Allied Critical Metals Inc. · CSE:ACM
Allied Critical Metals — Investor Presentation (November 2025)
24 slides from Allied Critical Metals's investor presentation, November 2025
Slide 1: Allied Critical Metals - Near-term, low-cost Portuguese tungsten production
ALLIEDCRITICAL.COM Q4 2025 NEAR-TERM, LOW-COST PORTUGUESE PRODUCTION OF TUNGSTEN - A RARE & HIGHLY STRATEGIC CRITICAL MINERAL CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0
Slide 2: Disclaimer and Forward Looking Statements
DISCLAIMER FORWARD LOOKING STATEMENTS This presentation of Allied Critical Metals Inc. (“ACM” or the “Company”) contains “forward-looking information”. Forward-looking information The scientific and technical information in this presentation has been reviewed and approved by Mr. Vítor Arezes, BSc, M
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Focused on two historical Tungsten mining projects – 1) Borralha and 2) Vila Verde. Both located in mining-friendly northern Portugal. Well positioned for further discoveries & near-term production. Tungsten (W) is a rare critical mineral & strategic military metal 1 Tungsten p
Slide 4: Tungsten: Critical Mineral & Military Metal
TUNGSTEN: CRITICAL MINERAL & MILITARY METAL Tungsten (W) is a critical mineral with unique characteristics that make it highly valuable and difficult to replace. It is the hardest, heaviest, and densest metal, possessing the highest melting and boiling points, which makes it an essential component i
Slide 5: Tungsten Market: Demand, Supply & Pricing
TUNGSTEN MARKET: DEMAND, SUPPLY & PRICING Increased demand together with resource nationalism limiting supply from China & Russia, driving up tungsten prices ESTIMATED GLOBAL MARKET SIZE • The global tungsten market is projected to reach US$11 billion by 2030, growing from US$5.55 billion in 2025 at
Slide 6: Tungsten: Massive Urgency to Secure Supply
TUNGSTEN: MASSIVE URGENCY TO SECURE SUPPLY U.S. TUNGSTEN POLICY EUROPEAN UNION (EU) • The U.S. has not produced tungsten domestically • Renewed anti-dumping duties on tungsten since 2015. carbide imports from China for another five years. • Policymakers in Washington, D.C., are working to • The deci
Slide 7: Borralha: Tungsten Project
BORRALHA: TUNGSTEN PROJECT ALLIED CRITICAL METALS IS POISED TO EMERGE AS THE LEADING TUNGSTEN PRODUCER OUTSIDE OF CHINA RESOURCE TECHNICAL REPORT Brownfield project with past production and past production at northern side of the Borralha property from 1904-1985 of over 10,280 tonnes wolframite conc
Slide 8: Borralha: Tungsten Project
BORRALHA: TUNGSTEN PROJECT ALLIED CRITICAL METALS IS POISED TO EMERGE AS THE LEADING TUNGSTEN PRODUCER OUTSIDE OF CHINA RESOURCE TECHNICAL REPORT Brownfield project with past production at northern side of the Borralha property from 1904-1985 of over 10,280 tonnes of concentrate with an average grad
Slide 9: Vila Verde: Tungsten-Tin Project
VILA VERDE: TUNGSTEN-TIN PROJECT ALLIED CRITICAL METALS IS POISED TO EMERGE AS THE LEADING TUNGSTEN PRODUCER OUTSIDE OF CHINA The Vila Verde Project is advancing rapidly towards the execution of its Experimental Mining License with the Portuguese Government (DGEG), having secured positive endorsemen
Slide 10: Vila Verde: Pilot Plant
VILA VERDE: PILOT PLANT Test work conducted by GMR Consultores & MINEPRO Solutions for wolframite concentrate production at Vila Verde Project from the Justes deposit at Vila Verde. PROJECT HIGHLIGHTS: • Leverage prior pre-existing quarry operation to fastrack permitting process. • Tailings and allu
Slide 11: Timeline of Milestones
TIMELINE OF MILESTONES: Q4 2025 Complete drilling to expand Q2 2025 Follow Our Tungsten Travels in Portugal MRE Borralha and complete US Subsidiary launched & Pre-Feasibility Study Q2 2025 Added Board Members $4.6 Million Financing closed, General Spider Marks Q2 2024 and Secretary Neilsen Q4 2025/Q
