American Lithium Corp. · TSXV:LI
American Lithium — Investor Presentation (June 2022)
28 slides from American Lithium's investor presentation, June 2022
Slide 1: A Leading, Diversified Lithium Development Company
A Leading, Diversified Lithium Development Company May 2021 Corporate Presentation JUNE 2022 TSXV TOP 50 COMPANY
Slide 2: Disclaimer
Disclaimer THIS MANAGEMENT PRESENTATION (THE "PRESENTATION") WAS PREPARED AS A SUMMARY OVERVIEW ONLY OF THE CURRENT AFFAIRS OF AMERICAN LITHIUM CORP. (“AL” OR “AMERICAN LITHIUM”) AND ITS SUBSIDIARIES, INCLUDING WITHOUT LIMITATION, PLATEAU ENERGY METALS INC. (“PLU”, WITH AL, PLU AND THE OTHER SUBSIDI
Slide 3: Disclaimer
Disclaimer All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: the Companies’ ability to achieve their stated goals, including the anticipated benefits of the acquisition
Slide 4: American Lithium Corp. Company Highlights
American Lithium Corp. ONE OF THE LARGEST LITHIUM DEVELOPERS IN THE AMERICAS Company Highlights 2 Advanced Staged Lithium Projects: TLC & Falchani UNITED STATES Operating in Mining-Friendly Tier 1 Jurisdictions: Nevada & Peru One of World’s Largest Combined Lithium Resource Bases: 6.3 MT Li₂CO₃ MI a
Slide 5: A Transformational Year
A Transformational Year Strong Progress on the Ground and at the Corporate Level ✓ Large Initial Resource Estimate Announced at TLC in Nevada ✓ Key Management / Board Changes Adding Strong Technical Expertise ✓ Metallurgical Studies Highlight the Prospect of Sustainable Lithium Extraction ✓ Acquisit
Slide 6: Capitalization
Capitalization Share Structure Major Shareholders Analyst Coverage TSXV: LI Roth Capital Joe Reagor Stock Exchange / Symbol OTCQB: LIACF Institutional - AusBil VSA Capital Oliver O’Donnell Share Price C$3.00 - Commodity Capital Echelon Capital Michael Mueller Basic Shares Outstanding 204.2 M - Globe
Slide 7: Proven Leadership Team, Known Company Builders
Proven Leadership Team, Known Company Builders Board Directors Management Andrew Bowering | Chairman & Director Simon Clarke | CEO & Director • 30+ years in mining; building multiple teams and operated mineral resource companies. • Founder, EVP / Director of Prime Mining; Founder / former Director o
Slide 8: Environmental, Social, Governance (ESG)
Environmental, Social, Governance (ESG) Environment • As a conscientious, progressive mining company, the responsible stewardship of the local environment where we operate is at the heart of our corporate values. • Working to always minimize the environmental impact of our activities. • Biological s
Slide 9: TLC Project – Drilling to Date & Maiden Resource
TLC Project – Drilling to Date & Maiden Resource • 12,300-acre property ~ 6 miles northwest of Tonopah, Nevada • Large-scale near surface deposit situated with minimal overburden and thick zones of Lithium mineralization (up to 80 m/250 ft thick) • 40 holes drilled to date (RC, diamond core, sonic c
Slide 10: Plan of Operations Approved – Major Drilling Program Commenced
Plan of Operations Approved – Major Drilling Program Commenced Plan of Operations Highlights • Enables next phase of development/ exploration drilling • Public support for EA and PO • 4,665-acre Project Area • 106.6 acres new disturbance • 110 new drill sites approved • 5 bulk sample test pits for o
Slide 11: TLC's Advantages
TLC’s Advantages Competitive Market Advantage Fastest Processing Time Simple Lithium Upgrading • Gravity separation Low Deleterious Elements • Low mercury, low arsenic, low Leach time to >=90% recovery [mins] upgrades lithium • Achieved results up to 1300 radioactivity (uranium) • Low contaminants i
Slide 12: TLC Processing Options
TLC Processing Options Final Product: Acid Leach or Precipitation Impurity Beneficiation Roast / Water or Li2CO3 or Removal Leach Crystallization LiOH * H2O Sulfuric Acid Hydrochloric Acid Roast / Water Leach Leaching Li Extraction Up to 97.4% Up to 95.1% Initial results up to 89.4% Lithium Hydroxid
Slide 13: Critical Minerals Supply Chain Directives
TLC is an Ideal Project to Respond to the Biden Administration’s Critical Minerals Supply Chain Directives “Identify potential U.S. production and processing locations for critical minerals: We recommend that federal agencies, led by the Department of Interior with the support of the White House Off
Slide 14: Falchani Lithium Project Overview
