Critical Minerals Group Ltd. · ASX:CMG
Critical Minerals — Investor Presentation (July 2024)
27 slides from Critical Minerals's investor presentation, Jul 31, 2024
Slide 1: Investor Presentation
For personal use only Investor Presentation 31 July 2024 ASX:CMG 1
Slide 2: Important Information
IMPORTANT INFORMATION This presentation is dated 31 July 2024 and has been prepared by Critical Minerals Group Limited ACN 652 994 726 (AS X: CMG) (CMG or the Seek your ow n advice Company) in relation to a pro-rata non-renounceable entitlement offer of new fully paid ordinary shares in CMG (New S h
Slide 3: Important Information: JORC and Competent Person Statements
IMPORTANT INFORMATION JORC Statement Competent Person Statements For personal use only The information in this presentation relating to Mineral Resources is extracted from the company’s ASX announcement titled ‘Significant Increase to Mineral Resource Estimate’ dated 10 May 2024 which is available t
Slide 4: We Are in a Strong Position
WE ARE IN A STRONG POSITION For personal use only VISION & STRATEGY MARKET DEMAND RESOURCES PEOPLE & PARTNERS PEOPLE & VISION & STRATEGY MARKET DEMAND RESOURCES 4 PARTNERS
Slide 5: With a Clear Purpose and Vision
WITH A CLEAR PURPOSE AND VISION For personal use only PURPOSE VISION To support global communities through an To be a leading high-quality manufacturer of energy transition that will deliver a more vanadium battery products for the energy sustainable and responsible future. storage market and delive
Slide 6: Our Strategy Will Ensure
OUR STRATEGY WILL ENSURE For personal use only 6
Slide 7: A Global Energy Transition Driving Market Demand for Storage
A GLOBAL ENERGY TRANSITION DRIVING MARKET DEMAND FOR STORAGE For personal use only Battery Storage potential PEOPLE & VISION & STRATEGY MARKET DEMAND RESOURCES 7 PARTNERS
Slide 8: Unstable Renewable Energy Requiring Long Duration Storage
UNSTABLE RENEWABLE ENERGY REQUIRING LONG DURATION STORAGE For personal use only GLOBAL STATIONARY APPLICATION - ENERGY STORAGE MARKET Source: World Bank Group Circul ar Business Model for Vanadi um Use in Energy Storage (worldbank.org) 6 PEOPLE & VISION & STRATEGY MARKET DEMAND RESOURCES 8 PARTNERS
Slide 9: Governments Investing in the Energy Transition
GOVERNMENTS INVESTING IN THE ENERGY TRANSITION For personal use only CMG is leveraging the grants and incentives aimed at supporting vanadium electrolyte manufacturing… CopperString 2032 Transmission Line Vanadium Demonstration Plant Global Demand Project $70m Fully funded Vanadium $5.0bn project (Q
Slide 10: Developing a World Class Resource with Upside
DEVELOPING A WORLD CLASS RESOURCE WITH UPSIDE For personal use only 4 Million Tonnes Large Scale Resource1 Mineral resource estimate of 713Mt at 0.32% The Project has the practical and financial attributes to V205, 3.4% Al2O3 and 130ppm Mo. This potentially develop a successful 4 million tonne per i
Slide 11: Lindfield Vanadium Project in Numbers
Lindfield Vanadium Project in numbers For personal use only 4 Million Tonnes $400m Capital Cost $510m NPV The Project has the practical and financial Estimated direct capital costs (excluding indirect Assuming USD$9.50 / lb 98.5% V₂O₅, attributes to potentially develop a costs, EPCM, owners’ costs a
Slide 12: Partnerships
PARTNERSHIPS For personal use only PEOPLE & VISION & STRATEGY MARKET DEMAND RESOURCES 12 PARTNERS
Slide 13: Indicative Timeline
INDICATIVE TIMELINE For personal use only 2024 2025 2026 2027 2028 PROPOSED LINDFIELD PROJECT DEVELOPMENT Pilot Plant Test Pit – bulk sample Feasibility Studies Financial Decision Mine Infra - Design & Construction Operation 4 mil tonne State & Federal Approvals VANADIUM ELECTROLYTE MANUFACTURING DE
Slide 14: Board of Directors & Executive Leadership Team
BOARD OF DIRECTORS & EXECUTIVE LEADERSHIP TEAM For personal use only Alan Broome. AM Scott Winter Art Malone Steve Kovac Stuart McClure Nicola Semler Chairman Managing Director Non-Exec Director Non-Exec Director Non-Exec Director CTO • Extensive Min in g & Board • 30 years of experience working • S
