Slide 1: Developing the Future of Salt and Hydrogen Storage in Atlantic Canada
Developing the Future of Salt and Hydrogen Storage in Atlantic Canada CSE: VRTX | OTC: VTECF | FRA: AA3 April 2023 Corporate Presentation Vortex Energy Presentation 2023
Slide 2: Vortex Energy Overview
Vortex Energy Overview Developing a clean future through salt ... Vortex Energy strives to innovate the future of global hydrogen storage, transportation & ammonia production, through advancing its salt assets & technology • Assets - Vortex Energy’s North American Salt project, adjacent to Atlas Sal
Slide 3: Investment Highlights
Investment Highlights Vortex Energy is focused on leveraging its salt assets, hydrogen storage and cracking technologies to develop modern solutions for a growing market Addressing Energy Storage Gaps North American Salt Shortage • Underground large-scale renewable • High grade Salt property adjacen
Slide 4: Global Market
Vortex Energy Global Market Salt Market is expected to Global sustainable green hydrogen surpass revenues worth eliminates 6 PWh/year of fossil fuel energy use, and 2 PWh/year of non-energy use. The fossil fuels are replaced by 7PWh/year of additional electrical demand. Persistence Market Research -
Slide 5: Vortex Salt
Vortex Salt The company holds the Robinson River Salt Project in Newfoundland and Labrador. Vortex Energy Presentation 2023
Slide 6: Market Overview
Market Overview • According to Allied Market Salt Imports: Research, the global industrial salt market size was valued at United States: 13 Mt $14.2 billion in 2020 and industrial salt market forecast projected to Canada: 3 Mt reach $19.4 billion by 2030, with global industrial salt market forecast
Slide 7: Market Overview
Market Overview • In the United States, highway Annual Consumption of Salt in North America de-icing accounted for about 43% of total salt consumed. The chemical Commercial Salt Chemical Use Road De-icing Food Industry ~CAD $300 Million ~CAD $720 Million ~CAD $220 Million ~CAD $2.17 Billion industry
Slide 8: Robinson River Salt Project
Robinson River Salt Project • 687 CLAIM UNITS – 17,139 HECTARES • The Property is located approximately 35 linear km south of the town Stephenville in Newfoundland and Labrador on the west coast of the island of Newfoundland. Deer Lake • Stephenville has a population of 6,600 • Map of Property here
Slide 9: Location & Infrastructure
Location & Infrastructure ... Accessibility Stephenville Community Port Access Skilled Workforce Access to the property is best The closest community of Year-round marine Experienced workforce can achieved traveling south from substantial size is Stephenville, shipping is maintained be expected from
Slide 10: Exploration History
Exploration History • In 2009, Vulcan Minerals did a deep exploratory hole which resides within the property outline, a depth of 3,560 to delineate evaporite stratigraphy and to gain stratigraphic control for exploration of the basin. Total expenditures for this hole topped $8.7 million dollars. Min
Slide 11: Gravity & Magnetic Survey Data
Gravity & Magnetic Survey Data ... Recent completion of an airborne gravity gradiometer and magnetic survey and 3D inversion modeling Figure 3. Digital terrain model supplied by Xcalibur for the inversion with flight line paths. over the Property. The preliminary gravity data with a terrain correcti
Slide 12: Data Interpretation
Data Interpretation ... The inverted density contrast model is residuals, and according to the convention used by GRAV3D code, a positive density contrast results in a positive gravity anomaly. Figure 5. The density contrast model at 500m The reconstructed preliminary density contrast model from bel
Slide 13: Property Geology
Property Geology ... Property is hosted within the Bay St. Georges The following salient features of the Property makes Subbasin (BSGSB) and is broadly analogous to the Property of high merit for the potential host of the geology of the Maritime Basin in New evaporite halite deposits: Brunswick. • T
Slide 14: Property Geology Cont'd
Property Geology Cont’d In the Bay St Georges Sub-basin there is an approximately 10,000-metre-thick sequence of sediments that are divided into three groups, namely the lower Anguille Group, the middle Codroy Group, and the upper Barachois Group. Marine sediments are only present in the Codroy Grou
Slide 15: Property Geology Cont'd
Property Geology Cont’d The well reached a depth of 3,560 m. Of importance is the interpreted presence of the Codroy Road Formation intersected at a depth of 815-845 m. This formation is considered the main evaporite bed within the Codroy Group, not the base of the Barachois Group as labeled in Figu
Slide 16: Adjacent Properties
Adjacent Properties Great Atlantic Salt Project Resource Atlas Salt (TSXV:SALT) 15 km north of Indicated: 187 Mt the Property. The salt deposit contains an inferred resource of 908 million Inferred: 999 Mt tonnes grading 96.9% NaCl using a nominal bulk density of 2.16 g/cm3 (nominal de-icing market
