American Battery Materials Inc. · OTC:BLTH

American Battery Materials — SPAC Merger (June 2023)

26 slides from American Battery Materials's SPAC merger presentation, Jun 16, 2023

  1. Slide 1: Extracting American Lithium

    INVESTOR PRESENTATION | J un e 202 3 | v 5 . 0 . 4 Extracting American Lithium OTC: BLTH

  2. Slide 2: Safe Harbor

    Safe Harbor The statements contained in this presentation that are not historical facts are forward - looking statements as defined in the Private Securities Litigation Reform Act of 1995 . Words such as “may”, “will”, “could”, “should”, “expect”, “plan”, “project”, “intend”, “anticipate”, “believe”

  3. Slide 3: Investment Highlights

    Investment Highlights Market opportunity Comparable Differentiation Financial Highlights Management Team Global Opportunity A U.S.A. asset on 2040 acres of super - saturated 340+ ppm Lithium brine in Utah’s mineral rich Paradox Basin using an environmentally friendly direct lithium extraction proces

  4. Slide 4: Corporate Overview

    An environmentally responsible minerals exploration and development company • Focused on direct lithium extraction (DLE ) and other minerals critical to the global energy transition • Spearheading the effort to domestically support the U.S.’s urgent need for critical minerals Corporate Overview 120

  5. Slide 5: Lithium Demand is Far Outpacing Supply

    Lithium Demand is Far Outpacing Supply Global Lithium Supply & Demand 1 Kilotons lithium carbonate equivalent Despite an abundance of rich domestic sources, the US is almost entirely dependent on foreign sources of lithium. O T C: BL T H | 5 0 2015 2020 2025 2030 1 Mined production volume. Forecaste

  6. Slide 6: Lithium Prices Continue To Rise

    $0 $20,000 $40,000 $60,000 $80,000 Global Lithium Market Pricing 1 Prices for 2010 - 2021 are annual averages from the U.S. Geological Survey. Prices for 2022 is from S&P Global Commodity Insights on May 4,2022. Chart: Canary Media | Source: U.S. Geological Survey Lithium Carbonate DDP China Yuan/mt

  7. Slide 7: The U.S. Domestic Lithium Supply Crisis

    3. U.S . 4. Finland 5. Norway 6. Germany 7. South Korea 8. Sweden 9. Japan 10. Australia 11. France 12. U.K. 13. Czechia 14. Poland 15. Hungary 1. China 2. Canada The U.S. Domestic Lithium Supply Crisis Chart: BloombergNEF. The U.S. is 2 nd in global battery demand, but only 6 th in raw materials ne

  8. Slide 8: Recent Industry Transactions

    Recent Industry Transactions Mergers & Acquisitions • Lithium Americas (LAC) acquires 100% of Millennial Lithium for $482MM • SZZL SPAC merges with European Lithium. $750MM to the equity to the asset. D a te • January 2022 • October 2022 Off - Take transactions • European Lithium / Critical Minerals

  9. Slide 9: Growth & Development Strategy

    Growth & Development Strategy Acquisition Geo/Entry study Permitting Site Drill 43 - 101 report. Extraction Pilot Production PHASE 1 PHASE 2 PHASE 3 PHASE 4 PHASE 5 202 3 Launching project in the early stages of a global lithium super cycle forecasted to expand significantly for 20+ years Partner wi

  10. Slide 10: Lisbon Valley, Utah DLE Project

    Lisbon Valley, Utah DLE Project Mining process currently accounts for roughly half the carbon footprint of a battery cell and the best way to reduce the carbon footprint of minerals is to stop shipping them across 9,000 kilometers of ocean before refining them.” - Tesla Chairwoman Robyn Denholm OTC:

  11. Slide 11: Flagship Lithium DLE Project

    Flagship Lithium DLE Project DLE mitigates environmental concerns relating to lithium extraction Technical reports show supersaturated brines of 1,700 ppm LCE (340 ppm Li) Li Developed infrastructure, including high voltage electrical, roads and access to rail lines Located in Eastern Utah consistin

  12. Slide 12: The Uniquely-Positioned Paradox Basin

    Project l o c a t i o n The Uniquely - Positioned Paradox Basin With over 300+ climate friendly days and a fully developed infrastructure, the Paradox Basin is one of the most attractive places in the U.S. for a successful and efficient extraction process. 25 miles southwest of Moab Not adjacent to

  13. Slide 13: Lisbon Assets Technical Report

    Lisbon Assets Technical Report The brines were not thought to be important until 1962, when Southern Natural Gas intersected the brine zone with a very substantial flow of brines under tremendous pressure . There is abundant evidence from oil and gas and potash wells drilled in the Paradox Basin tha

