American Lithium Corp. · TSXV:LI
American Lithium — Investor Presentation (May 2021)
26 slides from American Lithium's investor presentation, May 2021
Slide 1: A Leading, Diversified Lithium Development Company
A Leading, Diversified Lithium Development Company May 2021 Corporate Presentation June 2021 TSXV TOP 50 COMPANY
Slide 2: Disclaimer
Disclaimer THIS MANAGEMENT PRESENTATION (THE "PRESENTATION") WAS PREPARED AS A SUMMARY OVERVIEW ONLY OF THE CURRENT AFFAIRS OF AMERICAN LITHIUM CORP. (“AL” OR “AMERICAN LITHIUM”) AND ITS SUBSIDIARIES, INCLUDING WITHOUT LIMITATION, PLATEAU ENERGY METALS INC. (“PLU”, WITH AL, PLU AND THE OTHER SUBSIDI
Slide 3: Disclaimer
Disclaimer All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: the Companies’ ability to achieve their stated goals, including the anticipated benefits of the acquisition
Slide 4: American Lithium
American Lithium A LEADING LITHIUM DEVELOPER FOCUSED ON THE AMERICAS Company Highlights 2 Quality Lithium Projects: TLC & Falchani UNITED STATES Tier 1 Jurisdictions: Nevada & Peru Well Funded: ~ C$19.0 M Cash with strong support from major shareholders TLC Excellent Infrastructure and Access to Ski
Slide 5: A Transformational Year
A Transformational Year Strong Progress on the Ground and at the Corporate Level Strong Share Performance & Liquidity ✓ Large NI 43-101 Mineral Resource Estimate at TLC in Nevada Volume VWAP ✓ Met Studies Highlight Rapid Leaching, Ability to Upgrade, and Precipitation $5.00 10.0 of Lithium Carbonate
Slide 6: Capitalization
Capitalization Share Structure Major Shareholders Analyst Coverage TSXV: LI Institutional / HNW VSA Capital Oliver O’Donnoll Stock Exchange / Symbol OTCQB: LIACF - Commodity Capital Echelon Partners Gabriel Gonzalez Share Price C$2.00 - Terra Capital Basic Shares Outstanding 176.5 M - AusBil Warrant
Slide 7: Proven Leadership Team, Known Company Builders
Proven Leadership Team, Known Company Builders Andrew Bowering Simon Clarke, LLB Dr. Laurence Stefan, PhD Chairman & Director CEO & Director COO & Director 30+ years in mining. Founded, funded, and built teams that 25+ years experience in the mining and energy sector with Founder and Managing Direct
Slide 8: Environmental, Social, Governance (ESG)
Environmental, Social, Governance (ESG) Environment • As a conscientious, progressive mining company, the responsible stewardship of the local environment where we operate is at the heart of our corporate values. • We work to always minimize the environmental impact of our activities. • Early biolog
Slide 9: Tonopah Lithium Claims (TLC)
Tonopah Lithium Claims (TLC) • 7,500-acre property, located in the historic mining district of Tonopah, Nevada halfway between Las Vegas and Reno • Large-scale deposit situated near surface with minimal overburden • Unique mineralogy low in deleterious elements (arsenic, mercury) SECTION A-A’ and al
Slide 10: Cross Sections
Cross Sections SECTION A-A’ SECTION B-B’ • Near surface deposit open along strike • Concentrated lithium mineralization zone is up to 80 m thick © 2021 American Lithium. All Rights Reserved 10
Slide 11: TLC's Advantages
TLC’s Advantages Competitive Market Advantage Fastest Processing Time Simple Lithium Upgrading Low Deleterious Elements Leach time to >=90% recovery [mins] • Cyclones upgrade lithium • Low mercury, low arsenic, low • Achieved results up to radioactivity (uranium) 600 1300 → 2200 ppm • No contaminant
Slide 12: Flowsheet Overview
Flowsheet Overview TLC IN THE BATTERY SUPPLY CHAIN Lithium Raw Materials TLC’s Claystone Sulfuric NaOH or Heat Soda Ash NaOH Heat Material Acid Ca(OH)2 Leaching & Magnesium Lithium Other Calcium Beneficiation Neutralization Evaporation Precipitation Causticization Evaporation Hydroxide Battery Raw P
Slide 13: Falchani Lithium Project Overview
Falchani Lithium Project Overview SCALABLE, LONG LIFE BATTERY QUALITY LITHIUM CHEMICAL PROJECT IN PERU Asset Location and Concession Stage 1 Project: PEA Highlights* US$844M 18.8% 4.6 Years US$3,418M LOM Total US$198M LOM Avg. Annual PERU Payback1 Cash Flow1 NPV(8%)1 Post-Tax IRR1 undiscounted Post-
