Vertical Exploration Inc. · TSXV:VERT

Vertical Exploration — Investor Presentation (November 2022)

30 slides from Vertical Exploration's investor presentation, November 2022

  1. Slide 1: Wollastonite: A white mineral with a green future

    TSX-V:VERT Wollastonite A white mineral with a green future Corporate Presentation: November 2022

  2. Slide 2: Disclaimer & Forward Looking Statements

    Disclaimer & Forward Looking Statements Cautionary Statement on Forward-Looking Information & Statements: This presentation contains certain forward-looking information and statements which may not be based on fact, including without limitation, statements regarding the Company’s expectations in res

  3. Slide 3: Overview

    Overview ➢ Vertical Exploration is a Canadian mining company which is listed on the Toronto Venture Exchange (“V.VERT”). Who we are ➢ Its 100%-owned flagship asset, the St. Onge wollastonite project, is fully permitted and located in the mining-friendly Lac Saint Jean region of Quebec. ➢ Vertical is

  4. Slide 4: Investment Highlights

    Investment Highlights Mining-Friendly Jurisdiction Simple, Proven Flowsheet Simple Quarry Experienced Regional Operation Open-Pit Mining With Low Management Team Strip Ratio Fully Permitted & Licensed No Tailings Dam Excellent Regional Product Can Sequester CO2 Infrastructure WWW.VERTXINC.COM 4

  5. Slide 5: Share Structure

    SHARE STRUCTURE TSX-V:VERT Issued and outstanding 123,284,053 Warrants 31,271,701 Options 5,575,000 Fully Diluted 160,130,754 52 week high C$0.205 52 week low C$0.040 CONTACT DETAILS MANAGEMENT TEAM ADVISERS 789 West Pender Street, Peter Swistak - President/CEO, Director Gary Sosenko (Industrial Min

  6. Slide 6: What is Wollastonite?

    What is Wollastonite? ➢ Wollastonite is a naturally-occurring, calcium metasilicate (CaSiO3) mineral with a theoretical composition of 48.3% CaO and 51.7% SiO2, and an acicular (needle-like) particle shape. It is usually white and can withstand temperatures up to 1540°C. ➢ Geology: Wollastonite is f

  7. Slide 7: Principal Applications

    Principal Applications ➢ Wollastonite can be crushed into powder form, like any standard quarry product. It has a wide range of industrial applications, including ceramics, polymers such as plastics and rubber, paint fillers, metallurgy, paper and friction materials. ➢ When applied to land and expos

  8. Slide 8: Favourable Location & Infrastructure

    Favourable Location & Infrastructure ➢ Vertical is currently the only listed junior mining play with a world-class wollastonite deposit in production. ➢ The St Onge deposit is located 80km north of the city of Alma in the Lac St Jean region of Quebec. ➢ Quebec is an internationally-recognised, frien

  9. Slide 9: Mineral Resources

    Mineral Resources Wollastonite (%) Tonnes Measured 36.20 7,155,000 Indicated 37.04 6,926,000 Measured & Indicated 36.61 14,081,000 Inferred 40.25 17,896,000 TABLE 1: Pit constrained mineral resources at Wollastonite deposit (COG at 30% Wollastonite) from NI43-101 Resources Calculation Report April 2

  10. Slide 10: Agriculture System Pressures

    Agriculture AgricultureSystem SystemPressures Pressures Vertical’s Wollastonite - the right product at the right time WWW.VERTXINC.COM 10

  11. Slide 11: Shrinking Margins for Farmers

    Shrinking Margins for Farmers Fertilizer Price Index 300.00 250.00 200.00 150.00 100.00 50.00 0.00 FIGURE 4: Spreading fertilizer SOURCE: World Bank “Pink Sheet” Data. 2010 = 100 ➢ Unpredictable weather patterns, affecting planting and quality of harvest ➢ Entrenched inflation, including higher fert

  12. Slide 12: Fertilizer Sector Pressures

    Fertilizer Sector Pressures ➢ Sanctions on Russia and Belarus. ➢ Belarus supplies almost one fifth of the world’s potash and is the third largest exporter, while, in addition to potash, Russia is a key exporter of nitrogen and phosphate; ➢ Trade re-routings amid availability concerns; ➢ Several gove

  13. Slide 13: Deteriorating Top Soils

    Deteriorating Top Soils ➢ Soils have become one of the world’s most vulnerable resources in the face of climate change, land degradation, biodiversity loss and increased demand for food production.1 ➢ Annually, an estimated 24 billion tons of fertile soil are lost globally due to erosion, while arab

  14. Slide 14: Political Pressure to Change

    Political Pressure to Change The context Why silicates can form part of the solution ➢ Population increases and the economic growth of ➢ New farm practices and technologies are needed globally to developing countries are fuelling global food consumption. address the impacts of climate change and red

  15. Slide 15: Impact Opportunity – Regenerative Systems

    Impact Opportunity – Regenerative Systems SOURCE: John Fullerton, “Regenerative Capitalism: How Universal Principles and Patterns Will Shape Our New Economy,” Capital Institute, April 2015 WWW.VERTXINC.COM 15

