Manganese X Energy Corp. · TSXV:MN
Manganese X Energy — Investor Presentation (September 2020)
23 slides from Manganese X Energy's investor presentation, September 2020
Slide 1: Manganese X Energy Corp.
TXSV:MN FSE: 9SC2 OTC:MNXXF MANGANESE X ENERGY CORP. 1
Slide 2: Disclaimer
Disclaimer Certain statements in this presentation are forward- looking statements which may include, but are not limited to, statements with respect to the future financial or operating performance of Manganese X Energy Corp. and its projects, the market conditions, business strategy, corporate pla
Slide 3: Historic estimate cautionary note
• • • • • (*) Please note that the above information has been taken from historic sources that were not prepared or reviewed by a Qualified Person for Manganese X Energy under NI 43-101 and are considered historic and should not be relied upon. They were obtained from Sidwell, 1957, who used a spars
Slide 4: North America is Dependent on Manganese Imports
mangas ~©North America is Dependent on Manganese Imports Manganese Production South Africa _ 30% Oy Australia NS 18% \.Ghana 8% \ Gabon 13% Source: USGS SEPTEMBER 2020 ¢ There is no manganese mine production in the United States or Canada ¢ Manganese X Energy has the potential to become North Americ
Slide 5: Manganese Uses
4s. manganese Manganese Uses ¢ Most manganese, like nickel, is used for steel production ¢ Other uses include: Batteries EV and stationary energy storage batteries Chemicals Agriculture (fertilizer, animal feed, fungicide) Water purification Pigments Manganese ferrite (used in ceramics, cement, coat
Slide 6: Manganese Is an Essential Material for Batteries
mangaZte Manganese Is an Essential Material for Batteries X Energy Corp * Electric vehicles (EV) NMC (Li-Ni-Mn-Co), LMEFP (Li-Mn-Fe-P) and LMO (Li-Mn oxide) type batteries * Household disposable batteries Alkaline Zn- Mn dioxide * Gridenergystorage //P/ iis NMC (Li-Ni-Mn-Co) and#/ 3m LMFP (Li-Mn-Fe-
Slide 7: Lithium-Manganese Batteries in High Demand
mangane; Lithium-Manganese Batteries in High Demand “ * NMC (rigkel-man anese- | SP cobalt) lithium battery is the ne a most widely used chemistry ¢ Lithium-Manganese-lron- Phosphate (LMFP) provides a 10 to 15% increase in energy density compared to conventional LFP, that is widely adopted in China
Slide 8: EV Market Trends
Electric vehicle sales be. manganese EV Market Trends Electric Vehicles Sales 2,500,000 . 2.5% HM Sales == Share (right axis) Less than 25% of the 2,000,000 2.0% _ total 91.6 million von ona rs 35 passenger vehicles sold 22 in 2019 were electric. 1,000,000 1.0% 2 3 500,000 0.5% es Share of Electric
Slide 9: Expected increase in EV sales to drive battery materials demand
mangaees. EXpected increase in EV sales to drive battery materials demand X Energy Corp Manganese for Batteries Demand Forecast 120000 100000 80000 ny 60000 40000 20000 ootl | 0 2017 2018 2019 2020F 2021F 2022F 2023F 2024F 2025F 2026F 2027F Tonnes Manganese demand, just from lithium-ion batteries, e
Slide 10: Battery Minerals and Technology Assets
mangehett Battery Minerals and Technology Assets ¢ Manganese Flagship Asset — Battery Hill Manganese Deposit Other Assets ¢ LAB Graphite Deposit ¢ Peter Lake Nickel-Cobalt Project ¢ Disruptive Battery Corp. SEPTEMBER 2020 MANGANESE X ENERGY CORP. 10
Slide 11: Battery Hill property map
N Wakefield • Maple Hill 7 Kilometers • Iron Ore Hill • Sharpe Farm Moody West Moody East • Moody Central Plymouth
Slide 12: Battery Hill Drill Plan