Falchani Lithium Project Overview SCALABLE, LONG LIFE BATTERY QUALITY LITHIUM CHEMICAL PROJECT IN PERU Asset Location and Concession Highlights Robust Economics (using $12,000/E Li2Co3) ▪ NPV8: US$1.5 Billion, IRR 19.7% and 4.7 years payback ▪ Large Scale: 23,000tpa Li2CO3 Y1-Y7, 44,000tpa Y8-Y12, 8
Slide 15: Falchani Lithium Project Overview
Falchani Lithium Project Overview Stage 1 Project: Base Case Highlights Stage 1 Project: Alternate Case Highlights US$1.5 19.7% 4.7 Years US$8,977M US$844M 18.8% 4.6 Years US$3,418M billion LOM LOM US$430M US$198M average annual LOM average annual LOM NPV(8%)1 IRR, after-tax 1 Payback1 Cash Flow1 NP
Slide 16: Asset Benchmarking – 2030E
Asset Benchmarking – 2030E LOW FIRST QUARTILE COSTS (TOTAL COST BASIS) AMONGST PEER GROUP AC 4,333 3,958 BC Falchani Falchani Base Case Alternate Case Source: Benchmark Mineral Intelligence, Lithium Forecast | Q1 2022, Slide 45 16
Slide 17: Flowsheet Overview
Flowsheet Overview CONVENTIONAL PROCESSING & PRECIPITATION Tank Leach Process Flowsheet Highlights ▪ Extensive metallurgy and process engineering work supports conventional sulfuric acid tank leaching ▪ Crystallization demonstrated low impurity, battery quality Li2Co3 (99.74%+) ▪ Lithium-rich sulfat
Slide 18: Macusani Uranium Project Overview
Macusani Uranium Project Overview LOW COST, LOW CAPITAL INTENSITY, FLEXIBLE URANIUM DEVELOPMENT PROJECT Location and Mineral Resource PEA Highlights Strong Project Economics1, 2 ▪ NPV8: US$603M, IRR 40.6% and 1.8 years payback at US$50/lb U₃O₈ ▪ Large Scale. Avg. production ~6Mlbs U₃O₈ / yr over a 1
Slide 19: Aggressive Exploration & Development
Aggressive Exploration & Development BUILDING ADDITIONAL VALUE THROUGH THE DRILL-BIT PERU • Exploration drilling on 2 new drill “ready-target” areas near Falchani • Infill & expansion drilling at Falchani to expand & reclassify existing resource – enables move into feasibility • Updating Falchani PE
Slide 20: Pro-Forma Positioning
Pro-Forma Positioning BEST IN CLASS PORTFOLIO M&I Resource (KT LCE) vs. Global Hard Rock & Sedimentary Lithium Deposits American Lithium portfolio is positioned well in 11,000 terms of scale vs. global projects 8,837 5,982 6,330 5,370 4,259 4,350 1,612 2,389 597 734 960 1,381 166 258 364 431 463 Fal
Slide 21: Pro-Forma Positioning – Market Capitalization vs. Global Lithium Developers
Bearing Lithium Corp $32 European Lithium Ltd. Source: FactSet, company public filings $94 Peer Average: C$1,698M Lithium Power International Ltd. $181 STRONG VALUE PROPOSITION Critical Elements Lithium Corporation $306 Rock Tech Lithium Inc. $430 developer universe American Lithium Corp. Significan
Slide 22: Strong Fundamentals Going Forward
Strong Fundamentals Going Forward World-Class, Scalable Assets Dedicated Management Team • Two of the largest global lithium development projects • Depth of management, each with 30+ years experience in extractive industries • Combined resources of 6.3MT LCE Measured & Indicated and 5.5MT LCE Inferr
Slide 23: Lithium Supply Chain is Dominated by China
Lithium Supply Chain is Dominated by China Stage One: Mining Global share of production (%) in 2019 Stage Two: Chemical Processing/Refining Mining Chemical Processing Nickel 8% 0% 31% Cobalt 0% 0% 1% 1 Nickel 13% 1% 65% Graphite 1% 0% 65% Cobalt 17% 0% 82% Lithium 0% 1% 9% Graphite1 0% 0% 100% Manga
Slide 24: Appendix
APPENDIX
Slide 25: Why Lithium?
Lithium is critical to these key booming markets, amongst others… Why Lithium? WE ARE IN A TECHNOLOGY “SUPER CYCLE;” LITHIUM IS ONE OF THE METALS MOST Electric Vehicles IMPACTED BY EMERGING TECHNOLOGIES • LCE per vehicle battery: 10-63kg. • The global EV market is expected to grow at 22.5% from 2021
Slide 26: Attractive Industry Outlook
Attractive Industry Outlook Recovering Global Lithium Carbonate Prices Growing Global Demand for Lithium Chart Titl Lithium Carbonate, Battery Grade, Global Prevailing Price jh Significant anticipated supply crunch presents Lithium Hydroxide, Battery Grade, Global Prevailing Price $37,000 e opportun
Slide 27: Government Has Declared US Battery Independence
Government Has Declared US Battery Independence THE SUPPLY CHAIN STARTS WITH OWNING AND DEVELOPING LITHIUM-ION BATTERY RAW MATERIALS IN AMERICA American Lithium’s TLC project can supply the critically required domestic lithium in an environmentally and economically sustainable way. 27
Slide 28: TSX.V:LI | OTCQB:LIACF | Frankfurt:5la1
…Ensuring a sustainable America TSX.V:LI | OTCQB:LIACF | Frankfurt:5la1 www.americanlithiumcorp.com Follow Us On