Metal Energy Corp · TSXV:MERG
Metal Energy — Investor Presentation (October 2021)
31 slides from Metal Energy's investor presentation, Oct 15, 2021
Slide 1: Canadian District Scale Exploration for Nickel & Green Energy Metals
Canadian District scale exploration for NICKEL & GREEN ENERGY METALS CORPORATE PRESENTATION / Q4 2021 Expected Ticker Symbol: MERG: TSXV
Slide 2: Forward Looking Statements
Forward Looking Statements WE ARE IN THE MINERAL EXPLORATION AND DEVELOPMENT BUSINESS. IT IS INHERENTLY RISKY, AND ALL INVESTORS SHOULD BE KEENLY AWARE OF THIS This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or dev
Slide 3: Metal Energy Part of Ore Group
Metal Energy Part of Ore Group consists of in-house technical and financial expertise & is focused on premier jurisdictions & on metals with strong, long-term fundamentals METAL ENERGY AMERICAN EAGLE GOLD MERG: TSXV (IPO set for Q4 2021) AE: TSXV Nickel exploration, discovery & Brand new Nevada focu
Slide 4: The Energy Metal Supercycle is on the Horizon
The Energy Metal SUPERCYCLE is on the Horizon Any material reduction of Carbon / Fossil Fuels will require Trillions in investment in the discovery of and supply chain for Green Energy Metals… there is no other viable alternative Nickel for Energy Storage Copper for Energy Transport Uranium for Ener
Slide 5: Nickel Spot Price
Nickel Spot Price $20,375 Year to Date Nickel Price +33%YTD $21,000 Broke Key Support Level of $19,800 $20,000 ° ° 2° ° S S 3S 3S — Sh Sh Sh a ) Ss © a 4 a a n n n n auuoy sad qsn $15,000 $14,000 Tz0z-60-das Tz0z-s7-8ny T207-0T-8ny T202-97-1 Teoz-TE-1Mr Tzoz-9-unr Tzoe-TEunr Tz0z-47-AeWw Tz0z-7T-AeW
Slide 6: Corporate Overview
CORPORATE OVERVIEW Key Metrics Board TSX Venture MERG: TSXV James Sykes CEO Shares Outstanding 44 million commons shares, no debt Stephen Stewart Chairman Warrants and Options None Charles Beaudry Director Cash in Treasury $1.25m Alexander Stewart Director IPO Financing Raised & in escrow +$6.1m Jef
Slide 7: TSXV Listing & Current Financing
TSXV Listing & Current Financing Same team and structure as Baselode Energy (FIND:TSXV) Merger with CPC ‘Rider 2’ & Contemporaneous Listing and Financing Close in October All major Exchange approvals in place, including Manibridge and Strange’s NI 43-101 Reports Raising a minimum of $3M Hard Dollar
Slide 8: Metal Energy | Asset Package
Metal Energy | ASSET PACKAGE MANIBRIDGE MINE STRANGE PROJECT Thompson, Manitoba Thunder Bay, Ontario 8
Slide 9: Manibridge Mine | Ni-Cu Cobalt in Thompson
Manibridge Mine | Ni-Cu COBALT IN THOMPSON Formerly owned by Falconbridge and mined from 1971 to 1977, Produced 1.3M tonnes @ 2.55% nickel & 0.27% copper to a depth of 381 metres Located on the Thompson Belt, one of the world’s richest nickel districts High-tenor, high-grade nickel mineralization be
Slide 10: Manibridge Mine | Near-Term Exploration Plan
Manibridge Mine | NEAR-TERM EXPLORATION PLAN ESTABLISH A MINIERAL RESOURCE & DRILL TEST OUR THESIS Establish a Maiden 43-101 Resource for Manibridge Drill program is planned and permitted Untested Nickel shoots exist below 200m & follow up to 2019 Drill program Targets are high grade, high tenor nic
Slide 11: Manibridge Mine | Shallow, High Grade, Past Producer
Manibridge Mine | SHALLOW, HIGH GRADE, PAST PRODUCER 2019 DRILL RESULTS FROM LENGTH HOLE ID TO METRES Ni % Cu % Co % METRES METRES 19MB01 131.00 132.25 1.25 3.33 0.16 0.04 and 135.55 141.00 5.45 1.05 0.13 0.01 19MB02 128.05 134.60 6.55 2.75 0.13 0.03 including 128.05 129.00 0.95 12.06 0.17 0.12 19MB
Slide 12: Manibridge Mine | Leapfrog Model
Manibridge Mine | LEAPFROG MODEL Long Section looking North of the well mineralized shell along the Mine Trend 12
Slide 13: Manibridge Mine | Leapfrog Model
Manibridge Mine | LEAPFROG MODEL Cross Section looking West of the well mineralized shell along the Mine Trend 13
Slide 14: Strange Project | Location
Strange Project | LOCATION 14
Slide 15: Strange Project | Near-Term Exploration Plan
Strange Project | NEAR-TERM EXPLORATION PLAN EXPLORING FOR A NEW NICKEL DISTRICT - DRILL TEST OUR THESIS Strange Project drill program is planned and permitted Drill to test the sequence at the base of the mid-continental rift If our hypothesis is correct Strange could be a new district scale discov
Slide 16: Strange Project | Ni, Cu, PGE Exploration
