Grid Metals Corp. · TSXV:GRDM
Grid Metals — Investor Presentation (October 2026)
28 slides from Grid Metals's investor presentation, October 2026
Slide 1: A Global Leader in Cesium Exploration & Development
TSXV: GRDM | OTCQB: MSMGF A Global Leader in Cesium Exploration & Development October 2026
Slide 2: Disclaimer
DISCLAIMER This presentation (“Presentation”) is being issued by Grid Metals Corp. (the “Company” or “Grid ”) for costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining information purposes only. Reliance on this Presentation for the purpose of engagin
Slide 3: Unique Critical Minerals Play with World-Class Partners
UNIQUE CRITICAL MINERALS PLAY WITH WORLD-CLASS PARTNERS Advancing the Falcon West cesium project with Avenir Minerals FOCUSED CESIUM OPPORTUNITY AT MB FALCON WEST WITH UPSIDE OPTIONALITY AT OTHER MINERAL PROJECTS Cesium is a high-value, rare metal that is designated a critical mineral by the U.S. an
Slide 4: Why Buy?
WHY BUY? Unique critical minerals play with world-class mining partners Rare cesium exposure: 1. Unique exposure to a rare and tightly supplied metal defined as a critical mineral by the US and Canada. World-class mining partners: 2. Avenir Minerals, a subsidiary of Agnico Eagle, brings global minin
Slide 5: Leadership
LEADERSHIP ROBIN DUNBAR DR. DAVE PECK BRANDON SMITH ARIF SHIVJI President, CEO, VP Exploration and Chief Development Chief Financial and Director Business Development Officer Officer • Mr. Dunbar holds an M.B.A. from • Former VP Exploration for North • More than 15 years of experience • Seasoned fin
Slide 6: Capital Structure
CAPITAL STRUCTURE As of October 9, 2026 Significant Shareholders TSXV: GRDM OTCQB: MSMGF Primero Engineering Management & Board 4.3% 2.9% Share Price $0.22 Avenir Minerals 9.9% Shares Outstanding (Basic) 233.0M Options/RSU/DSU 16.7M AMCI Group Warrants 0.1M 10.7% Fully Diluted Shares Outstanding 249
Slide 7: Cesium Market Overview
CESIUM MARKET OVERVIEW • Key uses include: energy, defense, medical imaging, and advanced electronics • Significant portion of cesium market (50%) is high- density, environmentally-benign drilling fluids • Next-generation (Perovskite) solar cells represent a major emerging demand driver. Petroleum A
Slide 8: Cesium Projects and Historical Pricing
CESIUM PROJECTS AND HISTORICAL PRICING PMET, Shaakichiuwaanaan Sinomine, Tanco Mine, Manitoba Deposit, Quebec (development) (remnant mining) Power Metals, Case Lake Deposit, Ontario (development) Grid Metals, Falcon West Project, Manitoba (development) Producing Avalon, Lilypad Deposit, Ontario (his
Slide 9: Cesium Market – Valuable/Rare/In-Demand
CESIUM MARKET – VALUABLE/RARE/IN-DEMAND Cesium feedstock is supply-constrained and under Cesium is rare and hard to find Chinese control 1 USGS Mineral Commodity Summaries – Cesium Report (January 3 Only 7 cesium-bearing pollucite deposits are believed to have ever been discovered and only 3 mines h
Slide 10: Cesium Comparables
CESIUM COMPARABLES Grid Metals Remains Undervalued Following The Announcement of its Maiden Cesium MRE MARKET CAP RESOURCE TAKEAWAYS 2,391 Kt @ 3.0% Cs2O Targeting final investment decision on large-scale lithium deposit (CV5) in $750M & 1.9% Li2O northern Quebec in late 2027 and concurrently evalua
Slide 11: Falcon West Cesium Project Overview
FALCON WEST CESIUM PROJECT OVERVIEW An Emerging Cesium District • 85%-owned with minority partner Avenir Minerals, a subsidiary of Agnico Eagle. • The host Lucy South pegmatite is located 500 m off the Trans-Canada highway and sits 130 km from Winnipeg. • Minimal infrastructure requirements in a pot
Slide 12: Falcon West Cesium Project Overview: Maiden MRE at Lucy South
FALCON WEST CESIUM PROJECT OVERVIEW Maiden MRE at Lucy South Measured Classification Cs2O % Li2O % Tonnes Cs2O Tonnes Li2O Resource LCT Zone 51,500 t 2.58% 1.47% 1,322 756 Pollucite Zone 15,600 t 5.19% 1.76% 811 275 HIGHLIGHTS • Pit-constrained measured resource of 51,500 t grading 2.6% Cs2O and 1.5
Slide 13: Falcon West Cesium Project Overview: Catalysts and Avenir JV Details
FALCON WEST CESIUM PROJECT OVERVIEW Catalysts Avenir JV Details • On July 20, 2026, it was announced that Avenir acquired an July 2026 initial 15% interest in the Falcon West Property for ✓ Joint venture with Avenir Minerals C$3,750,000 in cash. • The agreement grants Avenir an option to subscribe f
Slide 14: Upside Optionality at Other Southeastern Manitoba Projects
UPSIDE OPTIONALITY AT OTHER SOUTHEASTERN MANITOBA PROJECTS • Makwa nickel project: • Option & joint venture agreement with Teck Resources signed on December 12, 2024 • Teck’s focus is the discovery of high-grade, high-value nickel/copper deposits of global significance • Mayville copper project: • S