SC16-5 SC16-02 16.40m of 8.55% Mn SC16-2 IronofOre 26.00m Hill 11.03% Mn SC16-3 SC16-1 • Iron Ore Hill SC16-4 SF16-05 • 10.75% Mn / 52.60m SF16-5 Sharpe Farm SF16-11 SF16-4 SF17-20 • 8.42% Mn / 32.5m SF17-16 SF16-1 Sharpe Farm SF17-20 SF17-19 10.21% Mn / 44.6m SF16-10 SF16-3 7.42% Mn / 63.0m With 13
Slide 13: Simple Processing Steps
Ms. . . manganese Simple Processing Steps Mining >| Crushing Leaching Solid-Liquid Separation Multi-stage Purification v Crystallization High Purity MnSO4 SEPTEMBER 2020 MANGANESE X ENERGY CORP. 13
Slide 14: LAB Graphite Property
vA e i eens, SE penx | |) / LAB Graphite de Property a “\_ et 4 ve * Past exploration tests intersected ee 20 | } fs en borane | wYe significant graphite mineralization in drill i BA SG Trenching || holes and trenches hes | 2az0586) a” 2506001 { ¢ Preliminary metallurgical results TI i returned very
Slide 15: Peter Lake Property
Property * Two Copper-Nickel-Cobalt occurrences known as Peter Lake North and Peter Lake South are included within the property. Previous grab sampling returned values ranging from 0.4% to 22.8% copper, 0.14% to 0.73% nickel, 500 ppm to 0.266% cobalt, as well as elevated gold and silver. _'* The min
Slide 16: Disruptive Battery Corp.
4. manganese X Energy Corp Disruptive Battery Corp. The Disruptive Battery Corp. (DBC), is a 100% owned subsidiary of Manganese X Energy. It was created for the purpose of accelerating a manganese thesis as it relates to stored energy technologies. The intent is to advance the employment of manganes
Slide 17: Peer comparison of manganese projects
Main Main Acid Working Company Market Cap Flowsheet Capex Ore Type Product Solubility Stage Manganese X Energy C$ 21.7 Carbonate HP MnSO4 Easier Simple Lower PEA Battery Hill, Canada Giyani Metals Corp., EMM, C$ 14.3 Oxide Poor complex Higher PFS Kgwakgwe, Namibia HP MnSO4 Euro Manganese Corp., EMM,
Slide 18: Key Milestones
manganese Key Milestones Manganese LAB/PL HVAC 2020 < Spin-out of LAB fag UPON successful test of VF at laboratory level: ¢ Pursue regulatory approvals ¢ Adapt and re-engineer Resource Estimate 2021 < Pilot Plant PEA Drilling program Metallurgical tests patented HVAC apparatus to new VF Reserve Esti
Slide 19: Corporate Strategy
Ms. manganese Corporate Strategy ¢ Focus on metallurgy from the start to de-risk project * Target a key strategic product — high grade manganese sulphate for electric vehicles and stationary battery systems ¢ Invest in research and development of downstream products ¢ Partnership with downstream pla
Slide 20: Management Team
Me. manganese Management Team Martin Kepman, Chief Executive Officer & Director — Martin Kepman and Associates Inc, founded in 1982, is a business development and management consulting firm owned and operated by its president Martin Kepman. Martin, in his 34 years of consulting experience, has consu
Slide 21: Board of Directors
Me. . manganese Board of Directors Jay Richardson, Director— is a Canadian Chartered Accountant (CA CPA), a Singapore Certified Public Accountant (CPA) and a Fellow of the Insolvency Practitioners’ Association of the United Kingdom (FIPA). He has practiced as a Partner at Ernst & Young (Canada and S
Slide 22: Financial Details
4. manganese Financial Details Number of Shares C$ 94.2 million Options C$ 29.6 million Warrants C$ 5.1 million Shares fully diluted C$ 128.9 million Market cap (septs, 2020) C$ 21.7 million Source: TSX.com, Sept 08/2020 Oct 19 Nov ‘19 Dec 19 Jan ‘20 Feb ‘20 Mar ‘20 Apr'20. May'20 Jun "20 Jul ‘20 Au
Slide 23: For Further Information Please Contact
4. manganese X Energy Corp SEPTEMBER 2020 For Further Information Please Contact: Martin Kepman CEO and Director martin@kepman.com +1-514-802-1814 MANGANESE X ENERGY CORP. 23
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