Slide 12: Corporate Snapshot
CORPORATE SNAPSHOT CAP STRUCTURE Security Type Price per Share Shares O/S Common Shares 128.3M Basic Shares O/S 128.3M Property Vendor Share Grants (Unvested) $0.30 - 0.40 11.2M SHAREHOLDER SUMMARY Options $0.22 - 0.53 9.9M Institutional 10% Warrants $0.20 - 2.40 22.4M RSUs 8.8M Fully Diluted Shares
Slide 13: Management Team
MANAGEMENT TEAM ROY BONNELL JOÃO BARROS VÍTOR AREZES SEAN CHOI CEO COO / PRESIDENT VICE PRESIDENT, EXPLORATION CFO Roy Bonnell, CEO and Director – Roy João Barros, President and COO – João Vítor Arezes, VP Exploration – Vitor Sean Choi, CFO – Sean Choi, CPA, CA, Bonnell has over 30 years of leadersh
Slide 14: Our Directors
OUR DIRECTORS ROY BONNELL JOÃO BARROS SEAN O’NEILL CEO / DIRECTOR COO / PRESIDENT / DIRECTOR NON-EXECUTIVE CHAIRMAN / DIRECTOR Roy Bonnell, CEO and Director – Roy Bonnell João Barros, President and COO – João Barros Sean, Head of Securities at Boughton Law, has has over 30 years of leadership in cap
Slide 15: Our Directors
OUR DIRECTORS MICHAEL GALEGO ANDREW LEE DIRECTOR CORPORATE SECRETARY / DIRECTOR Michael Galego, co-founder and director, brings Andrew is the former Managing Director of 20+ years in corporate finance and M&A. CEO of York Harbour Metals Inc. (TSXV: YORK), has 15 Apolo Capital Advisory and former CEO
Slide 16: Allied Critical Metals USA
ALLIED CRITICAL METALS USA U.S. OPERATING SUBSIDIARY OF ALLIED CRITICAL METALS INC. Allied Critical Metals (USA), Inc. (“Allied USA”) is the U.S. operating subsidiary of Allied Critical Metals. Its mandate is to import, market, and distribute tungsten products to American customers in defense, aeros
Slide 17: Allied Critical Metals USA Directors Team
ALLIED CRITICAL METALS USA DIRECTORS TEAM ROY BONNELL JAMES A. “SPIDER” MARKS KIRSTJEN NIELSEN CEO / DIRECTOR MAJ. GEN. (RET.) FORMER U.S. SECRETARY OF HOMELAND SECURITY DIRECTOR DIRECTOR Roy Bonnell, CEO and Director – Roy Bonnell has General (Ret.) James Marks, Independent Board Secretary Kirstjen
Slide 18: Contact Information
CONTACT INFORMATION Suite 615 – 800 West Pender Street Vancouver, British Columbia Canada V6C 2V6 Rua Padre José G. Eigenmann 90, 4715-199 Braga, Portugal Tel: +351 286 322 265 1801 West End Avenue, Suite 1550 Nashville, Tennessee 37203 alliedcritical.com alliedcriticalusa.com Roy Bonnell CEO & Dire
Slide 19: Appendices
APPENDICES
Slide 20: Borralha: Tungsten Project
BORRALHA: TUNGSTEN PROJECT ALLIED CRITICAL METALS UPDATED RESOURCE MARCH 2024 The following table is a summary of the above tables illustrating the sensitivity of the NOX mineral resources at different WO3 cut-off grades(1): NOX Indicated Mineral Resources – Cut-off Grade Sensitivity: NOX Inferred M
Slide 21: Tungsten Market
TUNGSTEN MARKET GROWING DEMAND BY WESTERN ALLIES REQUIRES STABLE, FRIENDLY SUPPLY Global military spending reached $2,443B in 2023, with NATO accounting for 55%. The U.S., China, and Russia led increases. Its exportability over depleted uranium makes it a preferred choice for allied nations. Tungste
Slide 22: Public Comparable Companies
PUBLIC COMPARABLE COMPANIES $3,500 M $2,950.3 M $3,000 M Market Cap ($CAD) $2,500 M $2,000 M $1,500 M $1,000 M $623.1 M $693.2 M $697.1 M $451.4 M $500 M $97.9 M $119.3 M $147.0 M $157.3 M $22.9 M $36.0 M $74.2 M $- Group 6 Military Metal Tungsten Allied Critical Northcliff American EQ Resources Gua
Slide 23: Notes
NOTES 23 CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0
Slide 24: alliedcritical.com
NEAR-TERM, LOW-COST PORTUGUESE PRODUCTION OF TUNGSTEN - A RARE & HIGHLY STRATEGIC CRITICAL MINERAL ALLIEDCRITICAL.COM CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0
Allied Critical Metals — Investor Presentation (November 2025) on 6ix