Slide 15: Upside Optionality at Thompson East
UPSIDE OPTIONALITY AT THOMPSON EAST Thompson East Project: • Comprises the Cuthbert Lake and Wintering Lake mineral exploration licenses (MEL 1135A & 1135 B; 10,600 hectares) including seven new pending MELs that would increase the land holdings to ~57,000 hectares. • Located directly adjacent to th
Slide 16: ESG Strategy
ESG STRATEGY Environment People Health and Safety ✓ Comprehensive environmental ✓ First Nation employment ✓ Strong internal safety systems in baseline work across properties opportunities place ✓ Low-impact surveying and use of ✓ Traditional land use studies ✓ Emergency response readiness existing r
Slide 17: Grid Metals: Investment Opportunity
GRID METALS: Investment Opportunity The current share price undervalues Grid’s cesium discovery and existing mineral resources. Upside potential arises from: Defined cesium resource at Falcon West Upside optionality at Grid’s other mineral projects “Proven leadership across “ exploration and capital
Slide 18: Contact Us
TSXV: GRDM | OTCQB: MSMGF Contact Us T: 416-955-4773 Robin Dunbar, President, CEO & Director rd@gridmetalscorp.com Brandon Smith, Chief Development Officer bsmith@gridmetalscorp.com David Black, Investor Relations info@gridmetalscorp.com @GRIDMETALS @gridmetals @gridmetals @grid-metals-corp @GRIDMET
Slide 19: Manitoba: A Premier Mining Jurisdiction
APPENDIX – MANITOBA: A Premier Mining Jurisdiction Manitoba: An established critical metals producer and home to 30 of the 34 minerals on Canada’s critical minerals list. Currently exporting lithium, nickel, and copper concentrates, and has a long history in prolific mining districts (Thompson Nicke
Slide 20: Falcon West: Exploration Overview
APPENDIX – FALCON WEST: Exploration Overview • A number of highly fractionated pegmatites are documented in the area surrounding the Lucy South cesium deposit. • Geophysical and geochemical work remains ongoing to inform exploration drilling this winter. • Linear magnetic lows seen on the image are
Slide 21: Cesium Production Process
APPENDIX – CESIUM PRODUCTION PROCESS Ore sorting Cesium Mining using concentrate pollucite ore Crushing X-ray stockpile (1-10% Cs2O) transmission 10-20% Cs2O Transport Hydromet Convert to other Cesium process to cesium Global cesium chemical plant produce compounds market CsOH or Cs2CO3 (CsCl, CsI,
Slide 22: Makwa: Teck Option & JV Details
APPENDIX – MAKWA: Teck Option & JV Details • The agreement grants Teck a two-stage option to acquire up to a 70% interest in Makwa by funding cumulative expenditures of CAD$15,700,000 and making staged cash payments of CAD$1,600,000 to Grid (CAD$1,000,000 can be completed through a subscription of s
Slide 23: Makwa: Exploration Overview
APPENDIX – MAKWA: Exploration Overview • Grid consolidated the belt in 2023 with very limited deep drilling to date • Widespread mineralization with high-grade occurrences throughout the whole belt (e.g. 0.9 m at 10.9% Ni, 9.7% Zn, and 0.9% Cu at the Ore Fault deposit and 19.3% Cu grab sample from C
Slide 24: Thompson East: Boliden Option & JV Details
APPENDIX – THOMPSON EAST: Boliden Option & JV Details • The agreement grants Boliden an option to acquire an 80% interest in Thompson East by funding cumulative expenditures of at least CAD$9,600,000 and making staged cash payments of CAD$500,000 to Grid. • The cash and expenditure schedules is show
Slide 25: Mayville: Overview
APPENDIX – MAYVILLE: Overview • Significant indicated open-pit resource of 32 MMt grading 0.40% Cu, 0.16% Ni, and 0.13 g/t Pd* at Mayville deposit • Mayville (north arm) and Makwa (south arm) properties cover ~50 km of prospective strike length • Multiple deposits and many untested high-grade occurr
Slide 26: Mayville: Deposit Overview
APPENDIX – MAYVILLE: Deposit Overview M&I Classification CuEq % Cu % Ni % Co % Au g/t Pd g/t Pt g/t Resource Open Pit 32 Mt 0.61% 0.40 0.16 0.01% 0.05 0.13 0.05 HIGHLIGHTS Mayville eposit • Pit-constrained indicated resource of 32 Mt grading 0.40% Cu, 0.16% Ni, and 0.13 g/t Pd with favorable strip r
Slide 27: Donner: Mineral Resource Estimate
APPENDIX – DONNER: Mineral Resource Estimate Classification Inferred Resource Grade Deposit (Cut-Off Grade) (tonnes) (% Li2O) Main Dyke 1,145,000 1.48% Open Pit NW Dyke 955,000 1.36% (0.3% Li2O) Total 2,100,000 1.42% Main Dyke 3,669,000 1.45% Underground NW Dyke 1,042,000 1.11% (0.5% Li2O) Total 4,7
Slide 28: Fox River
APPENDIX – FOX RIVER One of the World’s Largest Ultramafic Complexes • Extensive historical data for Fox River Belt has been compiled and interpreted using the Raglan model. This deposit model has never been adequately tested in the Fox River belt. • Recently completed deep-penetrating EM survey on