Slide 17: Vortex Hydrogen Storage
Vortex Hydrogen Storage Leveraging the Company’s Salt Project & Hydrogen storage technology, Vortex intends to develop salt caverns to store hydrogen for use/transport globally. Vortex Energy Presentation 2023
Slide 18: Ammonia Market Overview
Ammonia Market Overview ... The Advanced Clean Advanced Clean Energy By 2050, the US demand The Hydrogen industry will Energy Storage project in Storage project will provide for hydrogen could generate $4 trillion if Utah is aiming to be the 150,000 MWh of renewable jump to 41 million metric revenue
Slide 19: Hydrogen Storage Salt Caverns
Hydrogen Storage for In u se Salt Caverns ... , g y, Cars Solar, Wind, Hydro Ener s, Buses k Tr u c n ge dr o Clean Energy Hy Electrolyser Hydrogen Storage t, p or e fo r a ns ltur r T r ic u Green Energy for use when us e Ag Renewable Energy is not Ammonia In Synthesizer being generated Ammonia Sal
Slide 20: Regional Energy Transformation
Regional Energy Wind Turbine Transformation Wind Turbine Installation Installation Bear Head Energy is actively developing a Stephenville world scale green hydrogen and ammonia production, storage and loading facility. https://www.bearheadenergy.ca/green-hydrogen-ammonia World Energy GH2 pushes for
Slide 21: Global Energy Transformation
Global Energy Transformation Canada and Germany agreed to build a new hydrogen supply chain across the Atlantic Ocean, the 2025 target date is for the first shipments across the Atlantic World Energy Everwind Bear Head Energy Vortex Energy Presentation 2023 (CSE: VRTX | OTC: VTECF | FRA: AA3) 21
Slide 22: Vortex Ammonia Cracking
Vortex Ammonia Cracking The Company holds the exclusive rights to develop and sell ammonia to hydrogen cracking technologies. Vortex Energy Presentation 2023
Slide 23: Ammonia Overview
Ammonia Overview Hydrogen’s low energy density of 2.5MJ/I makes Ammonia is easier to store: it unrealistic as a long distance or long duration energy carrier • More reasonable temp of -33 degrees C Cost effective • Hydrogen is difficult to store making it uneconomical for use • Ammonia can be used d
Slide 24: Exclusive License to a Proprietary Technology
Exclusive License to a Proprietary Technology ... Vortex Energy holds the exclusive license and Hydrogen can be used directly in PEM fuel right to use the Ammonia Cracking Reactor cells, for long haul trucking. Technology and Membrane Separator Technology for the efficient production of Vortex will
Slide 25: Operational Milestones
Operational Milestones Vortex Energy will work to develop its technology in the following stages Development of ammonia cracking Construction and Continued scaling of and purification demonstration unit(s) units to meet other commercial application needs Executive definitive sub-licensing 1 kW Ammon
Slide 26: Market Highlights
Market Highlights • Investment remains strong as Amazon said Plug will supply 10,950 tons of Hydrogen remains a vital and green hydrogen per year for its core resource needed to fuel transportation and building operations the future of green energy Amazon strikes green starting in 2025. Amazon expec
Slide 27: Vortex Energy Leveraging Ammonia
Vortex Energy Leveraging Ammonia VORTEX’S ROLE: The co-location of Vortex’s cracking and purification Around 80% of all ammonia produced today is used for agricultural technologies allows a direct opportunity for agricultural purposes. Ammonia and ammonia related infrastructure, as well as the parti
Slide 28: Vortex Energy Team
Vortex Energy Team PAUL SPARKES SHAWN RYAN ZHENYU ZHANG, PH.D. CHIEF EXECUTIVE OFFICER TECHNICAL ADVISOR TECHNICAL ADVISOR Paul Sparkes is an accomplished business leader and Shawn grew up in Timmins Ontario and began his Dr. Zhang manages the pre-FEED (Front-End entrepreneur with over twenty-five y
Slide 29: Vortex Energy Team
Vortex Energy Team ROB CROSBIE STEPHEN MCNEIL PIOTR KUKIALKA STEVE KUKUCHA ADVISOR ADVISOR ADVISOR ADVISOR An experienced and well-respected After retiring from his position as Premier of Piotr Kukialka, M.Sc, P.Geo, is a salt Stephen is a Partner at PacBridge Partners with Newfoundland and Labrador
Slide 30: Investment Highlights
Investment Highlights Vortex Energy has a season team with an extensive range of experience. • A well known CEO from Newfoundland with • Strong technical team with a record of extensive public market and board success experience. Strong political and business relationships in Atlantic Canada and • S
Slide 31: Legal Disclaimer
Legal Disclaimer This material includes “forward-looking” statements or information within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or the anticipated performance of Vorte
Slide 32: Developing the Future of Salt and Hydrogen Storage
Developing the Future of Salt and Hydrogen Storage CSE: VRTX | OTC: VTECF | FRA: AA3 2023 Corporate Presentation info@vortexenergycorp.com 778 819-0164 Vortex Energy Presentation 2023