Vortex Energy Corp. · CSE:VRTX
Vortex Energy — Investor Presentation (June 2024)
31 slides from Vortex Energy's investor presentation, June 2024
Slide 1: Developing the Future of Salt Mining, Hydrogen/Energy Storage & CO2 Capture in Atlantic Canada
Developing the Future of Salt Mining, Hydrogen/Energy Storage & CO2 Capture in Atlantic Canada 2024 Corporate Presentation CSE: VRTX | OTC: VTECF | FRA: AA3 1
Slide 2: Legal Disclaimer
Legal Disclaimer This material includes “forward-looking” statements or information within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or the anticipated performance of Vorte
Slide 3: Climate change is the greatest threat facing humanity
Climate change is the "Climate change stands as humanity's ultimate reckoning, a convergence of science and conscience where our greatest threat facing collective actions determine our fate. It's not just about humanity weather patterns; it's about the survival of ecosystems, economies, and ultimate
Slide 4: Company Focus
Company Focus Vortex Energy is focused on leveraging its assets for salt mining, hydrogen/energy storage and CO2 capture. Salt Mining Hydrogen & CAES Cavern Storage Underground Carbon Capture • Vortex Energy's North American Salt • The East and West Salt Structures are • Newfoundland features geolog
Slide 5: Hydrogen Market Overview
Hydrogen Market Overview 1,000 MW International $11 Trillion 642 TWh The Advanced Clean Energy Canada and Germany agreed The Hydrogen industry will Global Hydrogen Storage Storage project in Utah is to build a new hydrogen generate $4 trillion if revenue portfolio to meet the global aiming to be the
Slide 6: Carbon Market Overview
Carbon Market Overview 12.3% The Carbon Capture and Storage market is CAGR projected to grow from USD 5.56 Billion in 2022 to USD $14.08 Billion by 2030 (2022-2030) 3-4x Future demand for Carbon Credits is projected 3 to 4-fold by 2030 Source: https://www.marketresearchfuture.com/reports/carbon-capt
Slide 7: Investment Highlights
Investment Highlights Salt Structures on the Property Green Energy Infrastructure Team & Partnerships • Two large scale salt structures identified • The East Coast of Canada has become • Comprised of experts in salt, cavern through geophysical and seismic an epicentre for green energy (i.e. wind) st
Slide 8: Why Salt?
Why Salt? Halite / Road Salt Market Value Applications • According to Allied Market, the global industrial salt market size was valued at $14.2 billion in 2020, Water treatment, with global industrial salt market forecast expected Commercial Salt $720 million drilling fluids, infusion, dialysis solu
Slide 9: Why Salt Cavern Storage?
Why Salt Cavern Storage? Hydrogen/Energy and CO2 storage in salt caverns has a number of advantages: • Indispensable chain link • Underground storage helps to ensure security of supply of renewable energy and grid stability • Flexibility Source: 2021 Infographic on the project Image: Mitsubishi Powe
Slide 10: Underground Carbon Capture
Underground Carbon Capture Reduces Carbon Leveraging Natural Small Footprint & Multi Industry Carbon Emissions Resources Large Storage Credit Potential Newfoundland is committed to Newfoundland has geologic Salt Caverns allow for minimal Salt cavern storage presents an reducing its carbon emissions
Slide 11: How It Works
Salt Cavern Hydrogen/Energy Storage & Carbon Capture How It Works 1) Salt Caverns are constructed in naturally occurring thick salt domes, deep undergound 2) Salt Caverns are a proven medium for energy and CO2 storage as salt acts as a natural sealant 3) Salt caverns for gas storage use are formed w
Slide 12: Hydrogen Industry News Highlights
Hydrogen Industry News Highlights Newfoundland Green Newfoundland launches green energy transition fund using money from energy companies. Green Transition Fund valued at ~$100 million. Source: Transition Fund $100M Globe and Mail SK Ecoplant Signed a Korean company invests $50M US in World Energy's
Slide 13: The Province of Newfoundland and Labrador Green Lights World Energy GH2's Project Nujio'qonik
The Province of Newfoundland April 9, 2024 - The province has released World Energy GH2's Project and Labrador Green Lights Nujio'qonik from further Environmental Assessment following an intensive World Energy GH2's Project evaluation of the world's first Environmental Impact Statement for a fully-
Slide 14: World Energy GH2 and Vortex Energy Partnership
World Energy GH2 and Vortex Energy Partnership X May 13, 2024 - Vortex and World Energy GH2 partner together to explore Hydrogen and Green Energy solutions in Newfoundland & Labrador. • Both parties have recognized the immense potential of Newfoundland & Labrador as a hub for renewable energy develo
Slide 15: The Robinsons River Salt Project
The Robinsons River Salt Project "One of the largest potential salt cavern projects in Eastern Canada" 15
Slide 16: Project Location