Strange Project | Ni, Cu, PGE EXPLORATION District scale Nickel Sulphide (Nickel-Cu-PGE targets) discovery opportunity near Thunder Bay, ON Targets Identified by a team of ex Inco Geologists Large scale magnetic anomaly within continental rift shows signs of potential camp scale nickel deposit Metal
Slide 17: Strange Project | A District-Scale Ni-Cu-PGE Project
Strange Project | A DISTRICT-SCALE Ni-Cu-PGE PROJECT Initial evidence is the strong geophysical magnetic pattern we see in the basin Drill program will test the rock age of this magnetic feature. Looking for rock age that is consistent with other mid-continental rift deposits such as Lundin’s Eagle
Slide 18: Next Steps for Metal Energy
Next Steps for Metal Energy Going Public Transaction Listing on TSX Venture Drill Campaign for Announced in May PLANNED Oct/Nov 2021 Manibridge Mine Merging with ‘Rider 2’ CPC Q4/Q1 2021 1 2 3 4 5 IPO Financing Maiden Drill Campaign for Strange Project Underway Now Q4/Q1 2021 18
Slide 19: Board & Management
Board & MANAGEMENT STEPHEN STEWART CHARLES BEAUDRY CHAIRMAN DIRECTOR • 15 years of experience in the resource and • Geologist with more than 35 years of experience • 15 years of experience in exploration finance industries and discovery across the globe • Focused on the M&A, exploration and • 17 yea
Slide 20: Metal Energy Inc. Contact
For Metal Energy Video content: METAL ENERGY INC. www.metalenergy.ca Click Here sstewart@oregroup.ca Twitter 416.644.1567 LinkedIn YouTube
Slide 21: Appendix
Metal Energy
Slide 22: Comparable & Proximate Ni-Cu-PGE Companies
Comparable & Proximate Ni-Cu-PGE COMPANIES CURRENT MARKET COMPANY LOCATION RESOURCE CAPITALIZATION* 4Mt (Ind.) @ 2.62 Ni Eq Talon Metals Corp Duluth, Minnesota $500M 7Mt (Inf.) @1.57 Ni Eq 657Mt (M&I) @ 0.26% Ni Canada Nickel Company Timmins, Ontario $250M 646Mt (Inf.) @ 0.24% Ni 1.25Mt (M&I) @ 0.99
Slide 23: Nickel Demand: Supercharged by EV Battery Growth
Nickel Demand: Supercharged by EV Battery Growth Battery Demand for Nickel Rising 5-6x: Glencore forecasts a 5% CAGR in nickel demand over the next 30 years. This growth is tied to battery demand which is forecast to consume 30-40% of nickel production by 2050 EV Battery Cathodes are 80% Nickel: Whi
Slide 24: Nickel Supply: Will Struggle to Meet Demand
Nickel Supply: Will Struggle to Meet Demand Weak Nickel Prices over the past 7 years have Constrained Exploration Nickel-Sulphide Deposits are Rare Nickel-laterite deposits represent 80% of nickel reserves and highly pollutive & costly to updated to battery-grade Class 1 nickel. Existing Projects Be
Slide 25: Manibridge Mine | Leapfrog Model
Manibridge Mine | LEAPFROG MODEL Rotated Longitudinal Projection of the well mineralized shell along the Mine Trend 25
Slide 26: Manibridge Mine | Leapfrog Model
Manibridge Mine | LEAPFROG MODEL 26
Slide 27: Metal Energy Target Metals
Metal Energy Target Metals Metal Energy Target Metals Periodic Table Metal Energy Elements 27
Slide 28: Electric Vehicles Will be the Future Driving Force for Demand
Electric Vehicles Will be the Future Driving Force for Demand BATTERY BOOST Demand from electric vehicle batteries will spur a group of metals Nickel 14.0x Aluminum 14.0 Phosphorus 13.0 Iron 13.0 Copper 10.0 Graphite 10.0 Lithium 9.0 Cobalt 3.0 Manganese 3.0 2019 v 2030 demand growth Source: Bloombe
Slide 29: Nickel Demand Over the Past Decade
Nickel Demand Over the Past Decade Nickel demand has remained strong over the past decade as a result of strong Stainless demand. Demand will only increase with the addition of EVs and Lithium Ion battery demand over the coming decades BASE METALS & OTHER METALS DEMAND CAGR% (2007-2017) Aluminum 5.2
Slide 30: 70% of Global Nickel is from High-Risk Jurisdictions
70% of Global Nickel is from High-Risk Jurisdictions GLOBAL NICKEL PRODUCTION IN 2019 14% Rest of the world 72% Indonesia (30%) Philippines (16%) Russia (10%) New Caledonia (8%) China (4%) 14% Brazil (2%) Canada (~7%) Cuba (2%) Australia (~7%) United States (~1%) Data Source: USGS 30
Slide 31: Nickel Market is Bifurcated | Class 1 vs. Class 2
NICKEL MARKET IS BIFURCATED | Class 1 vs. Class 2 CLASS 1 – HIGH PURITY CLASS 2 – LOW PURITY suitable for batteries includes nickel pig iron and ferronickel 70% of Class 1 nickel from sulfide Unsuitable for rechargeable ores, and 30% from limonite ores batteries which have higher capital costs Prima