Narryer Metals Limited · ASX:NYM
Narryer Metals — Investor Presentation (July 2023)
22 slides from Narryer Metals's investor presentation, Jul 17, 2023
Slide 1: Powering the Future: Narryer charges ahead with Lithium Acquisitions
Powering the Future: Narryer charges ahead with Lithium Acquisitions in Canada’s Superior Province I n v e s t o r P r e s e n t a t i o n | 1 7 J u l y 2 0 2 3 ASX:NYM narryer.com.au
Slide 2: Important Notice & Disclaimer
2 Important Notice & Disclaimer This presentation has been prepared by Narryer Metals Limited (Narryer or the Company) for sophisticated and professional investors. This document contains background information about Narryer current as at the date of this presentation. The presentation is in summary
Slide 3: Narryer to acquire 100% of lithium exploration portfolio in Canada
3 Narryer to acquire 100% of lithium exploration portfolio in Canada ‣ 5 Projects covering 124 km2 located in the prospective James Bay, Abitibi and NW Ontario regions: Pontax East, James Bay – neighbouring Patriot Battery 01 Metals (ASX:PMT, Mkt Cap +A$2bn), Cygnus Metals (ASX:CY5, Mkt Cap $55m), L
Slide 4: Quebec Lithium
4 Quebec Lithium ‣ NYM exploration focus is James Bay and Abitibi Regions of Quebec. Most in-demand Li exploration jurisdiction in North America ‣ James Bay region heading to tier 1 Li Pegmatite province with advanced large-scale projects - ‣ Corvette – Big Resource Pending (ASX:PMT, Market Cap C$1.
Slide 5: Pontax East
5 Pontax East James Bay Regional Setting ‣ 77km2 exploration project area, ‣ 5km SE of the Pontax Li Prospect (which has a resource currently pending 1); Cygnus Metals (ASX:CY5, Market Cap A$71m) and a 70km radius from major Li projects (e.g., James Bay, Rose and Whabouchi Deposits) ‣ Satellite imag
Slide 6: Pontax East
6 Pontax East James Bay Regional Setting Outcropping linear dykes Pontax Lithium 30m 200 m Identified potential pegmatite targets NYM Pontax East Satellite imagery shows intrusive targets to follow up Outcropping linear dykes with fieldwork 300m 6
Slide 7: Le Moyne
7 Le Moyne James Bay Regional Setting ‣ 10km2 exploration project ~ 150km ESE from Radisson ‣ 5km strike of two distinct 500m wide dyke swarms intruding the Laguiche Complex, Opinaca Subprovince, near major geological terrane boundary 1 ‣ Little previous exploration of this area ‣ Located 20km W of
Slide 8: Walrus Island
8 Walrus Island James Bay Regional Setting ‣ 7km2 exploration project area ‣ Proximal to the community of Wemindji ‣ Tenure contains historic geological survey mapping 1,2 identifying multiple outcropping spodumene and molybdenite bearing pegmatites, intruding volcanic sedimentary rocks of the Wemin
Slide 9: Eades
9 Eades Abitibi Regional Setting ‣ 10km2 exploration project. Accessible by road. ‣ Located in Ontario within the Abitibi granite-greenstone terrane - an established gold and base metal mining area (i.e., Kirkland Lake). ‣ Eades is 200km by road access to Sayona (ASX:SYA) NAL mine and Li concentrato
Slide 10: Northwest Ontario Lithium
10 Northwest Ontario Lithium ‣ Hailstone Project located in emerging lithium province in NW Ontario (north of Thunder Bay),with recent increased exploration, new Li Resources and projects heading to production ‣ NW Ontario region has combined resources of > 110 Mt Tonnes of Li 20 ‣ Most advanced, Fr
Slide 11: Hailstone
11 Hailstone NW Ontario Regional Setting ‣ 20km2 exploration project, located in the Red Lake Mineral District, NW Ontario ‣ 40km NW of Green Technology Metals Root Li Deposit 1 (with Resource of 12.6 Mt @ 1.2 % Li 2O); (ASX:GT1, Market Cap Aus$191m) and numerous other Li exploration projects in the
Slide 12: Hailstone Lithium
12 Hailstone Lithium Identified potential pegmatite targets NYM Hailstone Targets 400 m Satellite imagery shows intrusive targets for immediate follow up with fieldwork, with good access from existing track along powerlines Co-ords – UTM-WGS84 zone 15 12
Slide 13: Why Canadian Lithium?
13 Why Canadian Lithium? Value Adding, Right Right Locality Right Geology Commodity Complimentary Lithium required to supply the nearby The Superior Province Canada was Renewable Global demand for lithium batteries is explosion of battery gigafactories planned historically underexplored for Li Proje
Slide 14: Comparable Table
14 Comparable Table James Bay/ Quebec and NW Ontario Li Companies, Narryer has 5 projects across both geographies Ontario and Quebec Lithium Companies – Market Capitalisation (A$m) $500m $10bn $1.9bn $2bn $450m $400m Quebec $350m Ontario $300m Material re-rating PRODUCTION $250m opportunity for NYM
Slide 15: Acquisition & Corporate summary
Acquisition & Corporate summary 15
Slide 16: Acquisition Consideration
16 Acquisition Consideration Initial Consideration A$75,000 cash payment and issue of 5 million NYM shares (escrow for 12 months) 2.5 million share options, exercisable at $0.30, expiry 3 years 1.5% net smelter return royalty (NSR) from revenue generated from the production of lithium and 2.5% from
Slide 17: Transaction Timeline
17 Transaction Timeline Complete corporate and commence field activities Q3 2023 Q4 2023 Commence field ASX Announcement Shareholder Notices Shareholder Meeting activities Continue field studies Confirm high Priority targets for drilling / channel sampling Binding Agreements Completion of Shareholde
Slide 18: Corporate Snapshot
18 Corporate Snapshot ASX CODE NYM 12 Month Share Price $0.200 5,000,000 Current Shares on Issue¹ 47,550,001 $0.180 4,500,000 Market Cap ( July 2023 @ $0.12) ~$5.7M $0.160 4,000,000 $0.140 3,500,000 Cash (31 March 2023) $1.7M $0.120 3,000,000 Top 20 Shareholders 48.6% $0.100 2,500,000 $0.080 2,000,0
Slide 19: Board & Management
19 Board & Management Philip Warren Non-Executive Director Richard Bevan • Chartered accountant and Managing Director of corporate advisory firm Grange Consulting Group Non-Executive Chairman • 15+ years of corporate advisory experience specialising in financing, capital • Extensive senior managemen
Slide 20: Australian Critical Metals Projects
Australian Critical Metals Projects 20
Slide 21: Work continues - Australian Critical Minerals Projects
21 Work continues - Australian Critical Minerals Projects
Slide 22: Contact Details
Contact Details Dr Gavin England Investor Relations Managing Director Evy Litopoulos ResolveIR gavin@narryer.com.au evy@resolveir.com +61 8 9322 7600 For more info: ASX:NYM www.narryer.com.au 22