  14. Slide 14: Geotech Engineering & The Lisbon Valley

    Geotech Engineering & The Lisbon Valley ABM has retained RESPEC Company LLC as its geotech, engineering and resource management partner to assist in the exploration and development of its Lisbon Valley properties . RESPEC provides services to the energy industries from grassroots exploration to oper

  15. Slide 15: Positioned as a Lower Risk Industry Profile

    Positioned as a Lower Risk Industry Profile Infrastructure Geology Permitting Time to Market Market Demand • Utah based project meets both U.S. critical mineral and Global requirements • Fully developed infrastructure for logistical and energy needs • USGS registered data from 7 existing wells confi

  16. Slide 16: Direct Li Extraction & the American Environment

    Direct Li Extraction & the American Environment DLE offers significant promise of increasing supply, reducing the industry’s environmental, social, and governance (ESG) footprint, and lowering costs, with already announced capacity contributing to around 10 percent of the 2030 lithium supply, as wel

  17. Slide 17: DLE vs. Traditional Lithium Mining

    DLE vs. Traditional Lithium Mining ABM will deploy DLE in selective brine extraction to provide a cost - effective, efficient, faster - to - production, and significantly more environmentally friendly method versus traditional mining practices. American dependency on foreign lithium has reached cris

  18. Slide 18: The Engineering Behind DLE

    The Engineering Behind DLE Targeting Highly Efficient Direct Lithium Extraction (DLE) Technology ABM is evaluating leading DLE technology companies • The most technologically advanced approach for DLE from brines is adsorption of lithium using inorganic sorbents • Extraction of lithium with inorgani

  19. Slide 19: Environmental & Economic Advantages of DLE

    DLE lowers greenhouse gas emissions, leaving a substantially lower carbon footprint than traditional extraction methods DLE reduces the land requirements by over 97% when compared to evaporation and hard - rock projects DLE reduces waste production with no tailings, ponds or open pits, and returns 1

  20. Slide 20: Accelerated Time to Market with DLE

    Accelerated Time to Market with DLE Potential aggregate delay Extraction process Infrastructure buildout Permit acquisition process Land Acquisition 7 - 12 6 - 9 3 - 4 Cr u s tal P r o j e c t Spod - u m ene P r o j e c t Brine P r o j e c t This significant advantage in positioning will allow ABM t

  21. Slide 21: Management & Advisory Team

    M anage m ent & Advisory Team Sebastian Lux Co - CEO | MBA, MSAS 25 years in business dev. with multinational companies; Co - founded Genuine Origin, a division of Volcafe & ED&F Man; Created multiple disruptive international logistic commodity supply chains. Selma Sierra Liaison, State & Fed Reg. A

  22. Slide 22: Board of Directors

    Board of Directors Adam Lipson MD Neuroscience Managing partner as a neurosurgeon at IGEA Brain, Spine & Orthopedics in New York City and New Jersey. He has over a decade of experience as a private investor in over 20 biotechnology and biomedical device companies Justin Vorwerk MBA, AB Economics Has

  23. Slide 23: Upcoming Milestones for Corporate Actions

    Upcoming Milestones for Corporate Actions Recent Key A cc omp l is h m e n ts Acquired the rights to 120 federal mining claims in the Lisbon Valley of Utah . Completed SK1300 compliant technical report. Signed agreement to merge with Seaport Global Acquisition II Corp. (NASDAQ: SGII). Eliminated ove

  24. Slide 24: Financial & Share Structure

    OTC: BLTH (June 13, 2023) Share Price $0.019 Market Cap $62.736M Avg. Volume (3 month avg.) 1 . 5 M Cash Balance $650,000 D eb t $500,000 Shares: Issued & Outstanding 3,301,910,170 Unexercised Warrants (85%* owned by insiders) 159,000,000 Options Granted 0 Fully Diluted 3,687,483,646 Insider & Key S

  25. Slide 25: Investment Highlights

    Investment Highlights Market opportunity Comparable Differentiation Financial Highlights Management Team Global Opportunity A U.S.A. asset on 2040 acres of super - saturated 340+ ppm Lithium brine in Utah’s mineral rich Paradox Basin using an environmentally friendly direct lithium extraction proces

  26. Slide 26: O T C: BL T H | Co m pany +1 - - -

    O T C: BL T H | 26 Co m pany +1 - 800 - 998 - 7962 IR@AmericanBatteryMaterials.com Investor Relations Brooks Hamilton MZ North America +1 - 949 - 546 - 6326 ABM@mzgroup.us americanbatterymaterials.com 500 West Putnam Avenue | Suite 400 Greenwich, CT 06831| USA

American Battery Materials — SPAC Merger (June 2023) on 6ix