Slide 15: Vanadium Industry & Market / Transaction Overview
For personal use only Vanadium Industry & Market Transaction Overview 15 15
Slide 16: Offer Terms
Offer Terms For personal use only Offer structure • Fully underwritten 3-for-10 pro rata non-renounceable entitlement offer to raise gross proceeds of approximately $2.5 million and size (“Entitlement Offer”) • Approximately 16.6 million new ordinary shares (“New Shares”) to be issued, representing
Slide 17: Sources and Use of Funds
SOURCES AND USE OF FUNDS For personal use only The CMG board has endorsed a strategy and associated expenditure profile for FY25 and has a clear picture of the funding requirements to support the activity schedule. CMG is currently in discussions with a number of interested strategic and significant
Slide 18: Pro Forma Balance Sheet
PRO FORMA BALANCE SHEET For personal use only Adjustments The 30 June 2024 historical unaudited 30 June 2024 30 June 2024 (Pro (Unaudited) Entitlement Offer forma) balance sheet shown opposite has been proceeds Transaction costs adjusted to reflect the impact of the Current assets Entitlement Offer
Slide 19: Timetable
Timetable1 For personal use only Event Date Announcement of Entitlement Offer Wednesday, 31 July 2024 Ex-date for Entitlement Offer Friday, 2 August 2024 Record Date for determining Entitlements (7.00pm AEST) Monday, 5 August 2024 Information Booklet and Entitlement and Acceptance Form despatched Th
Slide 20: Key Highlights
KEY HIGHLIGHTS For personal use only SOLID INVESTOR GROUP GOVERNMENT SUPPORT SIGNIFICANT Significant institutional ownership and Federal and State governments supporting UPSIDE tightly held register across founders and CMG and adjacent companies as key Progressing opportunities in the mid directors.
Slide 21: Key Risks
KEY RISKS Exploration and development with these companies. The technologies directly associated with the use of CMG’s mineral resources, For personal use only Exploration and development are high risk speculative undertakings involving a high degree of compete with other technologies, which can pro
Slide 22: Key Risks (cont.)
KEY RISKS (cont.) Environmental and social sustainability risks responsibility, and liability, which creates risk, particularly in the context of drilling or extraction For personal use only The operations and activities of CMG are subject to environmental laws and regulations of Australia activitie
Slide 23: Key Risks (cont.)
KEY RISKS (cont.) Licences and permits acquisitions involving CMG’s competitors and other significant competitive and market For personal use only CMG is required under applicable laws and regulations to seek governmental concessions, permits, dynamics; or authorisations, licenses and other approval
Slide 24: Key Risks (cont.)
KEY RISKS (cont.) Insurance Unforeseen expenses For personal use only Insurance against all risks associated with mineral exploration and production is not always available The proposed expenditure on the Lindfield Project may be adversely affected by any unforeseen or affordable. CMG will maintain
Slide 25: Underwriting Agreement
UNDERWRITING AGREEMENT For personal use only Morgans Corporate Limited ACN 010 539 607 (Morgans) is acting as lead manager and underwriter to the appli cable laws; Ent itlement Offer. CMG has entered into an underwriting agreement in respect of the Offer to which only the (Timetable) any event speci
Slide 26: Underwriting Agreement (cont.)
UNDERWRITING AGREEMENT (cont.) For personal use only Events subject to ‘materiality’ (disruption in financial markets) either: (adverse change) any adv erse change occurs in the assets, liabilities, financial position or performance, • a general morat orium on commercial banki ng activities in Austr
Slide 27: Learn More on Our Site
For personal use only LEARN MORE ON OUR SITE PRESENTER: Scott Winter, Managing Director
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