Slide 14: Asset Benchmarking – 2025E
Asset Benchmarking – 2025E LOW SECOND QUARTILE COSTS (TOTAL COST BASIS) Low Operating Costs ▪ Upfront leaching supports project flexibility for the industry’s future preferred lithium chemical needs ▪ Onsite acid plant enables low cost reagent source and green self-sustainable power generation ▪ In-
Slide 15: Flowsheet Overview
Flowsheet Overview CONVENTIONAL PROCESSING & PRECIPITATION Tank Leach Process Flowsheet Highlights ▪ Extensive metallurgy and process engineering work supports conventional sulfuric acid tank leaching ▪ Crystallization demonstrated low impurity, battery quality Li2Co3 (99.74%+) ▪ Lithium-rich sulfat
Slide 16: Macusani Uranium Project Overview
Macusani Uranium Project Overview LOW COST, LOW CAPITAL INTENSITY, FLEXIBLE URANIUM DEVELOPMENT PROJECT Location and Mineral Resource PEA Highlights Strong Project Economics1, 2 ▪ NPV8: US$603M, IRR 40.6%, and 1.8 years payback at US$50/lb U₃O₈ ▪ Large Scale. Avg. production ~6Mlbs U₃O₈ / yr over a
Slide 17: Aggressive Exploration & Development
Aggressive Exploration & Development BUILDING ADDITIONAL VALUE THROUGH THE DRILL-BIT PERU • Exploration drilling on 2 new “drill-ready” Target Areas near Falchani • Infill & expansion drilling at Falchani to expand existing resource and upgrade existing resource categories • Updating Falchani PEA fo
Slide 18: Pro-Forma Positioning
Pro-Forma Positioning BEST IN CLASS PORTFOLIO M&I Resource (KT LCE) vs. Global Hard Rock & Sedimentary Lithium Deposits 12,000 American Lithium portfolio is positioned well in 11,000 10,000 terms of scale vs. global projects 8,837 8,000 5,982 6,330 5,370 6,000 4,259 4,350 4,000 2,389 960 1,381 1,612
Slide 19: Pro-Forma Positioning
Pro-Forma Positioning STRONG VALUE PROPOSITION Market Capitalization (US$M) vs. Global Lithium Developers $1,800 $1,612 $1,600 $1,400 $1,200 $1,000 $967 $800 Significant player in the lithium developer universe $615 $600 $400 Peer Average: US$335M $336 $339 $342 $292 $223 $176 $183 $183 $200 $108 $1
Slide 20: Strong Fundamentals Going Forward
Strong Fundamentals Going Forward World-Class, Scalable Assets Dedicated Management Team • Two of the largest global lithium development projects • Depth of management, each with 30+ years experience in extractive industries • Combined resources of 6.3MT LCE Measured & Indicated and 5.5MT LCE Inferr
Slide 21: APPENDIX
APPENDIX
Slide 22: Why Lithium?
Lithium is critical to these key booming markets, amongst others… Why Lithium? WE ARE IN A TECHNOLOGY “SUPER CYCLE;” LITHIUM IS ONE OF THE METALS MOST Electric Vehicles IMPACTED BY EMERGING TECHNOLOGIES • LCE per vehicle battery: 10-63kg. • The global EV market is expected to grow at 22.5% from 2021
Slide 23: Lithium Supply Chain is Dominated by China
Lithium Supply Chain is Dominated by China Stage One: Mining Global share of production (%) in 2019 Stage Two: Chemical Processing/Refining Mining Chemical Processing Nickel 8% 0% 31% Cobalt 0% 0% 1% 1 Nickel 13% 1% 65% Graphite 1% 0% 65% Cobalt 17% 0% 82% Lithium 0% 1% 9% Graphite1 0% 0% 100% Manga
Slide 24: Attractive Industry Outlook
Attractive Industry Outlook Recovering Global Lithium Carbonate Prices Growing Global Demand for Lithium Lithium Carbonate, Battery Grade, Global Prevailing Price Operational supply Secondary Lithium Hydroxide, Battery Grade, Global Prevailing Price Highly Probable & Idled Capacity Possible & Unclea
Slide 25: Government Has Declared US Battery Independence
Government Has Declared US Battery Independence THE SUPPLY CHAIN STARTS WITH OWNING AND DEVELOPING LITHIUM-ION BATTERY RAW MATERIALS IN AMERICA American Lithium’s TLC project can supply the critically required domestic lithium in an environmentally and economically sustainable way. 25
Slide 26: TSX.V:LI | OTCQB:LIACF | Frankfurt:5la1
…Ensuring a sustainable America TSX.V:LI | OTCQB:LIACF | Frankfurt:5la1 www.americanlithiumcorp.com Follow Us On