Slide 16: Milestones & Catalysts
MILESTONES & CATALYSTS ü Expand corporate leadership to manage strong growth (CEO, COO, CFO) ü Start LDI property review to extend mine life Q2 2022 ü Complete PEA on restart of Namibian operation ü Order long lead time items for Namibia restart ü Initiate hiring process in Namibia Q3 2022 ü Exercis
Slide 17: The Best Graphite Investment Opportunity
THE BEST GRAPHITE INVESTMENT OPPORTUNITY Lower market capitalization than its peers despite benefiting from much higher current and planned production Attractive valuation compared to peers
Slide 18: Market Capitalization Versus Peers
In comparison, Northern Graphite has a lower market capitalization than its peers despite having much higher: • “Near Term Production” (50,000tpy) and • “Planned Production” (300,000tpy). NG C TS X V NG P HF O TCQ B NO RTHE RNG RAP HI TE . CO M 18
Slide 19: Capital Structure
CAPITAL STRUCTURE Major Shareholders % Shares Outstanding 121,260,522 Imerys SA 6,841,600 5.4 Options 9,956,000 Sprott 5,000,000 3.9 *Warrants 35,855,300 Thematica Future Mobility Fund 4,000,000 3.1 Fully-Diluted 167,071,822 Asia Pacific Resources Fund 3,800,000 3.0 Share Price (November, 2022) C$0.
Slide 20: An Experienced Team
AN EXPERIENCED TEAM Combining global experience with deep knowledge of the mining and exploration sectors
Slide 21: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM HUGUES JACQUEMIN, B.SC. DAVID MARSH, B. SC. CHIEF EXECUTIVE OFFICER CHIEF OPERATING OFFICER § 30+ years senior management experience growing • 40+ years of experience in process engineering and operations Fortune 500 Specialty Materials businesses and Private • Previously
Slide 22: Strong Board of Directors
STRONG BOARD OF DIRECTORS GREGORY B. BOWES, B.SC., MBA, P.GEO HUGUES JACQUEMIN, B.SC EXECUTIVE CHAIRMAN, DIRECTOR FOUNDER OF NORTHERN GRAPHITE § 30+ years senior management experience growing Fortune 500 Specialty § 40 years of experience in the mining and engineering industries as well as Materials
Slide 23: The Right Project, The Right Team, The Right Locations
THE RIGHT PROJECT, THE RIGHT TEAM, THE RIGHT LOCATIONS To deliver battery-grade natural flake graphite and seize the EV growth opportunity
Slide 24: Why Buy Northern?
WHY BUY NORTHERN? ü Substantial current production ü Resources to expand significantly as EV market grows ü All deposits: ü Have high quality flake graphite ü Are close to infrastructure ü In politically stable jurisdictions ü Value added processing opportunities ü Battery/EV market is growing expon
Slide 25: NGC TSXV 0NG FRA NGPHF OTCQB
NGC TSXV NGPHF OTCQB 0NG FRA 0NG XSTU +1 613 271 2124 info@northerngraphite.com N O RT H E R N G R A P H I T E . C O M
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