Project Location Robinson River Salt Project • 943 Claim Units - 235.75 Square KMs • The Property is located approximately 35 linear km south of the Figure 1: Location Map of the Robinsons River Salt Property, Newfoundland town of Stephenville in Newfoundland and Labrador on the west coast of the is
Slide 17: Adjacent Properties
Adjacent Properties Atlas Salt (TSXV: SALT) Great Atlantic Salt Deposit is located 15 km north of the Property. The salt deposit contains an Inferred resource of 908 million tonnes grading 96.9% NaCl using a nominal bulk density of 2.16 g/cm³ (nominal de-icing market standard).* Triple Point Resourc
Slide 18: Property Geology
Property Geology The Property is hosted within the Bay St. Georges Subbasin (BSGSB), the northeastern extension of the Maritime Basin. The geology of the BSGSB of Newfoundland is broadly analogous to the geology in New Brunswick. The Property warrants further exploration as a result of the following
Slide 19: Contractor Partner
Contractor Partner • Vortex Energy Corp is engaged with RESPEC, one of the only underground storage consultants that has direct experience with actual hydrogen salt storage caverns. • RESPEC can support nearly every aspect of underground storage with in-house expertise and facilities. • RESPEC has t
Slide 20: Robinsons River Salt Project - 3D Geological Model
Robinsons River Salt Project - 3D Geological Model Based on available geological information, the East and West Salt Structures have a conservatively- estimated potential combined hydrogen storage capacity of up to 800,000 tonnes within more than 60 caverns. • East Salt Structure: Can potentially ho
Slide 21: Phase I: 2023 Exploration Program
Phase I: 2023 Exploration Program Seismic and gravity surveys have located at least two major salt structures that are potentially suitable for road salt exploration and hydrogen cavern development at the Robinsons River Salt Project, Newfoundland. Each Salt Cavern if developed could exceed a stora
Slide 22: Pathway to Drilling
Step 1 Pathway to Drilling Gravity Survey & 2D Seismic • Step 1, Step 2 and Step 3 complete Complete • Drilling permit was submitted on August 24, 2023 Step 4 • Drilling began on November 20, 2023 Step 2 Drill Three Exploration 3D Modelling & Salt Wells & Drill Targeting Core Sampling Drilling Objec
Slide 23: Phase II: Drilling
Phase II: Drilling Scope of Work Developed & Managed by RESPEC Robinsons River South Property Pre-Drilling & Well Design Permitting & Procurement of Active Drilling Contractor Geological Reporting Services Management ☑ Well Permitting & ☑ Planning Logistics ☐ Postfield Program ☑ Well Location and Ge
Slide 24: Vortex Intersects Salt During Phase I Drill Program
Vortex Intersects Salt During Phase I Drill Program The first occurrence of salt rock occurred at a depth of 581.5 meters at the Western Salt Structure which can potentially hold an estimated amount of 250,000 tonnes of hydrogen in more than 25 caverns. Latitude Longitude Final Well Diameter Azimut
Slide 25: University of Alberta Partnership
University of Alberta Partnership The research team will conduct proof of concept experiments on core samples with the intent to design and implement the first field trial of hydrogen storage in domal salt in Canada • Two-year project with four research phases • Project tasks will be conducted by at
Slide 26: Vortex's Collaboration With the U of A Receives Alberta Innovates & NRCAN Funding
Vortex's Collaboration With the U of A Receives Alberta Innovates & NRCAN Funding The University of Alberta will receive a total of $1.2 million from the Government of Alberta, through Alberta Innovates, for the project titled "Field Trial of Hydrogen Storage in Canadian Domal and Bedded Salts" • Th
Slide 27: Vortex Energy Team
Vortex Energy Team Paul Sparkes Jason Latkowcer Piotr Kukialka Shawn Ryan Chief Executive Officer Corporate Development P.Geo - Technical Advisor Technical Advisor Paul Sparkes is an accomplished business Jason Latkowcer is a resource based Piotr Kukialka, M.Sc, P.Geo, is a Shawn grew up in Timmins
Slide 28: Vortex Energy Team
Vortex Energy Team Rob Crosbie Stephen McNeil Steve Kukucha George J. Furey Advisor Advisor Advisor Advisor An experienced and well- After retiring from his position as Premier With over 20 years of experience in climate and George J. Furey is a former Senator respected Newfoundland and Labrador- of
Slide 29: Capitalization Table
Capitalization Table Total Issued & Outstanding 81,470,561 Options & RSRs 5,206,250 Warrants 19,694,469 Fully Diluted Issued & Outstanding 106,371,280 *Cap Table as of May 2024 29
Slide 30: Developing the Future of Salt Mining and Hydrogen Storage in Atlantic Canada
Developing the Future of Salt Mining and Hydrogen Storage in Atlantic Canada CSE: VRTX OTC: VTECF FRA: AA3 Phone (778) 819-0164 Email info@vortexenergycorp.com 30
Slide 31: Legal Disclaimer
Legal Disclaimer Rights of Purchasers Securities legislation in certain of the Canadian provinces provide purchasers of securities pursuant to an offering memorandum (such as this term sheet) with a remedy for damages or rescission, or both, in addition to any other rights they may have at law, wher