  16. Slide 16: Compelling Features of Wollastonite

    Compelling Features of Wollastonite Desirable Characteristics A Multi-Purpose Solution ➢ Vertical’s premium wollastonite is sourced from the ➢ A cost-competitive soil amendment product which does mining-friendly, secure jurisdiction of Quebec and close to not contribute to additional GHG emissions –

  17. Slide 17: Strategy and Target Markets

    Strategy and Target Markets High Value, High Growth WWW.VERTXINC.COM 17

  18. Slide 18: Strategy

    Strategy ➢ Vertical is focused on new and fast-growing markets, including soil amendments, environmental remediation, cannabis/hemp and industrial applications. ➢ The potential use of wollastonite in the Agriculture sector via a simple, low-cost quarry and crushing operation, provides Vertical with

  19. Slide 19: Findings – AGRINOVA Phase 1 R&D

    Findings – AGRINOVA Phase 1 R&D In May 2019, Vertical announced encouraging results from Phase 1 of its R&D agreement with AGRINOVA on wollastonite from the St Onge deposit: ➢ Vertical’s wollastonite could be BNQ-certified or registered under the Fertilizers Act in Quebec. ➢ The safety profile of Ve

  20. Slide 20: Sales / Distribution Plan

    Sales / Distribution Plan ➢Vertical’s sales/distribution plan has already been launched, and has been very successful to date on a test-marketing level – a wide range of agriculture and cannabis companies are currently testing/using Vertical’s Wollastonite. ➢Vertical’s overall sales/distribution str

  21. Slide 21: Soil Amendments

    Soil Amendments ➢ Soil erosion in agricultural landscapes reduces crop yields, leads to loss of ecosystem services, and influences the global carbon cycle. ➢ In the US Corn Belt alone, it has been estimated that around 24- 46% of the top soil has been completely removed by current crop management pr

  22. Slide 22: Growth of the Organic Sector

    Growth of the Organic Sector World: Growth of organic retail sales 2000-2019 ➢ The global market for food sourced Source: FiBL surveys 2000-2021 organically continues to enjoy strong, multi- year growth trends. 120 ➢ Consumers are becoming more conscious 106.4 about what they buy. They’re choosing 9

  23. Slide 23: Maple Syrup

    Maple Syrup ➢ The Canadian maple syrup industry accounts for approximately 75% of the world’s maple syrup and is the leading producer of maple products. In 2020, maple syrup production reached 14.3 million gallons, valued at C$5 billion. ➢ The province of Quebec alone accounts for 92% of the country

  24. Slide 24: Cannabis Cultivation

    Cannabis Cultivation ➢ In Phase Three trials conducted at BC Bud Depot’s (“BCBD”) ACMPR-licenced Research and Development facilities in Vancouver, BC., BCBD measured and recorded significant improvements in root mass, powdery mildew control and pest elimination when applying an admixture rate of 10%

  25. Slide 25: Appendix: Silicon in Agriculture

    Appendix Silicon in Agriculture Understanding the value of silicon as a crop nutrient WWW.VERTXINC.COM 25

  26. Slide 26: The Role of Silicon in Plants

    The Role of Silicon in Plants The practice of utilizing silicon in agriculture has expanded in recent years as awareness of its exceptional benefits has gained recognition: ➢ Direct stimulation of plant growth and yield. Silicon is primarily deposited on the walls of the epidermis and vascular tissu

  27. Slide 27: Silicon Fertilizer Yield Enhancement

    Silicon Fertilizer Yield Enhancement Crop Tested Yield Increase Average Yield Benefit / Cost Ratio Number of Trials Percentage Range Increase (%) Rice 3.5–28.5 10.3 4.4 50 Maize 5.6–10.4 7.7 3.1 44 Cucumber 9.4–25.6 13.7 42.9 40 Tomatoe 8.7–15.9 12.0 35.7 35 Soybean 7.5–13.6 11.0 1.7 32 TABLE 3: The

  28. Slide 28: Pathogen Suppression by Silicon

    Pathogen Suppression by Silicon Crop Description Rice Disease Leaf and neck blast, Brown spot, Sheat blight, Leaf scald, Grain discoloration, Stem rot Pest Stem maggot, Green leaf hopper, Brown plant hopper, white backed plant hopper, Leaf spider, Stem borer, Grey garden slug, Mites Sugarcane Diseas

  29. Slide 29: Example - Powdery Mildew

    Example - Powdery Mildew ➢ Powdery mildew is a fungal disease of the foliage, stems and occasionally flowers and fruit, and is a major pathogen of cereal crops and many common edible and ornamental garden plants, including apples, pears, plums, blackcurrants, most berries, grapes, tomatoes, zucchini

  30. Slide 30: References

    References 1. FAO & ITPS. 2015. The Status of the World’s Soil Resources (Main Report). P.648 2. UNCCD Secreteriat. Land and soil in the context of a green economy for sustainable development, food security and poverty eradication. Nov 2011 3. https://rodaleinstitute.org/why-organic/organic-farming-

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